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BPT on NYSE

BP Prudhoe Bay Royalty Trust

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

American oil and natural gas royalty trust

The BP Prudhoe Bay Royalty Trust is a United States oil and natural gas royalty trust based in New York, New York. With a market capitalization of US$155 million in early 2020, and an average trading volume of 322,000 shares, BP Prudhoe Bay Royalty Trust is the largest conventional oil and gas trust in the United States. Its assets are in the huge Prudhoe Bay Oil Field, the largest oil field in North America, and at the end of 2006 the trust claimed to have proved reserves of 85.1 million barrels of crude oil.3 Its shares trade on NYSE under the symbol BPT.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

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  • TickerBPT on NYSE1
  • Industrypetroleum industry1
  • HeadquartersHouston, United States1
  • Websitebpt.q4web.com/home/default.aspx
  • Incorporated inDE6
  • Business addressC/O Bankof New York, 601 Tavis Street, Floor 17, Houston, Tx 770026
  • Legal formTrust4
  • Kind of organizationTrust1
  • LEI529900GWA7X2Z1HY36754
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o BNY Mellon Trust of Delaware, 301 Bellevue Parway 3rd Floor, 19809 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 21879934

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The BP Prudhoe Bay Royalty Trust is a United States oil and natural gas royalty trust based in New York, New York. With a market capitalization of US$155 million in early 2020, and an average trading volume of 322,000 shares, BP Prudhoe Bay Royalty Trust is the largest conventional oil and gas trust in the United States. Its assets are in the huge Prudhoe Bay Oil Field, the largest oil field in North America, and at the end of 2006 the trust claimed to have proved reserves of 85.1 million barrels of crude oil. As of the end of 2018, the trust claimed to have proved reserves of 15.77 million barrels of crude oil.3

What it owns

What BP Prudhoe Bay Royalty Trust reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Properties, in its own words

Reference is made to Item 1 for the information required by this item.

Item 2 of the 10-K filed Mar 26, 2025.7

Products and brands

  • oil

Listed on Wikidata.1

Timeline

  1. Oct 9, 20258-K Results of operations; Regulation FD disclosure8
  2. Oct 1, 20258-K Entered a material agreement; Completed an acquisition or sale9
  3. Jul 1, 20258-K Results of operations; Listing notice or transfer; Regulation FD disclosure10
  4. Jun 17, 20258-K Other events11
  5. Apr 4, 20258-K Results of operations12
  6. Jan 6, 20258-K Results of operations; Listing notice or transfer; Regulation FD disclosure13
  7. Oct 4, 20248-K Results of operations14
  8. Jul 5, 20248-K Results of operations15
  9. Apr 5, 20248-K Results of operations16
  10. Jan 5, 20248-K Results of operations17
  11. Oct 5, 20238-K Results of operations18
  12. Jul 6, 20238-K Results of operations19

Calendar

When it reported results

  1. Oct 9, 2025Reported quarterly or annual results8
  2. Jul 1, 2025Reported quarterly or annual results10
  3. Apr 4, 2025Reported quarterly or annual results12
  4. Jan 6, 2025Reported quarterly or annual results13
  5. Oct 4, 2024Reported quarterly or annual results14
  6. Jul 5, 2024Reported quarterly or annual results15
  7. Apr 5, 2024Reported quarterly or annual results16
  8. Jan 5, 2024Reported quarterly or annual results17

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

37 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 19 major events, 2 other. The latest 20:

  1. Oct 20, 202515-12G EDGAR
  2. Oct 9, 20258-K EDGAR
  3. Oct 1, 20258-K EDGAR
  4. Aug 14, 202510-Q EDGAR
  5. Jul 17, 202525-NSE EDGAR
  6. Jul 1, 20258-K EDGAR
  7. Jun 17, 20258-K EDGAR
  8. May 14, 202510-Q EDGAR
  9. Apr 4, 20258-K EDGAR
  10. Mar 26, 202510-K EDGAR
  11. Jan 6, 20258-K EDGAR
  12. Nov 12, 202410-Q EDGAR
  13. Oct 4, 20248-K EDGAR
  14. Aug 9, 202410-Q EDGAR
  15. Jul 5, 20248-K EDGAR
  16. May 9, 202410-Q EDGAR
  17. Apr 5, 20248-K EDGAR
  18. Mar 14, 202410-K EDGAR
  19. Jan 5, 20248-K EDGAR
  20. Nov 9, 202310-Q EDGAR

