North European Oil Royalty Trust
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NRT North European Oil Royalty Trust
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Energy : Oil, Gas & Consumable Fuels | Small Cap Growth

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.

Price: Delayed
$12.38

Day's Change: 0.0524 (0.42%)

Bid: --

Ask: --

B/A Size: --

Day's High: 12.58

Day's Low: 12.38

Volume (Light) Today's volume of 14,278 shares is on pace to be much lighter than NRT's 10-day average volume of 176,639 shares.: 14,278

Cummins Inc. Stock Rises Friday, Outperforms Market

4:46 pm ET March 3, 2023 (MarketWatch) Print

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

Shares of Cummins Inc. (CMI) advanced 2.05% to $258.06 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. This was the stock's third consecutive day of gains. Cummins Inc. closed $1.46 below its 52-week high ($259.52), which the company reached on February 17th.

Trading volume (1.0 M) eclipsed its 50-day average volume of 841,185.

Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.

(END) Dow Jones Newswires

March 03, 2023 16:46 ET (21:46 GMT)

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