AP NEWS

North European Oil Royalty: Fiscal 4Q Earnings Snapshot

November 15, 2018

RED BANK, N.J. (AP) _ North European Oil Royalty Trust (NRT) on Thursday reported fiscal fourth-quarter net income of $1.3 million.

On a per-share basis, the Red Bank, New Jersey-based company said it had profit of 15 cents.

The oil and gas royalty company posted revenue of $1.5 million in the period.

For the year, the company reported profit of $6.4 million, or 70 cents per share. Revenue was reported as $7.2 million.

North European Oil Royalty shares have fallen slightly more than 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.80, a drop of 7 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NRT at https://www.zacks.com/ap/NRT

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