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BP Prudhoe Bay Royalty Trust Announces No Unit Payment for the First Quarter of 2025

1. BPT unit holders will not receive a dividend for Q1 2025. 2. The announced dividend rate is $0.00 per unit.

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FAQ

Why Very Bearish?

The cancellation of the dividend directly signals poor financial performance, reminiscent of similar scenarios in 2020 and 2021 which led to significant price drops for BPT. Historically, dividend cuts typically undermine investor confidence, potentially driving share prices lower.

How important is it?

The lack of a dividend reflects the trust's current financial struggles and can deter income-focused investors, affecting the stock's performance and overall market perception. This is a significant corporate development that many investors consider when assessing BPT's future.

Why Short Term?

The immediate effects of the dividend suspension will likely impact trader sentiment and share price in the short-term, as investors react to the news and adjust their positions accordingly. Immediate market reactions can often dictate short-term price movements.

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HNSBPXOM
HOUSTON--(BUSINESS WIRE)--BP Prudhoe Bay Royalty Trust (NYSE: BPT) announced that Unit holders will not receive a dividend payment for the quarter ended March 31, 2025. The dividend information is as follows: Ex-Dividend Date: April 14, 2025 Record Date: April 15, 2025 Payable Date: None Dividend Rate: $0.00 per Unit As provided in the Trust Agreement, the quarterly royalty payment by Hilcorp North Slope, LLC (“HNS”) to the Trust is the sum of the individual revenues attributed to the Trust as.

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