North European Oil Royalty Trust Announces The Distribution For The First Quarter Of Fiscal 2020
North European Oil Royality Trust (NRT)
US:NYSE Investor Relations:
neort.com/investors.html
Company Research
Source: PR Newswire
KEENE, N.H., Jan. 31, 2020 /PRNewswire/ -- The Trustees of North European Oil Royalty Trust (NYSE: NRT) announced today a quarterly distribution of $0.08 per unit for the first quarter of fiscal 2020, payable on February 26, 2020 to holders of record on February 14, 2020. Natural gas sold during the fourth calendar quarter of 2019 is the primary source of royalty income on which the February 2020 distribution is based. John R. Van Kirk, Managing Director, reported that this year's quarterly distribution of $0.08 per unit is 63.64%, or $0.14 per unit, lower than the distribution of $0.22 per unit for the first quarter of fiscal 2019. Under both the Mobil and OEG Royalty Agreements, gas sales, gas prices and average exchange rates were down in comparison to the first quarter of fiscal 2019, with the decline in gas prices having the greatest impact. Specific details will be available in the earnings press release scheduled for publication on or about February 14, 2020. The table bel
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NRT
Sec Filings
- 11/1/24 - Form 8-K
- 10/23/24 - Form 8-K/A
- 10/2/24 - Form 3
- NRT's page on the SEC website