BP Prudhoe Bay Royalty Trust (BPT): A Technical Analysis

BPT has 36-month beta value of 0.09. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for BPT is 21.40M, and currently, short sellers hold a 8.61% ratio of that float. The average trading volume of BPT on October 16, 2024 was 160.11K shares.

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BPT) stock’s latest price update

BP Prudhoe Bay Royalty Trust (NYSE: BPT)’s stock price has dropped by -8.76 in relation to previous closing price of 1.37. Nevertheless, the company has seen a gain of 2.46% in its stock price over the last five trading days. businesswire.com reported 2024-10-04 that HOUSTON–(BUSINESS WIRE)–BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that unitholders will not receive a dividend payment for the quarter ended September 30, 2024. The dividend information is as follows: Ex-Dividend Date: October 14, 2024 Record Date: October 15, 2024 Payable Date: None Dividend Rate: $0.00 per Unit As provided in the Trust Agreement, the quarterly royalty payment by Hilcorp North Slope, LLC to the Trust is the sum of the individual revenues attributed to the Trust as c.

BPT’s Market Performance

BPT’s stock has risen by 2.46% in the past week, with a monthly drop of -15.54% and a quarterly drop of -45.65%. The volatility ratio for the week is 7.67% while the volatility levels for the last 30 days are 8.99% for BP Prudhoe Bay Royalty Trust The simple moving average for the past 20 days is 1.83% for BPT’s stock, with a -41.92% simple moving average for the past 200 days.

Analysts’ Opinion of BPT

Many brokerage firms have already submitted their reports for BPT stocks, with Citigroup repeating the rating for BPT by listing it as a “Sell.” The predicted price for BPT in the upcoming period, according to Citigroup is $49 based on the research report published on February 05, 2009 of the previous year 2009.

BPT Trading at -13.69% from the 50-Day Moving Average

After a stumble in the market that brought BPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.67% of loss for the given period.

Volatility was left at 8.99%, however, over the last 30 days, the volatility rate increased by 7.67%, as shares sank -16.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.22% lower at present.

During the last 5 trading sessions, BPT rose by +2.46%, which changed the moving average for the period of 200-days by -52.47% in comparison to the 20-day moving average, which settled at $1.2275. In addition, BP Prudhoe Bay Royalty Trust saw -49.39% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for BPT

Current profitability levels for the company are sitting at:

  • -4.49 for the present operating margin
  • 1.0 for the gross margin

The net margin for BP Prudhoe Bay Royalty Trust stands at -4.0. The total capital return value is set at -0.29. Equity return is now at value -22.40, with -21.30 for asset returns.

Currently, EBITDA for the company is 5.6 million with net debt to EBITDA at 3.73. When we switch over and look at the enterprise to sales, we see a ratio of 81.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.50.

Conclusion

To put it simply, BP Prudhoe Bay Royalty Trust (BPT) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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