NRT Stock Overview
North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$10.49|
|52 Week High||US$12.00|
|52 Week Low||US$3.74|
|1 Month Change||2.66%|
|3 Month Change||1.37%|
|1 Year Change||163.62%|
|3 Year Change||72.57%|
|5 Year Change||52.06%|
|Change since IPO||-37.82%|
Recent News & Updates
North European Oil Royalty Trust (NYSE:NRT) Will Pay A Larger Dividend Than Last Year At US$0.14
North European Oil Royalty Trust's ( NYSE:NRT ) dividend will be increasing to US$0.14 on 24th of November. The...
|NRT||US Oil and Gas||US Market|
Return vs Industry: NRT exceeded the US Oil and Gas industry which returned 46.2% over the past year.
Return vs Market: NRT exceeded the US Market which returned 4.2% over the past year.
|NRT Average Weekly Movement||9.6%|
|Oil and Gas Industry Average Movement||7.3%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: NRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: NRT's weekly volatility (10%) has been stable over the past year.
About the Company
|n/a||2||John Van Kirk||https://www.neort.com|
North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. It holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur.
North European Oil Royalty Trust Fundamentals Summary
|NRT fundamental statistics|
Is NRT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NRT income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.43|
|Net Profit Margin||86.39%|
How did NRT perform over the long term?See historical performance and comparison
4.5%Current Dividend Yield
Is North European Oil Royalty Trust undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NRT ($10.49) is trading above our estimate of fair value ($6.19)
Significantly Below Fair Value: NRT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NRT is poor value based on its PE Ratio (24.2x) compared to the US Oil and Gas industry average (16.8x).
PE vs Market: NRT is poor value based on its PE Ratio (24.2x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NRT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NRT is overvalued based on its PB Ratio (785.9x) compared to the US Oil and Gas industry average (2.1x).
How is North European Oil Royalty Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as North European Oil Royalty Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has North European Oil Royalty Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NRT has high quality earnings.
Growing Profit Margin: NRT's current net profit margins (86.4%) are higher than last year (81.1%).
Past Earnings Growth Analysis
Earnings Trend: NRT's earnings have declined by 12.7% per year over the past 5 years.
Accelerating Growth: NRT's earnings growth over the past year (21%) exceeds its 5-year average (-12.7% per year).
Earnings vs Industry: NRT earnings growth over the past year (21%) exceeded the Oil and Gas industry 17.4%.
Return on Equity
High ROE: NRT's Return on Equity (3239.4%) is considered outstanding.
How is North European Oil Royalty Trust's financial position?
Financial Position Analysis
Short Term Liabilities: NRT's short term assets ($1.4M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: NRT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NRT is debt free.
Reducing Debt: NRT has not had any debt for past 5 years.
Debt Coverage: NRT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NRT has no debt, therefore coverage of interest payments is not a concern.
What is North European Oil Royalty Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NRT's dividend (4.48%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NRT's dividend (4.48%) is in the top 25% of dividend payers in the US market (3.61%)
Stability and Growth of Payments
Stable Dividend: NRT's dividend payments have been volatile in the past 10 years.
Growing Dividend: NRT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (108.6%), NRT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Van Kirk (69 yo)
Mr. John R. Van Kirk has been the Managing Director and Chief Executive Officer of North European Oil Royalty Trust since November 1990 and November 1, 2006 respectively and serves as its Chief Financial O...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD135.96K) is below average for companies of similar size in the US market ($USD584.85K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Board: NRT's board of directors are seasoned and experienced ( 15.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NRT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
North European Oil Royalty Trust's employee growth, exchange listings and data sources
- Name: North European Oil Royalty Trust
- Ticker: NRT
- Exchange: NYSE
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$96.428m
- Shares outstanding: 9.19m
- Website: https://www.neort.com
Number of Employees
- North European Oil Royalty Trust
- 5 North Lincoln Street
- New Hampshire
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 23:18|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.