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BP Prudhoe Bay Royalty Trust (BP Prudhoe Bay Royalty Trust) Net Cash per Share : $0.23 (As of Dec. 2023)


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What is BP Prudhoe Bay Royalty Trust Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). BP Prudhoe Bay Royalty Trust's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.23.

The historical rank and industry rank for BP Prudhoe Bay Royalty Trust's Net Cash per Share or its related term are showing as below:

BPT' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 10   Med: 502.5   Max: 1691
Current: 10

During the past 13 years, the highest Price-to-Net-Cash Ratio of BP Prudhoe Bay Royalty Trust was 1691.00. The lowest was 10.00. And the median was 502.50.

BPT's Price-to-Net-Cash is ranked worse than
66.94% of 124 companies
in the Oil & Gas industry
Industry Median: 5.6 vs BPT: 10.00

BP Prudhoe Bay Royalty Trust Net Cash per Share Historical Data

The historical data trend for BP Prudhoe Bay Royalty Trust's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BP Prudhoe Bay Royalty Trust Net Cash per Share Chart

BP Prudhoe Bay Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 - 0.26 0.27 0.23

BP Prudhoe Bay Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.26 0.26 0.24 0.23

Competitive Comparison of BP Prudhoe Bay Royalty Trust's Net Cash per Share

For the Oil & Gas Midstream subindustry, BP Prudhoe Bay Royalty Trust's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BP Prudhoe Bay Royalty Trust's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BP Prudhoe Bay Royalty Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where BP Prudhoe Bay Royalty Trust's Price-to-Net-Cash falls into.



BP Prudhoe Bay Royalty Trust Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

BP Prudhoe Bay Royalty Trust's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.302-0.338-0)/21.4
=0.23

BP Prudhoe Bay Royalty Trust's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.302-0.338-0)/21.4
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BP Prudhoe Bay Royalty Trust  (NYSE:BPT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


BP Prudhoe Bay Royalty Trust Net Cash per Share Related Terms

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BP Prudhoe Bay Royalty Trust (BP Prudhoe Bay Royalty Trust) Business Description

Traded in Other Exchanges
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
BP Prudhoe Bay Royalty Trust is a grantor trust operating in the US. The property of the Trust consists of an overriding royalty interest. The Royalty Interest entitles the Trust to receive the royalty from the production of crude oil and condensate from the working interest of BP Exploration (Alaska) Inc. in the Prudhoe Bay oil field located on the North Slope of Alaska.