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North European Oil Royalty TrustNYSE: NRT

Profile

Sector:

Energy

Country:

United States

IPO:

17 March 1980

Next earnings report:

15 November 2024

Last dividends:

16 August 2024

Next dividends:

15 November 2024
$40.44 M
-78%vs. 3y high
7%vs. sector
-52%vs. 3y high
36%vs. sector
-93%vs. 3y high
99%vs. sector
-51%vs. 3y high
93%vs. sector

Price

after hours | Fri, 01 Nov 2024 23:45:57 GMT
$4.40-$0.45(-9.28%)
$2.46 M$2.32 M

Analysts recommendations

Institutional Ownership

NRT Latest News

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE APPOINTMENT OF TWO NEW TRUSTEES
prnewswire.com16 September 2024 Sentiment: POSITIVE

KEENE, N.H. , Sept. 16, 2024 /PRNewswire/ -- North European Oil Royalty Trust (NYSE-NRT) today announced the appointments of Richard P.

The North European Oil Royalty Trust Gives Investors More Certainty In A World Of Uncertainty
Seeking Alpha27 June 2023 Sentiment: POSITIVE

The North European Oil Royalty Trust offers a simple business model with low risk and potential for high returns. The Trust has grown distributions at over 20% a year in the last five years and has a free cash flow yield of 22.95%. The Trust's business model allows it to avoid the boom and bust cycle typical of the oil and gas sector, providing investors with stability and certainty.

North European Oil Royalty Trust: Underperformance Cements My Thesis
Seeking Alpha15 June 2023 Sentiment: NEGATIVE

When I last wrote about NRT or the North European Oil Royalty Trust, I still rated the company a conservative "HOLD" due to some valuation issues. I now believe we're in for a significant drop in the dividend, which makes me even more cautious. Here's my updated thesis for NRT. While I do believe the company has upside, I also believe we should be careful at this time, and see potential for a decline.

North European Oil Royalty Trust: More Decline, But More Clarity In The 'Hold'
Seeking Alpha02 April 2023 Sentiment: NEGATIVE

When I last wrote about NRT or the North European Oil Royalty Trust, I rated the company a "HOLD", citing valuation and risk/reward issues in the market context. This proved to be the right choice, as the company has significantly underperformed index (over 14%) since that article.

What type of business is North European Oil Royalty Trust?

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company also has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. In addition, it holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust was founded in 1975 and is based in Keene, New Hampshire.

What sector is North European Oil Royalty Trust in?

North European Oil Royalty Trust is in the Energy sector

What industry is North European Oil Royalty Trust in?

North European Oil Royalty Trust is in the Oil & Gas Equipment & Services industry

What country is North European Oil Royalty Trust from?

North European Oil Royalty Trust is headquartered in United States

When did North European Oil Royalty Trust go public?

North European Oil Royalty Trust initial public offering (IPO) was on 17 March 1980

What is North European Oil Royalty Trust website?

https://www.neort.com

Is North European Oil Royalty Trust in the S&P 500?

No, North European Oil Royalty Trust is not included in the S&P 500 index

Is North European Oil Royalty Trust in the NASDAQ 100?

No, North European Oil Royalty Trust is not included in the NASDAQ 100 index

Is North European Oil Royalty Trust in the Dow Jones?

No, North European Oil Royalty Trust is not included in the Dow Jones index

When was North European Oil Royalty Trust the previous earnings report?

No data

When does North European Oil Royalty Trust earnings report?

The next expected earnings date for North European Oil Royalty Trust is 15 November 2024