Regency Centers Corp. Stock Outperforms Market Despite Losses On The Day

North European Oil Royalty Trust

Change company Symbol lookup

Select an option...

NRT North European Oil Royalty Trust

LTC LTC Properties Inc

BAC Bank of America Corp

ENVB Enveric Biosciences Inc

BKE Buckle Inc

ROP Roper Technologies Inc

ESYJY Easyjet PLC

OGE OGE Energy Corp

ASB-E Associated Banc-Corp

LI Li Auto Inc

Energy : Oil, Gas & Consumable Fuels | Small Cap Growth

Company profile

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 ExxonMobil Corp. (ExxonMobil) and the Royal Dutch/Shell Group of Companies (Royal Dutch/Shell Group). Under these contracts, the Trust receives various percentage royalties on the proceeds of the sales of certain products from the areas involved. Its royalties are received for sales of gas well gas, oil well gas, crude oil, condensate and sulfur. The Trust conducts no active business operations and is restricted to collection of income from royalty rights and distribution to unit owners of the net income after payment of administrative and related expenses.

Regency Centers Corp. Stock Outperforms Market Despite Losses On The Day

5:21 pm ET March 1, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Regency Centers Corp. (REG) slipped 0.22% to $62.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. This was the stock's fourth consecutive day of losses. Regency Centers Corp. closed $10.65 short of its 52-week high ($73.41), which the company reached on April 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) fell 0.67% to $63.52, Kimco Realty Corp. (KIM) fell 0.53% to $20.50, and Federal Realty Investment Trust (FRT) fell 0.14% to $106.63. Trading volume (703,939) remained 213,521 below its 50-day average volume of 917,460.

Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.

(END) Dow Jones Newswires

March 01, 2023 17:21 ET (22:21 GMT)