BPT Trust (BPT, Financial) experienced a significant stock price drop of 5.54%. The stock is currently trading at $1.19 per share with a trading volume of 109,510 shares, a turnover rate of 0.51%, and a volatility of 5.95%.
Recent financial results for BPT Trust indicate zero revenue, net profit, and earnings per share, with no available gross profit data, and a negative price-to-earnings ratio of -23.72. There are no current institutional buy, hold, or sell ratings for the stock.
The oil and gas midstream sector, where BPT Trust operates, saw an overall decline of 0.35%. Notable gains in the sector were made by Brooge Energy Limited, DHT Holdings, and Torm Plc. Torm Plc, Scorpio Tankers Inc., and Tsakos Energy Navigation Ltd reported higher trading activities with turnover rates of 1.63%, 1.50%, and 1.16% respectively. Significant volatility was observed with Brooge Energy Limited at 18.49%, NGL Energy at 12.83%, and BPT Trust at 5.95%.
BPT Trust, formally known as BP Prudhoe Bay Royalty Trust, is a grantor trust company operating in the U.S. Its assets include overriding royalty interests, entitling it to royalties from crude oil and condensate production at the Prudhoe Bay Oil Field on Alaska’s North Slope, operated by BP Exploration (Alaska) Inc.
