North European Oil Royalty Trust (NRT)Energy | Oil & Gas E&P | Keene, United States | NYSE
7.84 USD
+0.53
(7.250%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 7.84 |
Hot Take ↕ | July 11, 2026, 2:39 a.m. EDT
The investment case here is fundamentally broken despite the attractive headline yield. The business is in a severe structural decline, having lost nearly half its value over the last nine years, with the last two full years showing double-digit contractions. This is not a temporary dip; the market has correctly priced a deteriorating asset. The payout ratio of 98% is a critical red flag, indicating the trust is distributing almost all of its earnings, leaving no cushion for operational shocks or capital needs. While the 14% yield looks generous, it is a 'value trap' yield generated by a collapsing share price, not sustainable cash flow growth. On the short end, the lack of any bullish momentum and the overwhelming options flow betting on further declines suggest the downtrend has significant room to run. Investors should avoid this security. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.094893 |
| AutoETS | 0.094898 |
| AutoTheta | 0.095409 |
| MSTL | 0.097598 |
| MSTL_105 | 0.102067 |
| MSTL_84 | 0.137233 |
| MSTL_84_105 | 0.147851 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 11.40 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.243 |
| Excess Kurtosis | -0.92 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2026-05-12 |
| Last Dividend Date | 2026-05-12 |
| Revenue per Share | 1.127 |
| Market Cap | 72,054,224 |
| Trailing P/E | 7.76 |
| Beta | -0.04 |
| Profit Margins | 90.68% |
| Website | https://www.neort.com |
As of July 11, 2026, 2:39 a.m. EDT: Speculators are overwhelmingly bearish, positioning almost exclusively for downside protection via ATM and OTM puts across all expirations. Call activity is negligible, with open interest concentrated far out-of-the-money at strikes of 10.0 and 12.5, suggesting a speculative hope for a massive recovery rather than a near-term rally. The heavy put volume indicates a consensus expectation of further price weakness.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.82% | 15.67% | 10.14% | 12.21% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-13 | 0.220 | 2.820513 |
| 2026-02-13 | 0.220 | 2.699387 |
| 2025-11-14 | 0.310 | 5.073650 |
| 2025-08-15 | 0.260 | 5.078125 |
| 2025-05-16 | 0.200 | 4.454343 |
| 2025-02-14 | 0.040 | 0.840336 |
| 2024-11-15 | 0.020 | 0.479616 |
| 2024-08-16 | 0.210 | 3.658537 |
| 2024-05-16 | 0.200 | 2.777778 |
| 2024-02-15 | 0.050 | 0.863558 |
| 2023-08-17 | 0.210 | 1.674641 |
| 2023-05-18 | 1.050 | 7.675438 |
| 2023-02-16 | 1.000 | 7.434944 |
| 2022-11-17 | 0.740 | 4.420550 |
| 2022-08-18 | 0.460 | 2.746269 |
| 2022-05-12 | 0.380 | 2.391441 |
| 2022-02-10 | 0.250 | 2.045826 |
| 2021-11-10 | 0.140 | 1.808786 |
| 2021-08-12 | 0.150 | 2.083333 |
| 2021-05-13 | 0.140 | 2.236422 |
| 2021-02-11 | 0.040 | 1.005025 |
| 2020-11-12 | 0.020 | 0.687285 |
