BP Prudhoe Bay Royalty Trust (BPT) - Net Assets
Based on the latest financial reports, BP Prudhoe Bay Royalty Trust (BPT) has net assets worth $2.79 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.12 Million) and total liabilities ($325.00K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BPT financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.79 Million |
| % of Total Assets | 89.57% |
| Annual Growth Rate | -13.91% |
| 5-Year Change | 6047.46% |
| 10-Year Change | 383.6% |
| Growth Volatility | 1673.87 |
BP Prudhoe Bay Royalty Trust - Net Assets Trend (1992–2024)
This chart illustrates how BP Prudhoe Bay Royalty Trust's net assets have evolved over time, based on quarterly financial data. Also explore BP Prudhoe Bay Royalty Trust (BPT) total assets for the complete picture of this company's asset base.
Annual Net Assets for BP Prudhoe Bay Royalty Trust (1992–2024)
The table below shows the annual net assets of BP Prudhoe Bay Royalty Trust from 1992 to 2024. For live valuation and market cap data, see market cap of BP Prudhoe Bay Royalty Trust.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.63 Million | -26.93% |
| 2023-12-31 | $4.96 Million | -14.22% |
| 2022-12-31 | $5.79 Million | +2.64% |
| 2021-12-31 | $5.64 Million | +9455.93% |
| 2020-12-31 | $59.00K | -93.43% |
| 2019-12-31 | $898.00K | +29.77% |
| 2018-12-31 | $692.00K | -11.85% |
| 2017-12-31 | $785.00K | -0.13% |
| 2016-12-31 | $786.00K | +4.80% |
| 2015-12-31 | $750.00K | -9.96% |
| 2014-12-31 | $833.00K | -3.48% |
| 2013-12-31 | $863.00K | +4.48% |
| 2012-12-31 | $826.00K | -7.19% |
| 2011-12-31 | $890.00K | +3.25% |
| 2010-12-31 | $862.00K | -97.33% |
| 2009-12-31 | $32.27 Million | +578.43% |
| 2008-12-31 | $4.76 Million | -27.84% |
| 2007-12-31 | $6.59 Million | -25.54% |
| 2006-12-31 | $8.85 Million | -18.60% |
| 2005-12-31 | $10.88 Million | -15.57% |
| 2004-12-31 | $12.88 Million | -12.55% |
| 2003-12-31 | $14.73 Million | -10.72% |
| 2002-12-31 | $16.50 Million | -11.13% |
| 2001-12-31 | $18.56 Million | -10.18% |
| 2000-12-31 | $20.67 Million | -8.65% |
| 1999-12-31 | $22.63 Million | -9.52% |
| 1998-12-31 | $25.01 Million | -89.70% |
| 1997-12-31 | $242.83 Million | -9.71% |
| 1996-12-31 | $268.94 Million | -11.69% |
| 1995-12-31 | $304.54 Million | -10.48% |
| 1994-12-31 | $340.19 Million | -22.28% |
| 1992-12-31 | $437.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BP Prudhoe Bay Royalty Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $3.63 Million | 100.00% |
| Total Equity | $3.63 Million | 100.00% |
BP Prudhoe Bay Royalty Trust Competitors by Market Cap
The table below lists competitors of BP Prudhoe Bay Royalty Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kitwave Group PLC
LSE:KITW
|
$3.00 Million |
|
Gooch & Housego Plc
LSE:GHH
|
$3.00 Million |
|
Metalex Ventures Ltd.
V:MTX
|
$3.00 Million |
|
Automax Motors Ltd
TA:AMX
|
$3.00 Million |
|
Lavoro Limited Class A Ordinary Shares
NASDAQ:LVRO
|
$2.99 Million |
|
Dongwon Systems Corp
KO:014825
|
$2.99 Million |
|
Geekco Technologies Corp
V:GKO
|
$2.99 Million |
|
Digital Currency X Technology Inc.
NASDAQ:DCX
|
$2.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BP Prudhoe Bay Royalty Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,964,000 to 3,627,000, a change of -1,337,000 (-26.9%).
- Net loss of 1,143,000 reduced equity.
