Company North European Oil Royalty Trust

Equities

NRT

US6593101065

Oil & Gas Exploration and Production

Market Closed - Nyse 04:10:00 2024-04-18 pm EDT 5-day change 1st Jan Change
6.82 USD -0.58% Intraday chart for North European Oil Royalty Trust -3.81% +16.98%

Business Summary

North European Oil Royalty Trust (the Trust) is a grantor trust which, on behalf of the owners of units of beneficial interest in the Trust (the unit owners), holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The rights are held under contracts with local German exploration and development subsidiaries of ExxonMobil Corp. (ExxonMobil) and the Royal Dutch/Shell Group of Companies (Royal Dutch/Shell Group). Under these contracts, the Trust receives various percentage royalties on the proceeds of the sales of certain products from the areas involved. Its royalties are received for sales of gas well gas, oil well gas, crude oil, condensate and sulfur. The Trust conducts no active business operations and is restricted to collection of income from royalty rights and distribution to unit owners of the net income after payment of administrative and related expenses.

Number of employees: 2

Sales per Business

USD in Million2022Weight2023Weight Delta
Gas Well and Oil Well Gas
98.2 %
17 94.6 % 22 98.2 % +29.08%
Sulfur
0.8 %
1 4.6 % 0 0.8 % -77.08%
Interest
0.6 %
0 0.0 % 0 0.6 % +5,470.54%
Oil
0.4 %
0 0.8 % 0 0.4 % -36.65%

Sales per region

USD in Million2022Weight2023Weight Delta
Germany
100.0 %
18 100.0 % 22 100.0 % +24.37%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 90-10-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 90 05-12-31
Director/Board Member 80 17-06-05
Director/Board Member 83 75-09-09
Director/Board Member 69 18-03-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 9,190,590 9,140,721 ( 99.46 %) 0 99.46 %

Shareholders

NameEquities%Valuation
Emancipation Management LLC
3.298 %
303,073 3.298 % 2 M $
Morgan Stanley Capital Services LLC
2.944 %
270,604 2.944 % 2 M $
Washington Trust Advisors, Inc.
0.5814 %
53,432 0.5814 % 317 920 $
Union Savings Bank (Danbury, Connecticut)
0.5628 %
51,728 0.5628 % 307 782 $
GSA Capital Partners LLP
0.4592 %
42,204 0.4592 % 251 114 $
Fruth Investment Management
0.3721 %
34,200 0.3721 % 203 490 $
Susquehanna Securities LLC
0.3650 %
33,547 0.3650 % 199 605 $
21,000 0.2285 % 124 950 $
LPL Financial LLC
0.1878 %
17,264 0.1878 % 102 721 $
13,350 0.1453 % 79 433 $

Company contact information

North European Oil Royalty Trust

5 North Lincoln Street

03431, Keene

+

http://www.neort.com
address North European Oil Royalty Trust(NRT)
  1. Stock Market
  2. Equities
  3. NRT Stock
  4. Company North European Oil Royalty Trust