Media stories about BP Prudhoe Bay Royalty Trust (NYSE:BPT) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. BP Prudhoe Bay Royalty Trust earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 46.5571362583226 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
BP Prudhoe Bay Royalty Trust (NYSE:BPT) traded up 0.26% on Monday, reaching $19.00. 74,023 shares of the company were exchanged. BP Prudhoe Bay Royalty Trust has a 12-month low of $15.00 and a 12-month high of $32.95. The firm has a market capitalization of $406.58 million, a PE ratio of 5.50 and a beta of -0.47. The stock has a 50 day moving average of $20.92 and a 200 day moving average of $20.31.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Stockholders of record on Monday, October 16th were given a $0.6758 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 14.23%. The ex-dividend date of this dividend was Friday, October 13th. BP Prudhoe Bay Royalty Trust’s dividend payout ratio is presently 78.03%.
Separately, BidaskClub downgraded shares of BP Prudhoe Bay Royalty Trust from a “buy” rating to a “hold” rating in a report on Monday, July 24th.
BP Prudhoe Bay Royalty Trust Company Profile
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.
What are top analysts saying about BP Prudhoe Bay Royalty Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BP Prudhoe Bay Royalty Trust and related companies.