{"schema_version":"secwatch.filing_event.v1","accession":"0000072633-23-000001","form_type":"8-K","ticker":"NRT","cik":"0000072633","company_name":"NORTH EUROPEAN OIL ROYALTY TRUST","filed_at":"2023-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.899538+00:00","generated_at":"2026-06-20T04:21:32.521606+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"North European Oil Royalty Trust announces $1.00 per unit distribution for Q1 fiscal 2023, up 300% from prior year.","bullets":["Quarterly distribution of $1.00 per unit payable on February 28, 2023 to record holders on February 17, 2023.","Distribution is 300% higher ($0.75 per unit) than the $0.25 per unit for Q1 fiscal 2022.","Higher gas prices and positive royalty adjustments of $3,992,911 from prior quarter drove the increase.","Cumulative 12-month distribution is $2.58 per unit, up 279.41% from prior $0.68 per unit.","Trust warns that a negative royalty adjustment in the third fiscal quarter will likely substantially reduce distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0000072633-23-000001","json":"https://secwatch.observer/filing/0000072633-23-000001.json","markdown":"https://secwatch.observer/filing/0000072633-23-000001.md","text":"https://secwatch.observer/filing/0000072633-23-000001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000001/0000072633-23-000001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000001/ek020123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T04:21:32.521606+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":"07758ec8fb8e5732017a6d086d4be807768ea7a1","claim":"NORTH EUROPEAN OIL ROYALTY TRUST updated its first quarter of fiscal 2023 guidance (lowered).","evidence_excerpt":"The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of $1.00 per unit for the first quarter of fiscal 2023, payable on February 28, 2023 to owners of record on February 17, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000001/0000072633-23-000001-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023"},{"label":"Guidance","value":"lowered"},{"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"}