| 2020-08-13 | 0.110 | 3.235294 |
| 2020-05-14 | 0.110 | 2.806122 |
| 2020-02-13 | 0.080 | 1.724138 |
| 2019-11-14 | 0.160 | 2.807018 |
| 2019-08-15 | 0.220 | 3.188406 |
| 2019-05-16 | 0.220 | 2.976996 |
| 2019-02-14 | 0.220 | 3.179191 |
| 2018-11-15 | 0.150 | 2.205882 |
| 2018-08-16 | 0.190 | 2.375000 |
| 2018-05-17 | 0.190 | 2.134832 |
| 2018-02-15 | 0.170 | 2.101360 |
| 2017-11-16 | 0.220 | 3.216374 |
| 2017-08-16 | 0.200 | 3.076923 |
| 2017-05-17 | 0.190 | 2.617080 |
| 2017-02-15 | 0.150 | 1.955671 |
| 2016-11-16 | 0.120 | 1.668985 |
| 2016-08-17 | 0.150 | 1.777251 |
| 2016-05-11 | 0.240 | 2.774567 |
| 2016-02-10 | 0.160 | 2.069858 |
| 2015-11-10 | 0.230 | 2.475780 |
| 2015-08-12 | 0.360 | 3.600000 |
| 2015-05-13 | 0.330 | 2.501895 |
| 2015-02-11 | 0.350 | 2.435630 |
| 2014-11-12 | 0.390 | 2.228571 |
| 2014-08-13 | 0.460 | 2.078626 |
| 2014-05-13 | 0.560 | 2.305475 |
| 2014-02-12 | 0.540 | 2.464628 |
| 2013-11-13 | 0.530 | 2.322524 |
| 2013-08-14 | 0.490 | 1.923832 |
| 2013-05-15 | 0.640 | 2.585859 |
| 2013-02-13 | 0.590 | 2.264006 |
| 2012-11-14 | 0.510 | 2.051488 |
| 2012-08-08 | 0.610 | 1.955128 |
| 2012-05-09 | 0.680 | 2.029851 |
| 2012-02-15 | 0.660 | 2.035780 |
| 2011-11-10 | 0.640 | 1.910448 |
| 2011-08-10 | 0.710 | 2.274183 |
| 2011-05-11 | 0.730 | 2.294155 |
| 2011-02-09 | 0.550 | 1.794454 |
| 2010-11-09 | 0.560 | 1.904114 |
| 2010-08-11 | 0.470 | 1.734317 |
| 2010-05-12 | 0.510 | 1.732337 |
| 2010-02-10 | 0.500 | 1.663340 |
| 2009-11-10 | 0.380 | 1.206349 |
| 2009-08-12 | 0.580 | 1.833123 |
| 2009-05-13 | 0.990 | 3.477345 |
| 2009-02-11 | 1.060 | 4.092664 |
| 2008-11-12 | 1.030 | 3.633157 |
| 2008-08-12 | 0.890 | 2.526973 |
| 2008-05-14 | 0.980 | 2.470381 |
| 2008-02-13 | 0.760 | 2.244536 |
| 2007-11-14 | 0.640 | 1.869705 |
| 2007-08-08 | 0.580 | 1.655724 |
| 2007-05-09 | 0.800 | 2.082791 |
| 2007-02-09 | 0.890 | 2.360743 |
| 2006-11-08 | 0.780 | 2.109819 |
| 2006-08-09 | 0.770 | 1.799486 |
| 2006-05-10 | 0.880 | 2.525108 |
| 2006-02-08 | 0.850 | 2.972028 |
| 2005-11-08 | 0.420 | 1.487252 |
| 2005-08-10 | 0.570 | 1.824000 |
| 2005-05-11 | 0.690 | 2.510004 |
| 2005-02-09 | 0.540 | 2.210397 |
| 2004-11-09 | 0.330 | 1.410256 |
| 2004-08-11 | 0.370 | 1.587983 |
| 2004-05-12 | 0.430 | 2.009346 |
| 2004-02-11 | 0.460 | 1.908714 |
| 2003-11-12 | 0.450 | 1.882845 |
| 2003-08-13 | 0.490 | 2.034039 |
| 2003-05-14 | 0.500 | 2.194908 |
| 2003-02-12 | 0.510 | 2.195437 |
| 2002-11-13 | 0.380 | 1.818182 |
| 2002-08-07 | 0.500 | 2.215330 |
| 2002-05-08 | 0.500 | 2.100840 |
| 2002-02-13 | 0.510 | 2.615385 |
| 2001-11-14 | 0.600 | 3.157895 |
| 2001-08-08 | 0.540 | 2.880000 |
| 2001-05-09 | 0.610 | 3.187043 |
| 2001-02-14 | 0.710 | 4.104046 |
| 2000-11-08 | 0.330 | 2.062500 |
| 2000-08-09 | 0.430 | 2.615970 |
| 2000-05-10 | 0.410 | 2.981818 |
| 2000-02-09 | 0.390 | 2.785714 |
| 1999-11-09 | 0.260 | 1.808696 |
| 1999-08-11 | 0.250 | 1.843318 |
| 1999-05-12 | 0.348 | 2.485714 |
| 1999-02-10 | 0.370 | 2.666667 |
| 1998-11-13 | 0.310 | 1.945098 |
| 1998-08-12 | 0.420 | 2.698795 |
