BPT Trust (BPT, Financial), known for its operations in the oil and gas midstream sector, experienced a significant stock price increase of 5.21%. The current share price is $1.21 with a trading volume of 106,994 shares and a turnover rate of 0.50%. The stock's amplitude has been noted at 5.22%.
Despite this rise, recent financial reports indicate that BPT Trust hasn't generated any revenue or net profit, resulting in an earnings per share of $0.00. The company's price-to-earnings ratio stands at -23.52, and there are currently no institutional ratings available suggesting buy, hold, or sell actions for the stock.
Within the oil and gas midstream sector, where BPT operates, the overall increase has been 0.79%. Notable stocks in this industry showing substantial growth include Ocean Oil Trust, DHT Holdings, and BPT Trust itself. Other active stocks in the sector with significant turnover rates are Ocean Oil Trust, Imperial Petroleum Inc., and Viper Energy, Inc., with rates of 4.40%, 1.28%, and 1.27%, respectively. Stocks with notable amplitude variations include Pyxis Tankers Inc C/Wts, Ocean Oil Trust, and Imperial Petroleum Inc.
BPT Trust, formally known as BP Prudhoe Bay Royalty Trust, operates as a grantor trust in the U.S. Its primary assets are overriding royalty rights, which entitle the trust to receive royalties from the production of crude oil and condensate derived from BP Exploration (Alaska) Inc.'s working interest in the Prudhoe Bay Oil Field on Alaska's North Slope.