The 37 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How BP Prudhoe Bay Royalty Trust is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBP PRUDHOE BAY ROYALTY TRUST2
  • CIK0000850033
  • Employer ID (EIN)13-69437242
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)2911 Petroleum Refining2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business addressC/O Bankof New York, 601 Tavis Street, Floor 17, Houston, TX 770022
  • Mailing addressC/O Bank Of New York, 601 Tavis Street, Floor 17, Houston, TX 770022
  • Phone21281550842
  • On EDGAR sinceFeb 8, 19942
  • Filings210 in all: 10-Q (95), 8-K (38), 10-K (25), SC 13G/A (8), 10-K405 (7), SC 13D/A (7), 10-K/A (6), UPLOAD (6)2
    All 17 form types

    CORRESP (4), 10-Q/A (3), NT 10-K (3), NT 10-Q (2), SC 13D (2), 10-K405/A (1), 15-12G (1), 25-NSE (1), 8-K/A (1)

  • Latest filingsAnnual report (10-K) Mar 26, 2025
    Quarterly report (10-Q) Aug 14, 2025
    Latest 8-K (8-K) Oct 9, 2025

Risk factors and legal proceedings

The risks BP Prudhoe Bay Royalty Trust names in Item 1A of its 10-K filed Mar 26, 2025: 20 risks under these headings, as written.7

  • Risks Related to Termination of the Trust
  • The Trust terminated on December 31, 2024, and the Trustee has commenced the process of selling the Trust’s assets pursuant to the terms of the Trust Agreement; however, there may be little or no market for the Trust’s assets, and the amount the Trust receives may be lower than the aggregate market value of the Units.
  • The New York Stock Exchange has notified the Trustee that the Trust is not in compliance with the continued listing standards and if the Trust does not regain compliance, the Units will be subject to delisting.
  • The price and liquidity of the Trust’s Units may be negatively affected by the Trust’s termination and winding up thereafter.
  • The Trust has and will continue to incur the expenses of complying with public company reporting requirements until the dissolution of the Trust following the distribution of the net proceeds from the sale of the Trust’s assets.
  • Risks Related to Royalty Payments
  • There were no royalty payments to Unit holders attributable to the four quarters of the 2024 fiscal year and it is unlikely that Unit holders will receive royalty payments in the 2025 fiscal year.
  • Royalty payments by HNS to the Trust are unpredictable because such payments depend on Cushing, Oklahoma WTI spot prices, which, like crude oil prices in general, are subject to volatility.
  • High rates of inflation as measured by the consumer price index will increase the Cost Adjustment Factor and decrease amounts available for Royalty Payments.
  • Risks Related to WTI Price
  • Crude oil prices can be highly volatile as a result of many factors that are outside of the control of the Trust.
  • The amount and value of reserves attributable to the Trust, the estimated life of the Trust, estimates of future net revenues and estimates of the present value of future net revenues fluctuate based on the WTI Price, among other factors.
The other 11 risks
  • Government action, policies or regulations designed to discourage production of, reduce demand for, or promote alternatives to oil could impact the WTI Price, directly as intended or through unintended consequences.
  • Risks Related to Oil Production
  • Future Royalty Production from the Prudhoe Bay field is projected to decline and will eventually cease. Volume of production from the 1989 Working Interests varies from quarter to quarter and the decline in production has negatively affected the Trust’s revenues.
  • Production from the 1989 Working Interests may be interrupted or discontinued by HNS.
  • Prudhoe Bay field oil production could be shut in partially or entirely from time to time as a result of damage to or failures of field pipelines or equipment.
  • Oil production from the Prudhoe Bay Unit could be interrupted by damage to the Trans-Alaska Pipeline System from natural causes, accidents, deliberate attacks or declining oil flows.
  • Construction of a gas pipeline from the North Slope of Alaska could accelerate the decline in Royalty Production from the Prudhoe Bay field.
  • The effect of any changes to the Alaska Production Tax Statutes on Per Barrel Royalty and Royalty Production from the Prudhoe Bay field is unpredictable.
  • Risks Related to the Units
  • The market price for the Trust units may not reflect the value of the assets held by the Trust.
  • Trust Unit holders have limited voting rights and have limited ability to enforce the Trust’s rights against HNS or any other operator of the underlying assets and limited rights and limited ability to assert any claims against the Trustee.
  • Financial information of the Trust is not prepared in accordance with U.S. GAAP.
  • There are potential conflicts of interest between HNS and the Trust that could affect the royalties paid to Unit holders.

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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