| 1998-05-08 | 0.390 | 2.496000 |
| 1998-02-11 | 0.378 | 2.458537 |
| 1997-11-12 | 0.340 | 2.045113 |
| 1997-08-13 | 0.360 | 2.258824 |
| 1997-05-14 | 0.318 | 2.251327 |
| 1997-02-12 | 0.420 | 3.000000 |
| 1996-11-06 | 0.260 | 1.943925 |
| 1996-08-12 | 0.190 | 1.504950 |
| 1996-05-08 | 0.290 | 2.148148 |
| 1996-02-08 | 0.352 | 2.492035 |
| 1995-11-08 | 0.325 | 2.476190 |
| 1995-08-09 | 0.325 | 2.476190 |
| 1995-05-08 | 0.278 | 1.968142 |
| 1995-02-06 | 0.310 | 2.407767 |
| 1994-11-04 | 0.252 | 1.784071 |
| 1994-08-08 | 0.160 | 1.032258 |
| 1994-05-09 | 0.320 | 2.000000 |
| 1994-02-07 | 0.270 | 1.661538 |
| 1993-11-05 | 0.305 | 1.807407 |
| 1993-08-09 | 0.315 | 1.923664 |
| 1993-05-10 | 0.340 | 1.915493 |
| 1993-02-08 | 0.230 | 1.373134 |
| 1992-11-06 | 0.387 | 2.211429 |
| 1992-08-10 | 0.340 | 1.915493 |
| 1992-05-11 | 0.390 | 2.516129 |
| 1992-02-10 | 0.395 | 2.393939 |
| 1991-11-04 | 0.400 | 2.388060 |
| 1991-08-05 | 0.370 | 2.387097 |
| 1991-05-06 | 0.350 | 2.240000 |
| 1991-02-11 | 0.370 | 2.529915 |
| 1990-11-05 | 0.390 | 2.294118 |
| 1990-08-06 | 0.300 | 1.632653 |
| 1990-05-07 | 0.350 | 2.240000 |
| 1990-02-12 | 0.370 | 2.114286 |
| 1989-11-06 | 0.280 | 2.113208 |
| 1989-08-07 | 0.210 | 1.714286 |
| 1989-05-08 | 0.270 | 2.138614 |
| 1989-02-06 | 0.270 | 2.226804 |
| 1988-11-04 | 0.322 | 2.430189 |
| 1988-08-08 | 0.400 | 2.758621 |
| 1988-05-03 | 0.330 | 2.078740 |
| 1988-02-08 | 0.450 | 2.748092 |
| 1987-11-02 | 0.520 | 2.929577 |
| 1987-08-03 | 0.220 | 1.023256 |
| 1987-05-04 | 0.490 | 2.085106 |
| 1987-02-02 | 0.570 | 2.303030 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.51345754 |
| Address1 | 5 North Lincoln Street |
| All Time High | 43.75 |
| All Time Low | 2.19 |
| Ask | 0.0 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 42,540 |
| Average Daily Volume3 Month | 58,518 |
| Average Volume | 58,518 |
| Average Volume10Days | 42,540 |
| Beta | -0.039 |
| Bid | 0.0 |
| Bid Size | 100 |
| Book Value | 0.206 |
| City | Keene |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 7.84 |
| Current Ratio | 1.934 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 7.87 |
| Day Low | 7.485 |
| Dividend Date | 1,779,840,000 |
| Dividend Rate | 1.01 |
| Dividend Yield | 13.82 |
| Earnings Growth | -0.093 |
| Earnings Quarterly Growth | -0.093 |
| Earnings Timestamp End | 1,756,728,000 |
| Earnings Timestamp Start | 1,756,378,740 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 6.581 |
| Enterprise Value | 68,143,248 |
| Eps Trailing Twelve Months | 1.01 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,778,630,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.7522 |
| Fifty Day Average Change | 0.087800026 |
| Fifty Day Average Change Percent | 0.01132582 |
| Fifty Two Week Change Percent | 51.345753 |
| Fifty Two Week High | 10.49 |
| Fifty Two Week High Change | -2.6499996 |
| Fifty Two Week High Change Percent | -0.2526215 |
| Fifty Two Week Low | 4.65 |
| Fifty Two Week Low Change | 3.19 |
| Fifty Two Week Low Change Percent | 0.6860215 |
| Fifty Two Week Range | 4.65 - 10.49 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 322,151,400,000 |
| Five Year Avg Dividend Yield | 14.37 |
| Float Shares | 8,897,318 |
| Free Cashflow | 6,052,110 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 10,354,060 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03191 |
| Held Percent Institutions | 0.10079 |
| Implied Shares Outstanding | 9,190,590 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,778,630,400 |
| Last Dividend Value | 0.22 |
| Last Fiscal Year End | 1,761,868,800 |
| Last Split Date | 353,635,200 |
| Last Split Factor | 3:1 |
| Long Business Summary | North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company also has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. In addition, it holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. The company was founded in 1975 and is based in Keene, New Hampshire. |
| Long Name | North European Oil Royalty Trust |
| Market | us_market |
| Market Cap | 72,054,224 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_292460 |
| Most Recent Quarter | 1,777,507,200 |
| Net Income To Common | 9,389,277 |
| Next Fiscal Year End | 1,793,404,800 |
| Non Diluted Market Cap | 67,183,212 |
| Open | 7.6 |
| Operating Cashflow | 10,354,060 |
| Operating Margins | 0.85546 |
| Payout Ratio | 0.9802 |
| Phone | 732 741 4008 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 7.84 |
| Post Market Time | 1,783,978,899 |
| Previous Close | 7.31 |
| Price Hint | 2 |
| Price To Book | 38.058254 |
| Price To Sales Trailing12 Months | 6.959031 |
| Profit Margins | 0.90682 |
| Quick Ratio | 1.934 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.53 |
| Regular Market Change Percent | 7.25034 |
| Regular Market Day High | 7.87 |
| Regular Market Day Low | 7.485 |
| Regular Market Day Range | 7.485 - 7.87 |
| Regular Market Open | 7.6 |
| Regular Market Previous Close | 7.31 |
| Regular Market Price | 7.84 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 64,835 |
| Return On Assets | 1.55836 |
| Return On Equity | 5.11495 |
| Revenue Growth | -0.037 |
| Revenue Per Share | 1.127 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Shares Outstanding | 9,190,590 |
| Shares Percent Shares Out | 0.0056 |
| Shares Short | 51,559 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 30,026 |
| Short Name | North European Oil Royality Tru |
| Short Percent Of Float | 0.0063 |
| Short Ratio | 0.94 |
| Source Interval | 15 |
| State | NH |
| Symbol | NRT |
| Total Cash | 3,910,974 |
| Total Cash Per Share | 0.426 |
| Total Debt | 0 |
| Total Revenue | 10,354,060 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.01 |
| Trailing Annual Dividend Yield | 0.13816689 |
| Trailing Eps | 1.01 |
| Trailing P E | 7.7623763 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 7.5026 |
| Two Hundred Day Average Change | 0.33739996 |
| Two Hundred Day Average Change Percent | 0.04497107 |
| Type Disp | Equity |
| Volume | 64,835 |
| Website | https://www.neort.com |
| Zip | 3,431 |