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Logo for Fund North European Oil Royalty Trust

North European Oil Royalty Trust (NRT)

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Assets Under Management
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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

Description

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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