secwatch.observer — SEC 8-K summary
======================================

Issuer:     NORTH EUROPEAN OIL ROYALTY TRUST (NRT)
CIK:        0000072633
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0000072633-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

North European Oil Royalty Trust Q4 net income up 428% to $6.88M; dividend $0.74/unit
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72633/000007263322000014/0000072633-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72633/000007263322000014/ek111722.htm
  HTML page:      https://secwatch.observer/filing/0000072633-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer