North European Oil Royalty TrustNRT
Market Cap: $48.8M
About: North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.
Employees: 2
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
3.8% less ownership
Funds ownership: 8.89% [Q1] → 5.09% (-3.8%) [Q2]
10% less funds holding
Funds holding: 29 [Q1] → 26 (-3) [Q2]
39% less capital invested
Capital invested by funds: $4.86M [Q1] → $2.99M (-$1.87M) [Q2]
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
83% less call options, than puts
Call options by funds: $1K | Put options by funds: $6K
Research analyst outlook
We haven’t received any recent analyst ratings for NRT.