North European Oil Royalty Trust Announces The Net Income For The Third Quarter Of Fiscal 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
North European Oil Royalty Trust Announces Net Income For The Second Quarter Of Fiscal 2021
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KEENE, N.H., May 14, 2021 /PRNewswire/ North European Oil Royalty Trust (NYSE-NRT) reported the net income for the second quarter of fiscal 2021 which appears in the table below compared with the net income for the second quarter of fiscal 2020. Total royalty income includes any adjustments made by the operating companies based upon their corrected royalty calculations for prior periods as well as any Mobil sulfur royalties. During the second quarter of fiscal 2021, there were no prior period adjustments to total royalty income, whereas during the second quarter of fiscal 2020, total royalty income was reduced by prior period adjustments totaling $137,944. The Trust received separate sulfur royalty payments under the Mobil Agreement of $36,411 and $31,105 during the second quarters of fiscal 2021 and 2020, respectively.
North European Oil Royalty: Fiscal Q2 Earnings Snapshot
by The Associated Press
Last Updated May 14, 2021 at 4:28 pm EDT
KEENE, N.H. (AP) North European Oil Royalty Trust (NRT) on Friday reported fiscal second-quarter earnings of $1.2 million.
On a per-share basis, the Keene, New Hampshire-based company said it had profit of 14 cents.
The oil and gas royalty company posted revenue of $1.4 million in the period.
North European Oil Royalty shares have more than doubled since the beginning of the year. In the final minutes of trading on Friday, shares hit $6.27, an increase of 60% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NRT at https://www.zacks.com/ap/NRT
North European Oil Royalty: Fiscal 1Q Earnings Snapshot
February 12, 2021 GMT
KEENE, N.H. (AP) North European Oil Royalty Trust (NRT) on Friday reported fiscal first-quarter earnings of $112,000.
The Keene, New Hampshire-based company said it had profit of 4 cents per share.
The oil and gas royalty company posted revenue of $283,400 in the period. Its adjusted revenue was $283,000.
In the final minutes of trading on Friday, the company’s shares hit $4.12. A year ago, they were trading at $4.87.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NRT at https://www.zacks.com/ap/NRT
North European Oil Royalty Trust Announces The Net Income For The First Quarter Of Fiscal 2021
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KEENE, N.H., Feb. 12, 2021 /PRNewswire/ North European Oil Royalty Trust (NYSE-NRT) (the Trust ) reported the net income for the first quarter, ended January 31
st, of fiscal 2021 which appears in the table below compared to net income for the first quarter of fiscal 2020. Total royalty income includes positive and negative adjustments that the operators made during the quarter based upon their corrected royalty calculations for the prior periods, as well as Mobil sulfur royalties. Total royalties in the first quarter of fiscal 2021 were reduced by negative adjustments of $538,651 and increased by Mobil sulfur royalties of $65,267 (a correction of $35,070 for the first quarter of calendar 2020 and $30,197 for the fourth quarter of calendar 2020). By comparison, total royalties in the first quarter of fiscal 2020 were reduc