---
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"
generated_at: "2026-06-20T04:21:32.521606+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# North European Oil Royalty Trust announces $1.00 per unit distribution for Q1 fiscal 2023, up 300% from prior year.

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: dividend
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072633-23-000001
- JSON: https://secwatch.observer/filing/0000072633-23-000001.json
- Plain text: https://secwatch.observer/filing/0000072633-23-000001.txt

## Key facts
- Earnings Releases
  NORTH EUROPEAN OIL ROYALTY TRUST updated its first quarter of fiscal 2023 guidance (lowered).
  - Period: first quarter of fiscal 2023
  - Guidance: lowered
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/72633/000007263323000001/0000072633-23-000001-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.