BP Prudhoe Bay Royalty Trust (BPT) Receiving Somewhat Positive Press Coverage, Accern Reports
News headlines about BP Prudhoe Bay Royalty Trust (NYSE:BPT) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BP Prudhoe Bay Royalty Trust earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 45.9236893438298 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
BP Prudhoe Bay Royalty Trust (NYSE BPT) opened at $20.10 on Thursday. BP Prudhoe Bay Royalty Trust has a 52-week low of $15.00 and a 52-week high of $32.95. The firm has a market capitalization of $430.14, a P/E ratio of 5.63 and a beta of -0.56.
About BP Prudhoe Bay Royalty Trust
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.
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