Streetbeat News

BPT

BP Prudhoe Bay Royalty Trust

https://bpt.q4web.com/home/default.aspx

Industry

Oil & Gas Refining & Marketing

BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interest in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres. BP Prudhoe Bay Royalty Trust was incorporated in 1989 and is based in Houston, Texas.

Open

1.11

Mkt cap

23M

Volume

91K

High

1.12

P/E Ratio

-18.17

52-wk high

3.74

Low

1.08

Div yield

N/A

52-wk low

1.00

Energy stocks are experiencing a decline as oil prices drop following reports that Israel may target military sites in Iran, excluding oil or nuclear targets.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 10:52 am

The article highlights four oversold energy stocks with potential for significant gains in Q3. These stocks include Chesapeake Energy Corp (CHK), EQT Corp (EQT), Indonesia Energy Corp Ltd (INDO), and BP Prudhoe Bay Royalty Trust (BPT). Each company has experienced recent declines in stock price and has an RSI value near or below 30, indicating they may be undervalued.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 11:25 am

BP Prudhoe Bay Royalty Trust (NYSE:BPT) announced there will be no dividend payment for Q1 2024 due to the average daily closing WTI price being below the break-even price, resulting in a negative value for the payment calculation. The average Per Barrel Royalty was calculated as -$15.28, with average adjusted chargeable costs and production taxes contributing to the shortfall.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:12 pm

Benzinga Insights has identified five value stocks in the energy sector based on low price-to-earnings (P/E) multiples, indicating potential undervaluation. The stocks are SandRidge Energy (SD), BP Prudhoe Bay (BPT), PermRock Royalty Trust (PRT), GeoPark (GPRK), and International Seaways (INSW). Each company's P/E ratio and recent earnings per share (EPS) changes are highlighted, with some showing increased EPS and others decreased. Dividend yields have also shifted, with some companies experiencing a decrease and others an increase.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 2:39 pm

Energy company stocks are trading higher due to rising oil prices, which are being driven by uncertainty in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 6:18 pm

Energy stocks are trading higher due to the Israel-Hamas conflict causing uncertainty in oil supply. Several energy companies are mentioned in the context.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 3:52 pm

Oil prices have been reported lower for the session, potentially impacting a range of oil and gas companies.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 7:53 pm

Energy stocks are trading lower despite a rebound in oil prices. The stocks mentioned include APA, BKR, BPT, BTE, CPE, CPG, HPK, OVV, PBF, VET.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 4:26 pm

The article lists five energy stocks that are considered overbought, indicating a potential opportunity to short these stocks. The stocks mentioned are BP Prudhoe Bay Royalty Trust (BPT), Atlas Energy Solutions Inc. (AESI), CNX Resources Corporation (CNX), Tenaris S.A. (TS), and NOV Inc. (NOV). All these stocks have a Relative Strength Index (RSI) value above 70, which typically indicates that they are overbought.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:13 pm

Energy stocks are trading lower as oil prices fall, despite a draw in crude inventories. This is potentially due to macro concerns following Fitch's downgrade of the US credit rating.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:49 am

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