NRT
Price:
$7.42
Market Cap:
$68.19M
The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur. Its administrative headquarters are situated in Keene, New Hampshire.
Industry
Oil & Gas Exploration & Production
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
NRT
According to North European Oil Royalty Trust’s latest financial reports and current stock price. The company's current PE Ratio is 7.35. This represents a change of 0.74% compared to the average of 7.30 of the last 4 quarters.
The mean historical PE Ratio of North European Oil Royalty Trust over the last ten years is 9.76. The current 7.35 PE Ratio has changed 7.43% with respect to the historical average. Over the past ten years (40 quarters), NRT's PE Ratio was at its highest in in the January 2021 quarter at 80.74. The PE Ratio was at its lowest in in the October 2023 quarter at -158.84.
Average
9.76
Median
8.73
Minimum
4.74
Maximum
21.08
Discovering the peaks and valleys of North European Oil Royalty Trust PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 140.80%
Maximum Annual PE Ratio = 21.08
Minimum Annual Increase = -60.35%
Minimum Annual PE Ratio = 4.74
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 7.33 | -21.39% |
| 2024 | 9.32 | 96.67% |
| 2023 | 4.74 | -43.29% |
| 2022 | 8.36 | -60.35% |
| 2021 | 21.08 | 140.80% |
| 2020 | 8.75 | 17.93% |
| 2019 | 7.42 | -28.02% |
| 2018 | 10.31 | 18.38% |
| 2017 | 8.71 | -24.89% |
| 2016 | 11.60 | 47.62% |
The current PE Ratio of North European Oil Royalty Trust (NRT) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.13
5-year avg
10.17
10-year avg
9.76
North European Oil Royalty Trust’s PE Ratio is greater than MV Oil Trust (1.80), greater than PermRock Royalty Trust (7.10), greater than VOC Energy Trust (6.32), less than Cross Timbers Royalty Trust (18.24), less than Permianville Royalty Trust (12.04), less than Star Energy Group PLC (0), less than Mesa Royalty Trust (14.72), less than Marine Petroleum Trust (13.67),
| Company | PE Ratio | Market cap |
|---|---|---|
| 1.80 | $16.68M | |
| 7.10 | $25.91M | |
| 6.32 | $47.26M | |
| 18.24 | $58.56M | |
| 12.04 | $59.40M | |
| 0 | $34.36M | |
| 14.72 | $6.34M | |
| 13.67 | $8.58M |
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