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Bullboard - Stock Discussion Forum North European Oil Royalty Trust NRT

North European Oil Royalty Trust (the Trust) is a grantor trust which, on behalf of the owners of units of beneficial interest in the Trust (the unit owners), holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The rights are held under contracts with local German exploration and development subsidiaries of... see more

NYSE:NRT - Post Discussion

North European Oil Royalty Trust > Thinking NRT is a great buy at the moment
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Post by jenkinjt on Jan 10, 2024 3:41pm

Thinking NRT is a great buy at the moment

No dividends paid in November and should have recouped the previous overpayment leading to the lack of 4th quarter dividend. Natural gas prices have subsided but this stock is closely held and was doing well at low NG prices for years. Probably will rebound to significantly higher later this winter,
Fingers Crossed
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