NRT

North European Oil Royalty Trust (NYSE:NRT) is a grantor trust established in 1980 that holds overriding royalty rights covering gas and oil production in various concessions and leases in the Federal Republic of Germany. The trust operates as a passive investment vehicle, collecting royalty payments from German exploration and development subsidiaries of major oil companies including ExxonMobil Corp. and the Royal Dutch Shell Group. Based in Keene, New Hampshire, the trust has been providing investors with exposure to German oil and gas production for over four decades through its unique royalty structure.