North European Oil Royalty Trust Announces The Distribution For The Third Quarter Of Fiscal 2018
North European Oil Royality Trust (NRT)
US:NYSE Investor Relations:
neort.com/investors.html
Company Research
Source: PR Newswire
RED BANK, N.J., July 31, 2018 /PRNewswire/ -- The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a quarterly distribution of $0.19 per unit for the third quarter of fiscal 2018, payable on August 29, 2018 to holders of record on August 17, 2018. Natural gas sold during the second calendar quarter of 2018 is the primary source of royalty income on which the August 2018 distribution is based. John R. Van Kirk, Managing Director, reported that this year's quarterly distribution of $0.19 per unit is 5.00%, or $0.01 per unit, lower than the distribution of $0.20 per unit for the third quarter of fiscal 2017. Additional details will be available in the earnings press release scheduled for publication on or about August 15, 2018. The Trust receives nearly all of its royalties under two royalty agreements. The Mobil Agreement, which is the higher royalty rate agreement, covers gas sales from the western half of the Oldenburg concession. The OEG Agreement, which
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NRT
Sec Filings
- 2/29/24 - Form 10-Q
- 2/22/24 - Form 8-K
- 2/16/24 - Form 8-K
- NRT's page on the SEC website