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Stock impact report

North European Oil Royalty Trust Announces The Net Income 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., Aug. 15, 2018 /PRNewswire/ -- North European Oil Royalty Trust (NYSE-NRT) reported the net income for the third quarter of fiscal 2018 which appears below compared with the third quarter of fiscal 2017.  As detailed in the July 31, 2018 distribution press release, the decrease in total royalty income for the third quarter of fiscal 2018 from the third quarter of fiscal 2017 resulted primarily from the decline in gas sales due to the interruption of processing at the Grossenkneten desulfurization plant in the February and March 2018 period in combination with the reduction in processing capacity at Grossenkneten following the prior retirement of Unit 3.  There were no adjustments impacting royalties during the third quarter of fiscal 2018 or fiscal 2017.  There were no royalties received under the Mobil Sulfur Agreement in either the third quarter of fiscal 2018 or fiscal 2017.3rd Fiscal QuarterEnded 7/31/20183rd Fiscal QuarterEnded 7/31/2017PercentageChangeTotal Royalt Show less Read more
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