North European Oil Royalty Trust (NRT) Research
The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur. Its administrative headquarters are situated in Keene, New Hampshire.
Market snapshot
- Symbol
- NRT
- Price
- $7.12
- Day change
- -3.00%
- Market cap
- $65.4M
- P/E ratio
- 6.97x
- 52-week range
- 4.65-10.49
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
Peer companies
Recent insider activity
- HOWARD RICHARD PAGE — S-Sale (10000 shares) on 2026-03-17
- HOWARD RICHARD PAGE — S-Sale (15000 shares) on 2026-03-17
- HOWARD RICHARD PAGE — P-Purchase (5000 shares) on 2025-01-16
- HOWARD RICHARD PAGE — P-Purchase (5000 shares) on 2025-01-14
- HOWARD RICHARD PAGE — P-Purchase (2500 shares) on 2025-01-08
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