BP Prudhoe Bay Royalty Trust Stock News

HOUSTON--(BUSINESS WIRE)--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that unitholders will not receive a dividend payment for the quarter ended June 30, 2024. The dividend information is as follows: Ex-Dividend Date:   July 12, 2024 Record Date:   July 15, 2024 Payable Date:   None Dividend Rate:   $0.00 per Unit As provided in the Trust Agreement, the quarterly royalty payment by Hilco...

HOUSTON--(BUSINESS WIRE)--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that unitholders will not receive a dividend payment for the quarter ended March 31, 2024. The dividend information is as follows: Ex-Dividend Date: April 12, 2024 Record Date: April 15, 2024 Payable Date: None Dividend Rate: $0.00 per Unit As provided in the Trust Agreement, the quarterly royalty payment by Hilcorp No...

In 2023, energy enterprises grappled with a formidable challenge, a stark departure from the robust rally witnessed in the two preceding years. The Energy Select Sector SPDR Fund (NYSEARCA: XLE ), a vital benchmark, mirrored the plight of the doomed oil stocks with a 2.33% share price decline in the tumultuous past year.

HOUSTON--(BUSINESS WIRE)--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that unitholders will not receive a dividend payment for the quarter ended December 31, 2023. The dividend information is as follows: Ex-Dividend Date: January 12, 2024 Record Date: January 16, 2024 Payable Date: None Dividend Rate: $0.00 per Unit As provided in the Trust Agreement, the quarterly royalty payment by Hil...

HOUSTON--(BUSINESS WIRE)--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that unitholders will not receive a dividend payment for the quarter ended September 30, 2023. The dividend information is as follows: Ex-Dividend Date: October 13, 2023 Record Date: October 16, 2023 Payable Date: None Dividend Rate: $0.00 per Unit As provided in the Trust Agreement, the quarterly royalty payment by Hi...

Oil prices are rising again but the energy sector remains volatile. The unpredictability in the sector isn't merely a blip but reflects deeper concerns plaguing the sector, which highlights the importance of energy stocks to sell.

In the world of investments, the oil sector continues to oscillate between boom and bust, testing investors' mettle globally. Following the Russian incursion into Ukraine last year, the world was reminded of Russia's role as a cornerstone in Europe's oil supply chain, giving rise to supply fears and speculative investor bids on crude oil.

BP Prudhoe Bay Royalty Trust will likely see its stock rise in the near term as WTI is expected to rise. However, future distributions would likely be much smaller than last year's distributions unless WTI spikes.