North European OIL Royalty Trust reported results
SEC 8-KRead source ↗
North European OIL Royalty Trust is a US-listed company in the oil & gas storage & transportation industry. Its financial year ends in October.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders0 buying, 1 selling0 purchases and 2 sales by directors and officers, last 12 monthsInsider trades
- Funds12 adding, 11 cuttingOf 2 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in North European OIL Royalty Trust's latest figures clears our strength thresholds.
Things to watch
- Volatile shares. Over the past year the shares showed annualised volatility of 56% and a beta of -0.0 against the S&P 500.
Latest results
- Share reaction
- +8.4% in the first session after the results on July 30, 2026, against +2.4% for the S&P 500
Price chart
- 1 day+5.4%
- 1 week-16.7%
- 1 month-15.2%
- This year+18.1%
- 1 year+28.9%
- 5 years+41.0%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Earnings
- Last results
- July 30, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Results
No model value for North European OIL Royalty Trust at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value North European OIL Royalty Trust as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.65 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare North European OIL Royalty Trust with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Analysts' consensus
No analyst estimates are published for North European OIL Royalty Trust: too few analysts cover it.
Positioning
- Short interest
- 0.4% of tradable shares
- Days to cover
- 1.51 at average volume
- Short interest, 1 month
- −38% to October 15, 2026
- Held by institutions
- 8% of shares
- Held by insiders
- 3.2% of shares
- Employees
- 2 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| NRT | +269% | +42% | −47% | −25% | +88% | +18% |
| Industry peers (median) | +39% | +21% | +11% | +28% | +8% | +23% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| NRT | 67% | 67% | 58% | 33% | 67% | 36% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| NRT | −27% | −41% | −63% | −50% | −21% | −28% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 74% from May 4, 2022 to December 13, 2024. Getting back needed a 282% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $5.21 – $9.37
- From 52-week high
- −23.5%
- vs 50-day average
- −16.9%
- vs 200-day average
- −12.4%
- Volatility (1 year)
- 56%
- Beta vs S&P 500
- -0.03
Share price after results
- Next day
- 6 up, 6 down typical move ±6.6%
- After a week
- 6 up, 6 down typical move ±6.4%
- After a month
- 6 up, 6 down typical move ±6.9%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| July 30, 2026 | +8.4% | +2.4% | +1.0% | +5.9% |
| May 1, 2026 | +4.0% | −0.1% | −0.1% | +0.3% |
| February 3, 2026 | −4.3% | −1.3% | −1.1% | −0.7% |
| November 3, 2025 | −3.8% | −1.0% | +7.3% | +1.8% |
| August 1, 2025 | +10.4% | −0.1% | +10.2% | +7.1% |
| May 5, 2025 | +3.1% | −1.4% | +7.0% | +22.2% |
| February 3, 2025 | +7.3% | 0.0% | +10.0% | −0.7% |
| November 1, 2024 | −19.1% | +0.2% | −13.5% | −19.3% |
| August 1, 2024 | −9.1% | −3.3% | −11.0% | −10.9% |
| May 1, 2024 | +7.9% | +0.6% | +9.3% | −0.6% |
| February 16, 2024 | −0.9% | −1.0% | −4.5% | −7.6% |
| February 1, 2024 | −1.2% | +2.4% | −1.6% | +6.0% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $5.6M
- Institutions reporting
- 28
- Shares held vs prior quarter
- ▼ 15.7%
- Positions opened / closed
- 4 / 6
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Marshall Wace, LLP | $1.6M | 221K | 28.8% | ▼ 29.1% |
| Cambridge Investment Research Advisors, Inc. | $1M | 140K | 18.3% | ▲ 136.7% |
| Morgan Stanley | $615,977 | 84K | 11.0% | ▲ 32.2% |
| Washington Trust Advisors, Inc. | $390,588 | 53K | 7.0% | 0.0% |
| LPL Financial LLC | $292,485 | 40K | 5.2% | ▲ 13.4% |
| Integrity Alliance, Llc. | $233,676 | 32K | 4.2% | ▼ 1.0% |
| Susquehanna International Group, LLP | $233,196 | 32K | 4.2% | New |
| Peapack Gladstone Financial Corp | $228,000 | 31K | 4.1% | ▲ 61.1% |
| Fruth Investment Management | $226,000 | 31K | 4.0% | 0.0% |
| Verdad Advisers, LP | $225,016 | 31K | 4.0% | 0.0% |
| Jpmorgan Chase & Co | $96,024 | 14K | 1.7% | ▲ 11.7% |
| Gsa Capital Partners LLP | $91,000 | 12K | 1.6% | ▼ 35.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not North European OIL Royalty Trust's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $215,550 2 trades by 1 insider · 0% under pre-set plans
Net ▼ $215,550 net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Howard Richard Page 10% owner | March 17, 2026 | Sell | 15,000 | $8.55 | $128,250 |
| Howard Richard Page 10% owner | March 17, 2026 | Sell | 10,000 | $8.73 | $87,300 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced
- July 30, 2026
- May 1, 2026
- February 3, 2026
- November 3, 2025
- August 1, 2025
- May 5, 2025
Recent SEC filings
- 10-Q Quarterly report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
North European OIL Royalty Trust in brief
- What does North European OIL Royalty Trust do?
- North European OIL Royalty Trust is a US-listed company in the oil & gas storage & transportation industry. Its financial year ends in October.
- What is North European OIL Royalty Trust's stock ticker?
- North European OIL Royalty Trust trades under the ticker NRT on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are North European OIL Royalty Trust's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Marshall Wace, LLP, Cambridge Investment Research Advisors, Inc. and Morgan Stanley. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling North European OIL Royalty Trust stock?
- Over the last 12 months, North European OIL Royalty Trust's directors and officers reported 0 open-market purchases and 2 sales on Form 4. The insider trading page charts every trade.
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