{"schema_version":"secwatch.filing_event.v1","accession":"0000072633-23-000002","form_type":"8-K","ticker":"NRT","cik":"0000072633","company_name":"NORTH EUROPEAN OIL ROYALTY TRUST","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.899811+00:00","generated_at":"2026-06-19T12:29:05.490323+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NRT Q1 net income surges 305% to $9.54M; distribution $1.00/unit","bullets":["Total royalty income $9.77M, up 283.5% YoY from $2.55M.","Net income $9.54M, up 305.5%; distributions per unit $1.00 vs $0.25.","Driven by higher German gas prices (Mobil +362.89%) due to reduced Russian supply.","Trust expenses up 29.7% to $252,792; increase in Trustee and consultant fees.","Anticipated negative adjustment in Q3 due to recent gas price decline, likely reducing cash distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0000072633-23-000002","json":"https://secwatch.observer/filing/0000072633-23-000002.json","markdown":"https://secwatch.observer/filing/0000072633-23-000002.md","text":"https://secwatch.observer/filing/0000072633-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000002/0000072633-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000002/ek021523.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:29:05.490323+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":"247db0f60e7f17c7275f7807ff97d09830f27099","claim":"NORTH EUROPEAN OIL ROYALTY TRUST reported the first quarter of fiscal 2023 results: net income $9,536,014.","evidence_excerpt":"On February 14, 2023, North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's net income for the first quarter of fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000002/0000072633-23-000002-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal 2023"},{"label":"Net income","value":"$9,536,014"},{"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"}