North European Oil Royalty Trust(US:NRT) Prnewswire·2025-07-31 20:16Distribution Announcement - The North European Oil Royalty Trust announced a quarterly distribution of $0.26 per unit for Q3 fiscal 2025, an increase from $0.21 per unit in Q3 fiscal 2024, payable on August 27, 2025 [1] Royalty Payments and Adjustments - The Trust receives royalties under the Mobil and OEG Royalty Agreements, with scheduled monthly payments based on prior quarter royalties [2] - A net royalty payment of $31,235 was reported at the end of Q3 fiscal 2025, influenced by a negative adjustment and a positive Mobil sulfur royalty payment [2] - A minor negative adjustment of €8,705 under the OEG Agreement will be offset against scheduled payments in Q4 fiscal 2025 [2] Future Estimates - Scheduled royalty payments for Q4 fiscal 2025 are estimated at $2.6 million, subject to the exchange rate at the time of fund transfer [3] - Potential adjustments for calendar 2024 and end-of-quarter adjustments in October 2025 may affect the distribution calculation [3] - Expenses incurred during the quarter will be deducted from royalty income before calculating the Q4 distribution [3]