HOUSTON (AP) _ BP Prudhoe Bay Royalty Trust (BPT) on Thursday reported third-quarter net income of $17.8 million.
On a per-share basis, the Houston-based company said it had net income of 83 cents.
The oil and gas royalty trust posted revenue of $18.2 million in the period.
BP Prudhoe shares have declined 18 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.45, a decline of roughly 2 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPT at https://www.zacks.com/ap/BPT
Automated Insights, source Associated Press News