North European Oil Royalty Trust
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $79.3M
- Price
- $8.63
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.35%
- Volume
- 32.1K
About
The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur. Its administrative headquarters are situated in Keene, New Hampshire.
Quick stats
Shares outstanding9.2M
Computed float8.9M
Float / shares96.5%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000072633
Websitehttps://www.neort.com
AI Summary
AI-generated1/2
standardbullishdividend
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE THIRD QUARTER OF FISCAL 2026
North European Oil Royalty Trust declared a distribution of $0.26 per unit for the third quarter of fiscal 2026, payable on August 31 to owners of record on August 17.
The distribution increased sequentially from $0.22 in the prior quarter and pushed the cumulative 12-month payout to $1.01 per unit.
This trailing 12-month total is 94.2% higher than the prior period, driven by royalties received under the Mobil and OEG agreements.
Red flags
- Trust assets are depleting and dependent on operator performance and gas prices