NYSE:BPT (6/28/2022, 1:46:48 PM)+1.57 (+6.89%)
|GICS Industry||Oil, Gas & Consumable Fuels|
|Earnings (Last)||05-24 2022-05-24/bmo||Earnings (Next)||N/A N/A|
|Ins Owners||N/A||Inst Owners||3.83%|
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BP Prudhoe Bay Royalty Trust engages in owning and administering the royalty interest. The company is headquartered in Houston, New York and currently employs 0 full-time employees. 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 approximately 16.4246% 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 Hilcorp North Slope, LLC (HNS) 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. The Prudhoe Bay field is one of four contiguous North Slope oil fields that are operated by HNS and are known collectively as the Prudhoe Bay Unit. The Royalty Interest is a non-operating interest in minerals. The trustees of the Trust are The Bank of New York Mellon Trust Company, N.A.
BP Prudhoe Bay Royalty Trust
101 Barclay St., 21St Floor West, C/O Bankof New York
Houston NEW YORK 77002
CEO: Elaina C. Rodgers
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