NRT Q4 distribution $0.74/unit, up 428.6% YoY; cumulative FY2022 $1.83

NORTH EUROPEAN OIL ROYALTY TRUST

Distribution of $0.74 per unit for Q4 fiscal 2022, payable Nov 30, record Nov 18.
Represents a 428.6% increase from $0.14 per unit in Q4 fiscal 2021.
Cumulative 12-month distribution for fiscal 2022 is $1.83 per unit, up 289.4% from $0.47.
Gas royalties under Mobil Agreement rose 215% to $3.29M on 325.6% higher gas prices despite 12.2% lower volumes.
OEG Agreement royalties increased 331.5% to $1.90M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NORTH EUROPEAN OIL ROYALTY TRUST reported financial results for the fourth quarter of fiscal 2022.

Period: the fourth quarter of fiscal 2022
Result: reported results

Exact text from the filing

On October 31, 2022, North European Oil Royalty Trust issued a press release via Cision PR Newswire announcing the Trust's distribution for the fourth quarter of fiscal 2022.

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Source: SEC EDGAR

accession 0000072633-22-000013

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