{"schema_version":"secwatch.filing_event.v1","accession":"0000072633-22-000014","form_type":"8-K","ticker":"NRT","cik":"0000072633","company_name":"NORTH EUROPEAN OIL ROYALTY TRUST","filed_at":"2022-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.374262+00:00","generated_at":"2026-06-21T17:01:00.907435+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"North European Oil Royalty Trust Q4 net income up 428% to $6.88M; dividend $0.74/unit","bullets":["Q4 FY2022 total royalty income $7.04M, +389% YoY; net income $6.88M, +428%.","Full FY2022 net income $17.09M, +330%; distributions per unit $1.83, +289%.","Gas prices under Mobil and OEG agreements rose ~250% YoY; sales volumes declined slightly.","Previously declared $0.74/unit distribution payable Nov 30 to holders of record Nov 18.","Annual meeting scheduled for Feb 15, 2023 via Zoom."],"urls":{"canonical":"https://secwatch.observer/filing/0000072633-22-000014","json":"https://secwatch.observer/filing/0000072633-22-000014.json","markdown":"https://secwatch.observer/filing/0000072633-22-000014.md","text":"https://secwatch.observer/filing/0000072633-22-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72633/000007263322000014/0000072633-22-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72633/000007263322000014/ek111722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:01:00.907435+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0db4f58ee3b0457f84d2812be6e0513808733d04","claim":"NORTH EUROPEAN OIL ROYALTY TRUST reported fourth quarter of fiscal 2022 ended October 31, 2022 results: revenue $7,037,347, net income $6,884,050, EPS $0.74.","evidence_excerpt":"4th Fiscal Quarter Ended 10/31/2022 4th Fiscal Quarter Ended 10/31/2021 Percentage Change Total Royalty Income $7,037,347 $1,437,949 +389.40 Net Income $6,884,050 $1,302,678 +428.45 Distributions per Unit $0.74 $0.14 +428.57","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72633/000007263322000014/0000072633-22-000014-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of fiscal 2022 ended October 31, 2022"},{"label":"Revenue","value":"$7,037,347"},{"label":"Net income","value":"$6,884,050"},{"label":"EPS","value":"$0.74"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a7151ec86cb724f16eec067f33b8f0ae2edca137","claim":"NORTH EUROPEAN OIL ROYALTY TRUST reported fiscal year ended October 31, 2022 results: revenue $17,800,119, net income $17,088,446, EPS $1.83.","evidence_excerpt":"Fiscal Year Ended 10/31/2022 Fiscal Year Ended 10/31/2021 Percentage Change Total Royalty Income $17,800,119 $4,602,410 +286.76% Net Income $17,088,446 $3,976,557 +329.73% Distributions per Unit $1.83 $0.47 +289.36%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72633/000007263322000014/0000072633-22-000014-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended October 31, 2022"},{"label":"Revenue","value":"$17,800,119"},{"label":"Net income","value":"$17,088,446"},{"label":"EPS","value":"$1.83"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}