
North European Oil Royalty Trust (NRT)
NRT Price Chart
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NRT Fund Profile
Key details and information about North European Oil Royalty Trust (NRT).
Sector Focus
Energy
Industry
Oil & Gas Exploration & Production
Inception Date
17 Mar 1980
Country
US
Website
https://www.neort.comDescription
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.
NRT Fund Performance
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