$NRT
NORTH EUROPEAN OIL ROYALTY TRUST
CIK:0000072633|SEC Filings
STATEMENTS OF REVENUE COLLECTED AND EXPENSES PAID - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jul. 31, 2026 |
Jul. 31, 2025 |
Jul. 31, 2026 |
Jul. 31, 2025 |
|
| STATEMENTS OF REVENUE COLLECTED AND EXPENSES PAID [Abstract] | ||||
| Gas, sulfur, and oil royalties received | $ 2,641,909 | $ 2,617,231 | $ 7,237,569 | $ 5,594,229 |
| Interest income | 15,164 | 25,220 | 48,954 | 58,180 |
| Trust Income | 2,657,073 | 2,642,451 | 7,286,523 | 5,652,409 |
| Operating expenses | 182,713 | 180,178 | 811,838 | 640,011 |
| Related party expenses (Note 3) | 0 | 3,166 | 3,495 | 6,817 |
| Trust Expenses | 182,713 | 183,344 | 815,333 | 646,828 |
| Net Income | $ 2,474,360 | $ 2,459,107 | $ 6,471,190 | $ 5,005,581 |
| Net income per unit (in Dollars per share) | $ 0.27 | $ 0.27 | $ 0.7 | $ 0.54 |
| Distributions per unit paid or to be paid to unit owners (in Dollars per share) | $ 0.26 | $ 0.26 | $ 0.7 | $ 0.5 |
| Units Outstanding at the end of the period (in Shares) | 9,190,590 | 9,190,590 | 9,190,590 | 9,190,590 |
STATEMENTS OF CHANGES IN CASH AND CASH EQUIVALENTS - USD ($) |
9 Months Ended | |
|---|---|---|
Jul. 31, 2026 |
Jul. 31, 2025 |
|
| Sources of Cash and Cash Equivalents: | ||
| Gas, sulfur, and oil royalties received | $ 7,237,569 | $ 5,594,229 |
| Interest income | 48,954 | 58,180 |
| Net cash used in operating activities | 7,286,523 | 5,652,409 |
| Uses of Cash and Cash Equivalents: | ||
| Payment of Trust expenses | 815,333 | 646,828 |
| Distributions paid | 6,892,943 | 2,389,554 |
| Net cash provided by financing activities | 7,708,276 | 3,036,382 |
| Net (decrease) increase in cash and cash equivalents during the period | (421,753) | 2,616,027 |
| Cash and cash equivalents, beginning of period | 4,785,156 | 1,625,343 |
| Cash and cash equivalents, end of period | $ 4,363,403 | $ 4,241,370 |
STATEMENTS OF ASSETS, LIABILITIES AND TRUST CORPUS - USD ($) |
Jul. 31, 2026 |
Oct. 31, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets - - Cash and cash equivalents | $ 4,363,404 | $ 4,785,156 |
| Producing gas and oil royalty rights, net of amortization (Notes 1 and 2) | 1 | 1 |
| Total Assets | 4,363,405 | 4,785,157 |
| LIABILITIES AND TRUST CORPUS | ||
| Current liabilities - - Distributions to be paid to unit owners | 2,389,554 | 2,849,083 |
| Trust corpus (Notes 1 and 2) | 1 | 1 |
| Undistributed earnings | 1,973,850 | 1,936,073 |
| Total Liabilities and Trust Corpus | $ 4,363,405 | $ 4,785,157 |