---
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"
generated_at: "2026-11-10T21:32:10.875606+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# North European Oil Royalty Trust cuts Q4 distribution to $0.20/unit from $0.31 a year ago

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: dividend
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-043042
- JSON: https://secwatch.observer/filing/0001140361-26-043042.json
- Plain text: https://secwatch.observer/filing/0001140361-26-043042.txt

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