Home > Boards > US Listed > Oil/Gas/Natural Energy Production > Prudhoe Bay Royalty (BPT)

Ok - this has gone up a little

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
contrarian bull Member Profile
 
Followed By 3
Posts 1,260
Boards Moderated 0
Alias Born 10/08/09
160x600 placeholder
contrarian bull   Friday, 01/12/18 01:54:23 PM
Re: contrarian bull post# 132
Post # of 139 
Ok - this has gone up a little since I bought it in August. From what I can read their dividend is mostly based on the WTI price minus fairly fixed expenses/taxes/etc of around $35. So at a WTI price of 50 they make $15/bbl. At $60 they make $25. I assume this is the reason for the increase - and the dividend increase announced this week.

I see production has recently dipped below 90,000bbl/day. I assume this is partly due to less aggressive pumping at the lower price, and partly due to depletion of the fields.

Does anyone have any references on the long-term (5-10 year)outlook for production? I'm trying to decide whether to enjoy the dividends, or take the capital gains and run.



Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist