Welcome to our dedicated page for Bp Prudhoe Bay Rty Tr news (Ticker: BPPTU), a resource for investors and traders seeking the latest updates and insights on Bp Prudhoe Bay Rty Tr stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bp Prudhoe Bay Rty Tr's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bp Prudhoe Bay Rty Tr's position in the market.
BP Prudhoe Bay Royalty Trust (BPPTU) announced a final distribution of ~$4.8 million (approximately $0.23 per unit) payable on or about October 20, 2025 to holders of record as of October 15, 2025. The payment reflects proceeds from a $3.7 million sale of the Trust's overriding royalty interest plus a $1.8318 million release of previously withheld cash reserves, less sale expenses and a $1.0 million reserve for remaining wind-up costs. The Trust units will be cancelled after the final distribution and the Trustee intends to file a Form 15 and a certificate of cancellation as part of winding up, expected before year-end 2025.
BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that unitholders will receive no dividend payment for the quarter ended June 30, 2025, due to negative per barrel royalty calculations. The average WTI price of $63.95 fell below break-even, with average adjusted chargeable costs of $99.63 and production taxes of $2.15, resulting in a negative average per barrel royalty of ($37.83).
Additionally, the Trust received notification of NYSE delisting due to non-compliance with continued listing standards, as its unit price remained below $1.00 over a 30-day trading period. The Trust's units began trading on the OTC Pink market under the symbol "BPPTU" on July 1, 2025. The Trust, which terminated on December 31, 2024, is currently in the process of winding up its affairs.
FAQ
What is the current stock price of Bp Prudhoe Bay Rty Tr (BPPTU)?
What is the market cap of Bp Prudhoe Bay Rty Tr (BPPTU)?
