News articles about BP Prudhoe Bay Royalty Trust (NYSE:BPT) have been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BP Prudhoe Bay Royalty Trust earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 47.125012028493 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, BidaskClub lowered BP Prudhoe Bay Royalty Trust from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.
BP Prudhoe Bay Royalty Trust (BPT) traded down $0.10 on Friday, reaching $19.45. The company’s stock had a trading volume of 172,000 shares, compared to its average volume of 156,607. The company has a market cap of $416.23, a price-to-earnings ratio of 5.40 and a beta of -0.58. BP Prudhoe Bay Royalty Trust has a fifty-two week low of $15.00 and a fifty-two week high of $32.95.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Monday, October 16th were given a dividend of $0.6758 per share. This represents a $2.70 dividend on an annualized basis and a yield of 13.90%. The ex-dividend date of this dividend was Friday, October 13th. BP Prudhoe Bay Royalty Trust’s payout ratio is 75.00%.
BP Prudhoe Bay Royalty Trust Company Profile
BP Prudhoe Bay Royalty Trust is a grantor trust. The property of the Trust consists of an overriding royalty interest (the Royalty Interest), and cash and cash equivalents held by the Trustee from time to time. The Royalty Interest entitles the Trust to a royalty on 16.4% of the lesser of the first 90,000 barrels of the average actual daily net production of crude oil and condensate per quarter from the working interest of BP Exploration (Alaska) Inc (BP Alaska) as of February 28, 1989 in the Prudhoe Bay oil field located on the North Slope in Alaska or the average actual daily net production of crude oil and condensate per quarter from that working interest.
Receive News & Ratings for BP Prudhoe Bay Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP Prudhoe Bay Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.