About North European Oil Royalty Trust
https://www.neort.comNorth 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.

CEO
John R. Van Kirk
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1981-03-17 | Forward | 3:1 |
Ratings Snapshot
Rating : C+
Price Target
Institutional Ownership

MORGAN STANLEY
Shares:139.21K
Value:$1.19M

HALSEY ASSOCIATES INC/CT
Shares:90.43K
Value:$770.48K

VIRTU KCG HOLDINGS LLC
Shares:53.48K
Value:$455.65K
Summary
Showing Top 3 of 36
About North European Oil Royalty Trust
https://www.neort.comNorth 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $3.08M ▲ | $0 ▼ | $2.93M ▲ | 95.17% ▲ | $0.32 ▲ | $2.93M ▲ |
| Q3-2025 | $2.62M ▲ | $180.18K ▼ | $2.46M ▲ | 93.96% ▲ | $0.27 ▲ | $2.44M ▲ |
| Q2-2025 | $2.47M ▲ | $227.82K ▲ | $2.26M ▲ | 91.49% ▲ | $0.25 ▲ | $2.24M ▲ |
| Q1-2025 | $505.7K ▼ | $0 ▼ | $285.47K ▼ | 56.45% ▼ | $0.03 ▼ | $505.7K ▼ |
| Q4-2024 | $670.2K | $161.05K | $526.74K | 78.59% | $0.06 | $509.15K |
What's going well?
Revenue and profits both jumped by about 20%. Margins remain extremely high, with almost every dollar of sales turning into profit. No debt or unusual charges make the results very clean.
What's concerning?
Gross margin dipped slightly as costs were reported this quarter. Lack of detail on expenses like R&D or marketing makes it hard to judge long-term investment or sustainability.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $3.62M ▲ | $3.62M ▲ | $1.84M ▲ | $1.78M ▲ |
| Q1-2025 | $1.73M ▲ | $1.73M ▲ | $367.62K ▲ | $1.36M ▼ |
| Q4-2024 | $1.63M ▼ | $1.63M ▼ | $183.81K ▼ | $1.44M ▲ |
| Q3-2024 | $3.03M ▲ | $3.03M ▲ | $1.93M ▲ | $1.1M ▲ |
| Q2-2024 | $2.55M | $2.55M | $1.84M | $710.54K |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $2.26M ▲ | $2.49M ▲ | $0 | $-597.14K ▼ | $1.89M ▲ | $2.49M ▲ |
| Q1-2025 | $285.47K ▲ | $519.43K ▼ | $0 | $-417.78K ▲ | $101.66K ▲ | $519.43K ▼ |
| Q4-2024 | $0 ▼ | $690.4K ▼ | $0 | $-2.09M ▼ | $-1.4M ▼ | $690.4K ▼ |
| Q3-2024 | $2.32M ▲ | $2.48M ▲ | $0 | $-2M ▼ | $479.98K ▼ | $2.48M ▲ |
| Q2-2024 | $2.03M | $2.25M | $0 | $-674.73K | $1.57M | $2.25M |

CEO
John R. Van Kirk
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1981-03-17 | Forward | 3:1 |
Ratings Snapshot
Rating : C+
Price Target
Institutional Ownership

MORGAN STANLEY
Shares:139.21K
Value:$1.19M

HALSEY ASSOCIATES INC/CT
Shares:90.43K
Value:$770.48K

VIRTU KCG HOLDINGS LLC
Shares:53.48K
Value:$455.65K
Summary
Showing Top 3 of 36

