---
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"
generated_at: "2026-06-08T00:36:31.062212+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# North European Oil Royalty Trust Q4 net loss of $157,959; zero distribution vs $0.74 prior

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072633-23-000013
- JSON: https://secwatch.observer/filing/0000072633-23-000013.json
- Plain text: https://secwatch.observer/filing/0000072633-23-000013.txt

## Key facts
- Earnings Releases
  NORTH EUROPEAN OIL ROYALTY TRUST reported the fourth quarter of fiscal 2023 results: net income Net Income ($157,959).
  - Period: the fourth quarter of fiscal 2023
  - Net income: Net Income ($157,959)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/72633/000007263323000013/0000072633-23-000013-index.htm

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