---
title: "NORTH EUROPEAN OIL ROYALTY TRUST 2Q 2026: Revenue $2.38M, EPS $0.22— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288904295.md"
description: "North European Oil Royalty Trust reported Q2 2026 revenue of $2.38M and diluted EPS of $0.22, both down year-over-year due to volatile royalty receipts and FX impacts. Net income fell to $2.05M. Natural gas comprised 89% of royalties. Operator EMPG plans no new wells in 2026, focusing on maintenance, including a planned plant shutdown that may reduce near-term output."
datetime: "2026-06-05T20:41:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288904295.md)
  - [en](https://longbridge.com/en/news/288904295.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288904295.md)
generator: "portal-rs"
---

# NORTH EUROPEAN OIL ROYALTY TRUST 2Q 2026: Revenue $2.38M, EPS $0.22— 10-Q Summary

NORTH EUROPEAN OIL ROYALTY TRUST reported second-quarter 2026 results with revenue of $2.38M and diluted EPS of $0.22, modest declines from the prior-year quarter as net income fell to $2.05M. The quarter was marked by volatility in royalty receipts and FX-driven impacts on USD distributions.

**Financial Highlights**

-   Revenue was $2.38M for 2Q 2026, down from $2.47M in 2Q 2025 ((3.6%)).
-   Net income was $2.05M for 2Q 2026, down from $2.26M in 2Q 2025 ((9.3%)).
-   Diluted earnings per share was $0.22 for 2Q 2026, down from $0.25 in 2Q 2025 ((12.0%)).

**Business Highlights**

-   Royalty income remained volatile: Q2 royalties fell 3.6% year-over-year, though the first six months were up 54% driven by prior-year negative adjustments and higher sulfur receipts.
-   Natural gas comprised roughly 89% of Q2 royalties; a large share of production is sour gas (about 75%) that requires desulfurization before sale.
-   Operator EMPG plans no new wells in 2026, focusing on maintenance, well workovers and small stimulations to slow production decline.
-   Planned maintenance includes an approximately 50-day Grossenkneten plant shutdown in Aug–Sep 2026, expected to reduce near-term gas output.
-   Market drivers include GBIP gas price volatility (a drop in Q2 with a spike in March 2026) and euro–dollar FX movements, which materially affect USD distributions.

Original SEC Filing: NORTH EUROPEAN OIL ROYALTY TRUST \[ NRT \] - 10-Q - Jun. 05, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**