BP Prudhoe Bay Finalizes Royalty Interest Sale
BP Prudhoe Bay Royalty Trust has finalized an agreement to sell its overriding royalty interest to GREP V Holdings, L.P. for $3.7 million, effective October 1, 2025. Following this sale, the Trust will stop receiving oil production proceeds and cease quarterly cash distributions to unitholders. The net proceeds will be distributed around October 20, 2025. The Trust plans to file a Form 15 with the SEC to suspend reporting obligations and will eventually dissolve after winding up its affairs.
An update from BP Prudhoe Bay ( (BPPTU) ) is now available.
On September 30, 2025, BP Prudhoe Bay Royalty Trust entered into an agreement with GREP V Holdings, L.P. to sell its overriding royalty interest for $3.7 million, with the sale closing on October 1, 2025. As a result of this transaction, the Trust will no longer receive proceeds from oil production related to the royalty interest and will cease regular quarterly cash distributions to unitholders. The net proceeds from the sale will be distributed to unitholders on or about October 20, 2025, after expenses. The Trust plans to file a Form 15 with the SEC to suspend its reporting obligations and will eventually dissolve after completing the winding-up process.
More about BP Prudhoe Bay
Average Trading Volume: 88,022
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.89M
Find detailed analytics on BPPTU stock on TipRanks’ Stock Analysis page.
