BP Prudhoe Bay Announces Final Distribution and Closure
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BP Prudhoe Bay Royalty Trust (BPPTU) announced a final distribution of approximately $4.8 million to unitholders, scheduled for October 20, 2025. This marks the end of its operations following the sale of its overriding royalty interest and cash reserves release. The Trust's units will be canceled, and it will cease SEC reporting obligations, indicating its dissolution. Current market cap stands at $4.65 million with a strong sell technical sentiment signal.
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