Earnings summaries and quarterly performance for BP PRUDHOE BAY ROYALTY TRUST.
Research analysts covering BP PRUDHOE BAY ROYALTY TRUST.
Recent press releases and 8-K filings for BPPTU.
BP Prudhoe Bay Royalty Trust Announces Final Distribution to Unitholders
BPPTU
Dividends
Delisting/Listing Issues
- BP Prudhoe Bay Royalty Trust announced a final distribution of approximately $4.8 million, or $0.23 per unit, payable on or about October 20, 2025, to unitholders of record as of October 15, 2025.
- This distribution includes net proceeds from the sale of the overriding royalty interest for $3.7 million to GREP V Holdings, L.P. and the release of approximately $1.8 million from cash reserves.
- The Trust expects this to be its final distribution, after which its units will be cancelled, and the Trustee intends to file a Form 15 with the SEC to suspend reporting obligations as part of the winding-up process, which is anticipated to be completed before the end of the year.
Oct 9, 2025, 8:05 PM
BP Prudhoe Bay Royalty Trust Sells Royalty Interest and Initiates Winding-Up Process
BPPTU
M&A
Dividends
Delisting/Listing Issues
- BP Prudhoe Bay Royalty Trust entered into an Asset Purchase and Sale Agreement on September 30, 2025, with GREP V Holdings, L.P. for the sale of its overriding royalty interest for $3,700,000 in cash. The sale closed on October 1, 2025, with an effective date of July 1, 2025.
- As a result of the sale, the Trust will not receive any further proceeds from oil production attributable to the Royalty Interest from July 1, 2025, and will cease regular quarterly cash distributions to its unitholders.
- The Trustee expects to distribute the net proceeds of the sale to unitholders of record on October 15, 2025, with the distribution occurring on or about October 20, 2025.
- The Trust intends to file a Form 15 with the SEC to suspend its reporting obligations, marking the cessation of future SEC filings as part of its winding-up process.
Oct 1, 2025, 8:05 PM
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