BP Prudhoe Bay Royalty Trust (BPT) Stock Forecast, Price & News

BP Prudhoe Bay Royalty Trust's stock was trading at $11.68 at the beginning of 2023. Since then, BPT shares have decreased by 54.6% and is now trading at $5.30.
View the best growth stocks for 2023 here.

BP Prudhoe Bay Royalty Trust saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,810,000 shares, a drop of 6.7% from the April 15th total of 1,940,000 shares. Based on an average daily trading volume, of 282,200 shares, the short-interest ratio is presently 6.4 days. Currently, 8.5% of the company's stock are short sold.
View BP Prudhoe Bay Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our BPT earnings forecast.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) issued its earnings results on Tuesday, August, 9th. The oil and gas company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.45. The oil and gas company had revenue of $1.95 million for the quarter. BP Prudhoe Bay Royalty Trust had a net margin of 98.28% and a trailing twelve-month return on equity of 1,317.00%.

BP Prudhoe Bay Royalty Trust declared a quarterly dividend on Friday, January 6th. Investors of record on Tuesday, January 17th will be given a dividend of $0.297 per share on Monday, January 23rd. This represents a $1.19 dividend on an annualized basis and a yield of 22.42%. The ex-dividend date of this dividend is Friday, January 13th.
Read our dividend analysis for BPT.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) pays an annual dividend of $1.19 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for BPT.

Based on aggregate information from My MarketBeat watchlists, some companies that other BP Prudhoe Bay Royalty Trust investors own include Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), C3.ai (AI), CA (CA) and Government Properties Income Trust (GOV).

BP Prudhoe Bay Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BPT."

BP Prudhoe Bay Royalty Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Citigroup Inc. (0.00%), BNP Paribas Arbitrage SNC (0.16%), Susquehanna International Group LLP (0.00%), Formidable Asset Management LLC (0.12%), UBS Group AG (0.11%) and Narwhal Capital Management (0.08%).

Shares of BPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of BPT stock can currently be purchased for approximately $5.30.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) has a market capitalization of $113.42 million and generates $76.12 million in revenue each year.

The company employs 2,020 workers across the globe.

BP Prudhoe Bay Royalty Trust's mailing address is 601 TRAVIS STREET FLOOR 16, HOUSTON TX, 77002. The official website for the company is bpt.investorhq.businesswire.com. The oil and gas company can be reached via phone at (713) 483-6020.