BP Prudhoe: 3Q Earnings Snapshot
HOUSTON (AP) _ BP Prudhoe Bay Royalty Trust (BPT) on Tuesday reported third-quarter profit of $11.8 million.
The Houston-based company said it had profit of 55 cents per share.
The oil and gas royalty trust posted revenue of $12.2 million in the period.
BP Prudhoe shares have decreased 66% since the beginning of the year. The stock has declined 74% in the last 12 months.