Favorable Media Coverage Somewhat Unlikely to Impact North European Oil Royality Trust (NRT) Stock Price
News headlines about North European Oil Royality Trust (NYSE:NRT) have trended positive on Sunday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. North European Oil Royality Trust earned a coverage optimism score of 0.26 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 45.9058627994727 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
North European Oil Royality Trust (NYSE:NRT) traded down 1.23% during trading on Friday, hitting $6.45. 28,252 shares of the stock traded hands. The firm has a market cap of $59.28 million, a PE ratio of 9.63 and a beta of 0.01. North European Oil Royality Trust has a 12 month low of $5.94 and a 12 month high of $8.63. The firm has a 50-day moving average price of $6.43 and a 200 day moving average price of $7.03.
North European Oil Royality Trust (NYSE:NRT) last posted its earnings results on Friday, August 11th. The energy company reported $0.20 EPS for the quarter. North European Oil Royality Trust had a net margin of 88.93% and a return on equity of 5,713.13%. The company had revenue of $1.97 million during the quarter.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Friday, August 18th will be given a dividend of $0.20 per share. This is a boost from North European Oil Royality Trust’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, August 16th. This represents a $0.80 dividend on an annualized basis and a yield of 12.40%. North European Oil Royality Trust’s dividend payout ratio is presently 123.08%.
About North European Oil Royality Trust
North European Oil Royalty Trust is a grantor trust. The Trust, on behalf of the 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.
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