Key Details
Price
$4.08Last Dividend
$0.02Annual Revenue
$22.02 MAnnual EPS
$2.30Annual ROE
3565.70%Beta
0.64Events Calendar
Next earnings date:
N/ARecent quarterly earnings:
Nov 22, 2024Recent annual earnings:
Nov 22, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Nov 15, 2024Next split:
N/ARecent split:
Mar 17, 1981Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
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Institutional Ownership
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 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.
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.
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.
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