BPT 14.1% Div and at 52 week low | Stock Discussion Forums

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Gold/Mining/Energy
BPT 14.1% Div and at 52 week low

An SI Board Since December 1998

Posts	SubjectMarks	Bans
26	4	0

Emcee: EyeDrMike	Type: Unmoderated

Introduction Compact

BP Prudhoe Bay Royalty Trust owns and administers a royalty interest in the daily net production of oil and condensate from the Prudhoe Bay Field located on the North Slope of Alaska. For the nine months ended 9/30/98, total revenues decreased 61% to $14 million. Net income decreased 62% to $13.4 million. Results suffered from a decrease in royalty revenues as a result of lower average WTI prices and an increase in trust administrative expenses

BP Prudhoe Bay Royalty Trust is a grantor trust established by The Standard Oil Company, BP Exploration (both subsidiaries of British Petroleum), and the Bank of New York to administer overriding royalty interests in Standard's Prudhoe Bay oil properties in Alaska. The trust distributes royalties on approximately 16.4% of the first 90,000 barrels of the average actual daily net production of oil and condensate per quarter from Standard's working interest in the Prudhoe Bay Unit. It has net proved reserves of 80.9 million barrels of oil.

Book Value: 9.80

52 week high: 16.87
52 week low: 4 1/2
closed at: 4 9/16

Div: 14.1%

outstanding : 21.4 mil
float : 19.9 mil

EPS: 1995 1.61
1996 1.94
1997 2.05

1st Q 1998 0.20

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Reply	Message Preview	From	Recs	Posted
26	BPT etch-a-sketch-ing ++++++++++++++ [graphic] +++++++++++ [graphic] +++++++++	Chartgod	-	7/3/2024
25	Comtex SmarTrend(R) Morning Call Oct 12, 2006 October 12, 2006 9:00 AM Oct 12,	SmarTrend Alter	-	10/12/2006
24	ANCHORAGE, Alaska - In a sudden blow to the nation's oil supply, half the pr	B.K.Myers	-	8/7/2006
23	cool	Green Receipt	-	6/7/2006
22	Test.... <img src='http://www.kitconet.com/charts/metals/gold/t24_au_en_	Canuck Dave	-	5/17/2006
21	Hi, yeah I lost track of BPT when I switched to Canadian markets. Cramer mentio	Canuck Dave	-	5/3/2006
20	i've had this one for a couple of months now. with the high dividend, i'	Green Receipt	-	5/3/2006
19	I phoned the company in 1999. The royalty is fixed to the price of oil. It'	Canuck Dave	-	3/16/2005
18	CD, What I find fascinating about BPT is the dividend (actually a royalty). It	B.K.Myers	-	3/16/2005
17	Punched in BPT on a whim. Oh Lordy, did I miss the boat on this one... Guess yo	Canuck Dave	-	3/16/2005
16	I agree; warm winter had to hurt the sector, and should begin to filter into t	EyeDrMike	-	1/15/1999
15	I agree. I've been watching oil-related stocks for another final shakeout.	Snowshoe	-	1/15/1999
14	May get a chance to buy this one below 4 1/2; oil prices still pressured, and t	EyeDrMike	-	1/15/1999
13	BP Prudhoe Bay will not pay Q4 dividend Friday January 15, 1:28 pm Eastern Time	Snowshoe	-	1/15/1999
12	yep, you're right. With 1998 numbers, i come up a "break even" n	EyeDrMike	-	12/31/1998
11	The adjustment factor and taxes ARE high. That's the problem! Here's	Snowshoe	-	12/31/1998
10	the Yahoo poster says 13.03 per barrel; the sec filing says 9.30 for the charg	EyeDrMike	-	12/30/1998
9	You also need to consider the Cost Adjustment Factor and the Production Taxes..	Snowshoe	-	12/29/1998
8	Yahoo worthless IMO. Following table clearly states chargeable costs per bar	EyeDrMike	-	12/29/1998
7	From the BPT thread on Yahoo! "Got this from their latest quarterly repor	Snowshoe	-	12/29/1998
6	Reading the SEC filing, i would agree that extended ppb of less then 10 dollars	EyeDrMike	-	12/26/1998
5	Been a while since I checked, but the price of oil may now be so low that no di	Snowshoe	-	12/26/1998
4	$.05 per quarter .... NPL pays $.50 !!!! And I see propane recovering faster t	Canuck Dave	-	12/23/1998
3	Check my reply #1. I edited it... The takeover rumour is for a completely diff	Canuck Dave	-	12/23/1998
2	the dividend makes waiting for the oil sector reversal bearable, imo. buyout/t	EyeDrMike	-	12/23/1998

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