{"schema_version":"secwatch.filing_event.v1","accession":"0000072633-23-000013","form_type":"8-K","ticker":"NRT","cik":"0000072633","company_name":"NORTH EUROPEAN OIL ROYALTY TRUST","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.833662+00:00","generated_at":"2026-06-08T00:36:31.062212+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"North European Oil Royalty Trust Q4 net loss of $157,959; zero distribution vs $0.74 prior","bullets":["Total royalty income for Q4 FY2023 was negative $576 due to no income and currency loss; prior year was $7.0M.","Net loss of $157,959 for Q4 FY2023 compared to net income of $6.88M in Q4 FY2022.","No distribution paid for Q4; full FY2023 distributions per unit $2.26, up 23.5% from $1.83 prior.","Full year FY2023 total royalty income $22.0M, up 23.7% from $17.8M, driven by higher gas prices.","Residual overpayment of $733,028 from prior periods not yet offset; trust to resume distributions once GBIP stabilizes."],"urls":{"canonical":"https://secwatch.observer/filing/0000072633-23-000013","json":"https://secwatch.observer/filing/0000072633-23-000013.json","markdown":"https://secwatch.observer/filing/0000072633-23-000013.md","text":"https://secwatch.observer/filing/0000072633-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000013/0000072633-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000013/ek111723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:36:31.062212+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":"24ecea7cfc8d9791f93533d3add8dde8624dc588","claim":"NORTH EUROPEAN OIL ROYALTY TRUST reported the fourth quarter of fiscal 2023 results: net income Net Income ($157,959).","evidence_excerpt":"On November 17, 2023, North European Oil Royalty Trust issued a press release via PR Newswire announcing the Trust's net income for the fourth quarter of fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72633/000007263323000013/0000072633-23-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of fiscal 2023"},{"label":"Net income","value":"Net Income ($157,959)"},{"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"}