BP Prudhoe Bay Royalty Trust Common Stock (BPT)
0.5451
+0.0185 (3.51%)
BP Prudhoe Bay Royalty Trust is a publicly traded trust that primarily focuses on the income generated from its ownership of royalty interests in oil and natural gas production from the Prudhoe Bay field in Alaska
The trust receives a share of the revenue produced from the extraction of these resources, allowing it to distribute earnings to its unit holders. The trust operates under a model that provides investors with exposure to the energy sector, while also allowing them to benefit from the long-term production of one of the largest oil fields in North America.