{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-043042","form_type":"8-K","ticker":"NRT","cik":"0000072633","company_name":"NORTH EUROPEAN OIL ROYALTY TRUST","filed_at":"2026-11-10T21:30:50+00:00","discovered_at":"2026-11-10T21:32:00.204626+00:00","generated_at":"2026-11-10T21:32:10.875606+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"North European Oil Royalty Trust cuts Q4 distribution to $0.20/unit from $0.31 a year ago","bullets":["Q4 fiscal 2026 distribution of $0.20 per unit vs $0.31 in Q4 fiscal 2025 and $0.26 in Q3 fiscal 2026; payable November 30, 2026 to holders of record November 17, 2026.","Trust cites a de-sulfurization plant shutdown for maintenance during the quarter that caused a royalty overpayment, creating a negative carry-over.","That negative carry-over is expected to reduce royalty income and lower the cash distribution for the first fiscal quarter of 2027.","Cumulative 12-month distribution, including the November 2026 payment and three prior quarters, is $0.90 per unit — 11.1%, or $0.09, above the prior $0.81.","Royalties flow from the Mobil and OEG Royalty Agreements; the 10-K with full detail is expected on or about January 15, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-043042","json":"https://secwatch.observer/filing/0001140361-26-043042.json","markdown":"https://secwatch.observer/filing/0001140361-26-043042.md","text":"https://secwatch.observer/filing/0001140361-26-043042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72633/000114036126043042/0001140361-26-043042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72633/000114036126043042/ef20084515_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:32:10.875606+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}