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4-Traders Homepage  >  Equities  >  Nyse  >  BP Prudhoe Bay Royalty Trust    BPT

BP PRUDHOE BAY ROYALTY TRUST (BPT)
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BP Prudhoe Bay Royalty Trust : posts 3Q profit

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11/11/2017 | 12:14am CEST

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

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