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North European Oil Royalty Trust (NRT) Units BNF Int NPV

Sell:$2.93 Buy:$3.05 Change: $0.01 (0.34%)
Market closed |  Prices as at close on 22 September 2020 | Switch to live prices |
Sell:$2.93
Buy:$3.05
Change: $0.01 (0.34%)
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
Market closed |  Prices as at close on 22 September 2020 | Switch to live prices |
Sell:$2.93
Buy:$3.05
Change: $0.01 (0.34%)
Market closed |  Prices as at close on 22 September 2020 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

North European Oil Royalty Trust is a grantor trust. The Trust, on behalf of the 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. As of October 31, 2016, royalties were received for sales of gas well gas, oil well gas, crude oil, condensate and sulfur. As of October 31, 2016, the Oldenburg concession, located in the German federal state of Lower Saxony, covered 1,386,000 acres. The Trust receives royalties for products, such as gas, sulfur and oil. The Trust does not engage in any operating or active business.

Contact details

Address:
43 W Front St Ste 19-A,
PO Box 456
RED BANK
07701-1600
United States
Telephone:
+1 (732) 7414008
Website:
www.neort.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
NRT
ISIN:
US6593101065
Market cap:
$27.66 million
Shares in issue:
9.19 million
Sector:
Oil & Gas Exploration & Production
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel


Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.