BP Prudhoe Bay Royalty Trust (BPT) Earning Somewhat Negative News Coverage, Report Finds
News stories about BP Prudhoe Bay Royalty Trust (NYSE:BPT) have been trending somewhat negative this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BP Prudhoe Bay Royalty Trust earned a coverage optimism score of -0.03 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.2945200202708 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
BP Prudhoe Bay Royalty Trust (NYSE BPT) opened at $20.20 on Friday. The stock has a market cap of $427.00, a P/E ratio of 5.60 and a beta of -0.56. BP Prudhoe Bay Royalty Trust has a 52 week low of $15.00 and a 52 week high of $32.95.
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.
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.