RED BANK, N.J. (AP) _ North European Oil Royalty Trust (NRT) on Friday reported fiscal fourth-quarter profit of $1.5 million.
The Red Bank, New Jersey-based company said it had profit of 16 cents per share.
The oil and gas royalty company posted revenue of $1.7 million in the period.
For the year, the company reported profit of $7.6 million, or 82 cents per share. Revenue was reported as $8.3 million.
North European Oil Royalty shares have climbed slightly more than 3% since the beginning of the year. In the final minutes of trading on Friday, shares hit $5.99, a fall of 12% in the last 12 months.