Detail akcie BP Prudhoe Bay Units online

Business Summary: 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 16.4246% of the lesser of the first 90,000 barrels of the actual average 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 actual average 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 trustees of the Trust are The Bank of New York Mellon Trust Company, N.A. and BNY Mellon Trust of Delaware, a Delaware banking corporation.
Financial Summary: BRIEF: For the three months ended 31 March 2025, BP Prudhoe Bay Royalty Trust revenues was not reported. Net loss increased 81% to $490K. Higher net loss reflects Trust administrative expenses increase of 57% to $532K (expense), Interest income decrease of 37% to $42K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.01 to -$0.02.