North European Oil Royalty Trust
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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.

Price
Delayed
$12.41
Day's Change
0.08 (0.65%)
Bid
--
Ask
--
B/A Size
--
Day's High
12.58
Day's Low
12.40
Volume
(Average)

Today's volume of 13,396 shares is on pace to be in-line with NRT's 10-day average volume of 176,639 shares.

13,396

McCormick & Co. Inc. Stock Falls Thursday, Still Outperforms Market

5:11 pm ET March 9, 2023 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of McCormick & Co. Inc. (MKC) shed 1.02% to $72.00 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. McCormick & Co. Inc. closed $33.19 below its 52-week high ($105.19), which the company achieved on April 21st.

Trading volume (1.7 M) eclipsed its 50-day average volume of 1.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.

	

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

	

(END) Dow Jones Newswires

March 09, 2023 17:11 ET (22:11 GMT)

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