North European Oil Royalty Trust Raises Q2 Distribution to $0.22 per Unit
NRT•North European Oil Royalty Trust declared a $0.22 per unit distribution for Q2 fiscal 2026, matching Q1’s payout and up from $0.20 in Q2 fiscal 2025. The 12-month cumulative distribution reached $1.01 per unit, a 115% increase year-over-year.
1. Q2 Fiscal 2026 Distribution Details
North European Oil Royalty Trust declared a $0.22 per unit distribution for Q2 fiscal 2026, payable May 27, 2026 to unit holders of record on May 13, 2026. This matches Q1’s payout and is up from $0.20 per unit in Q2 fiscal 2025.
2. Royalty Payment Mechanics
The Trust’s royalties derive from Mobil and OEG Royalty Agreements, with monthly payments based on royalties payable in the prior quarter. As a result, the Q2 distribution does not fully capture the recent period of higher oil prices.
3. Cumulative Twelve-Month Growth
Including the May 2026 distribution and the three prior quarterly payouts, cumulative distributions reached $1.01 per unit over the past twelve months. This represents a 115% increase from the $0.47 per unit distributed in the prior 12-month period.
4. Upcoming Filings and Forward-Looking Notes
Additional distribution details will be disclosed in the Q2 10-Q filing expected around May 30, 2026. Forward-looking statements highlight risks from asset depletion, production volatility, commodity price swings and contractual uncertainties.
