North European Oil Royalty Trust Income

What is the Income of North European Oil Royalty Trust?

The Income of North European Oil Royalty Trust is $11.507M

What is the definition of Income?

Net income available for common shareholders equals net income minus preferred dividends paid.

ttm (trailing twelve months)

Net income available to common shareholders are the profits remaining after the company pays all of its suppliers, employees, service providers, creditors, and preferred shareholders. In other words, this is revenue less all expenses and preferred dividends. The number measures common shareholders' claim on the company's cash flows.

What does North European Oil Royalty Trust do?

north european oil royalty trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the federal republic of germany. it has rights under contracts with german exploration and development subsidiaries of exxonmobil corp. and the royal dutch/shell group of companies. the company holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. north european oil royalty trust is based in keene, new hampshire.

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