North European Oil Royalty Trust (the “Trust”) was organized in 1975 as the successor entity to North European Oil Corporation and North European Oil Company. The Trust is administered by five Trustees, one of whom is designated the Managing Trustee, and the Managing Director. The purpose of the Trust is to collect, hold and verify royalties paid into the Trust by the operating companies, German subsidiaries of the Exxon Mobil Corporation and the Royal Dutch/Shell Group of Companies.
Company profile
Ticker
NRT
Exchange
Website
CEO
John Russell Van Kirk
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
222084119
NRT stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
31 May 23
8-K
North European Oil Royalty Trust Announcesthe Net Income for the Second Quarter of Fiscal 2023
15 May 23
8-K
Results of Operations and Financial Condition
1 May 23
8-K
Departure of Directors or Certain Officers
15 Mar 23
10-Q
2023 Q1
Quarterly report
28 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
16 Feb 23
8-K
Results of Operations and Financial Condition
15 Feb 23
8-K
Results of Operations and Financial Condition
1 Feb 23
DEF 14A
Definitive proxy
3 Jan 23
10-K
2022 FY
Annual report
30 Dec 22
Latest ownership filings
SC 13G/A
Emancipation Management LLC
10 Feb 23
SC 13G/A
Emancipation Management LLC
1 Feb 23
4
Kirk John Russell Van
3 Jan 23
4
Nancy J F Prue
1 Jul 22
4
Nancy J F Prue
27 Jun 22
SC 13G/A
MORGAN STANLEY
6 May 22
SC 13G/A
MORGAN STANLEY
11 Feb 22
SC 13G/A
Emancipation Management LLC
27 Jan 22
4
ROBERT P ADELMAN
12 Jan 22
SC 13G
Emancipation Management LLC
2 Aug 21
Institutional ownership, Q4 2022
15.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 30 |
| Opened positions | 8 |
| Closed positions | 4 |
| Increased positions | 7 |
| Reduced positions | 5 |
| 13F shares | Current |
|---|---|
| Total value | 4.41 bn |
| Total shares | 1.44 mm |
| Total puts | 11.50 k |
| Total calls | 0.00 |
| Total put/call ratio | Infinity |
| Largest owners | Shares | Value |
|---|---|---|
| Emancipation Management | 998.56 k | $0.00 |
| MS Morgan Stanley | 143.03 k | $1.82 bn |
| Washington Trust Advisors | 53.43 k | $667.90 mm |
| Fruth Investment Management | 34.70 k | $433.00 k |
| Citadel Advisors | 30.88 k | $391.89 mm |
| Neville Rodie & Shaw | 28.00 k | $355.00 k |
| Navellier & Associates | 23.88 k | $303.01 mm |
| PGC Peapack-Gladstone Financial | 19.54 k | $248.00 k |
| Susquehanna International | 13.23 k | $167.90 mm |
| BAC Bank Of America | 11.72 k | $148.69 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 Dec 22 | Kirk John Russell Van | Units of Beneficial Interest | By will or laws of descent | Acquire W | No | No | 13.86 | 250 | 3.47 k | 13,350 |
| 1 Jul 22 | Prue Nancy J F | Units of Beneficial Interest | Buy | Acquire P | No | No | 12.38 | 872 | 10.80 k | 7,000 |
| 23 Jun 22 | Prue Nancy J F | Units of Beneficial Interest | Buy | Acquire P | No | No | 12.54 | 128 | 1.61 k | 6,128 |
| 12 Jan 22 | Robert P Adelman | Units of Beneficial Interest | Sell | Dispose S | Yes | No | 11.4123 | 4,000 | 45.65 k | 4,000 |
Press releases
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES NET INCOME FOR THE SECOND QUARTER OF FISCAL 2023
12 May 23
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE SECOND QUARTER OF FISCAL 2023
28 Apr 23
NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE RETIREMENT OF THE MANAGING TRUSTEE AND THE NAMING OF HIS SUCCESSOR
14 Mar 23