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BP Prudhoe Bay ( (BPT) ) just unveiled an announcement.
BP Prudhoe Bay Royalty Trust has been notified by the NYSE of non-compliance with listing standards due to its unit price falling below $1.00 over a 30-day trading period. The Trust is undergoing termination and winding-up as it did not generate revenue for two consecutive years, resulting in no dividend payments for the last quarter of 2024. This situation could lead to delisting, affecting the market price and liquidity of the units.
More about BP Prudhoe Bay
YTD Price Performance: 26.98%
Average Trading Volume: 262,344
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.11M
Find detailed analytics on BPT stock on TipRanks’ Stock Analysis page.