BP Prudhoe Bay Royalty Trust Announces No Unit Payment for the Fourth Quarter of 2024, Termination of the Trust on December 31, 2024, Commencement of Winding-Up of the Trust, and Receipt of Notice ...
HOUSTON--(BUSINESS WIRE)-- BP Prudhoe Bay Royalty Trust (BPT) announced that Unit holders of record on July 15, 2025 will not receive a dividend payment for the quarter ended June 30, 2025. As ...
A final agreement aligning ownership shares at the US's biggest oilfield is now in effect, smoothing the way for further development, BP's Alaska unit said last night. The agreement, in the works ...
As previously disclosed, pursuant to the terms of the Trust Agreement, the Trust terminates when the net revenues from the Royalty Interest for two successive years are less than $1.0 million per year ...
The Trust also announced that on June 30, 2025, it had received notification from the New York Stock Exchange (“NYSE”) of its determination to suspend trading of the Trust’s units of beneficial ...
The average daily closing WTI price was below the “break-even” price for the quarter, resulting in a negative value for the payment calculation for the quarter. However, as provided in the Trust ...
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