North European Oil Royalty Trust is an American company that operates as a trust specializing in oil royalty revenues. The company owns and manages royalty rights to oil fields in certain European countries, including Denmark and Norway. North European Oil Royalty Trust collects royalties from oil companies for the use of these oil fields and subsequently distributes these revenues to its shareholders. Investing in North European Oil Royalty Trust (NRT) shares may be an interesting choice for investors who want exposure to the oil industry and oil production revenues without directly operating oil businesses.
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