- Other factors decreased equity by 194,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.14 Million | -31.51% |
| Other Changes | $-194.00K | -5.35% |
| Total Change | $- | -26.93% |
Book Value vs Market Value Analysis
This analysis compares BP Prudhoe Bay Royalty Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.01x to 0.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $24.09 | $0.14 | x |
| 1990-12-31 | $22.97 | $0.14 | x |
| 1991-12-31 | $21.85 | $0.14 | x |
| 1992-12-31 | $20.47 | $0.14 | x |
| 1993-12-31 | $19.00 | $0.14 | x |
| 1994-12-31 | $15.90 | $0.14 | x |
| 1995-12-31 | $14.18 | $0.14 | x |
| 1996-12-31 | $12.57 | $0.14 | x |
| 1997-12-31 | $11.32 | $0.14 | x |
| 1998-12-31 | $1.17 | $0.14 | x |
| 1999-12-31 | $1.06 | $0.14 | x |
| 2000-12-31 | $0.97 | $0.14 | x |
| 2001-12-31 | $0.87 | $0.14 | x |
| 2002-12-31 | $0.77 | $0.14 | x |
| 2003-12-31 | $0.69 | $0.14 | x |
| 2004-12-31 | $0.60 | $0.14 | x |
| 2005-12-31 | $0.51 | $0.14 | x |
| 2006-12-31 | $0.41 | $0.14 | x |
| 2007-12-31 | $0.31 | $0.14 | x |
| 2008-12-31 | $0.22 | $0.14 | x |
| 2009-12-31 | $1.51 | $0.14 | x |
| 2010-12-31 | $0.04 | $0.14 | x |
| 2011-12-31 | $0.04 | $0.14 | x |
| 2012-12-31 | $0.04 | $0.14 | x |
| 2013-12-31 | $0.04 | $0.14 | x |
| 2014-12-31 | $0.04 | $0.14 | x |
| 2015-12-31 | $0.04 | $0.14 | x |
| 2016-12-31 | $0.04 | $0.14 | x |
| 2017-12-31 | $0.04 | $0.14 | x |
| 2018-12-31 | $0.03 | $0.14 | x |
| 2019-12-31 | $0.04 | $0.14 | x |
| 2020-12-31 | $0.00 | $0.14 | x |
| 2021-12-31 | $0.26 | $0.14 | x |
| 2022-12-31 | $0.27 | $0.14 | x |
| 2023-12-31 | $0.23 | $0.14 | x |
| 2024-12-31 | $0.17 | $0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BP Prudhoe Bay Royalty Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -31.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -484.32%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.15x
- Recent ROE (-31.51%) is below the historical average (5579.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 7.89% | 99.51% | 0.08x | 1.00x | $-10.87 Million |
| 1990 | 15.54% | 99.35% | 0.16x | 1.00x | $27.20 Million |
| 1991 | 18.54% | 99.54% | 0.19x | 1.00x | $39.88 Million |
| 1992 | 14.80% | 99.23% | 0.15x | 1.00x | $21.03 Million |
| 1993 | 12.58% | 99.03% | 0.13x | 1.00x | $10.49 Million |
| 1994 | 9.33% | 97.97% | 0.10x | 1.00x | $-2.28 Million |
| 1995 | 11.23% | 98.03% | 0.11x | 1.00x | $3.74 Million |
| 1996 | 15.44% | 98.23% | 0.16x | 1.00x | $14.62 Million |
| 1997 | 18.02% | 98.15% | 0.18x | 1.00x | $19.48 Million |
| 1998 | 58.25% | 96.06% | 0.60x | 1.00x | $12.07 Million |
| 1999 | 53.94% | 90.79% | 0.58x | 1.02x | $9.94 Million |
| 2000 | 309.09% | 98.25% | 3.08x | 1.02x | $61.82 Million |
| 2001 | 319.33% | 98.91% | 3.14x | 1.03x | $57.42 Million |
| 2002 | 195.55% | 97.58% | 1.93x | 1.04x | $30.61 Million |
| 2003 | 372.22% | 97.93% | 3.72x | 1.02x | $53.35 Million |
| 2004 | 634.40% | 98.83% | 6.33x | 1.01x | $80.43 Million |
| 2005 | 1396.82% | 99.31% | 13.84x | 1.02x | $150.83 Million |
| 2006 | 2077.06% | 99.47% | 20.44x | 1.02x | $183.00 Million |
| 2007 | 2665.53% | 99.09% | 25.21x | 1.07x | $175.05 Million |
| 2008 | 5266.64% | 99.29% | 50.12x | 1.06x | $250.06 Million |
| 2009 | 489.68% | 121.55% | 4.00x | 1.01x | $154.81 Million |
| 2010 | 21393.39% | 100.20% | 183.86x | 1.16x | $184.32 Million |
| 2011 | 22596.52% | 99.40% | 198.75x | 1.14x | $201.02 Million |
| 2012 | 24076.03% | 99.42% | 199.82x | 1.21x | $198.79 Million |
| 2013 | 22418.66% | 99.29% | 194.66x | 1.16x | $193.39 Million |
| 2014 | 27222.45% | 99.50% | 227.45x | 1.20x | $226.68 Million |
| 2015 | 16728.13% | 98.96% | 126.53x | 1.34x | $125.39 Million |
| 2016 | 5549.75% | 97.11% | 44.74x | 1.28x | $43.54 Million |
| 2017 | 9813.89% | 98.52% | 77.27x | 1.29x | $76.96 Million |
| 2018 | 16370.23% | 99.05% | 110.93x | 1.49x | $113.21 Million |
| 2019 | 5336.53% | 97.86% | 42.55x | 1.28x | $47.83 Million |
| 2020 | 13772.88% | 87.67% | 34.85x | 4.51x | $8.12 Million |
| 2021 | 138.54% | 82.95% | 1.57x | 1.06x | $7.25 Million |
| 2022 | 1397.75% | 98.30% | 13.56x | 1.05x | $80.31 Million |
| 2023 | 112.81% | 84.34% | 1.25x | 1.07x | $5.10 Million |
| 2024 | -31.51% | -484.32% | 0.06x | 1.15x | $-1.51 Million |
Industry Comparison
This section compares BP Prudhoe Bay Royalty Trust's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $861,819,208
- Average return on equity (ROE) among peers: 29.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BP Prudhoe Bay Royalty Trust (BPT) | $2.79 Million | 7.89% | 0.12x | $2.99 Million |
| Antero Midstream Partners LP (AM) | $532.52 Million | 0.00% | 0.09x | $10.22 Billion |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $12.00 Million |
| Brooge Holdings Ltd (BROG) | $105.09 Million | 25.91% | 3.51x | $284.93 Million |
| Cheniere Energy Partners LP (CQP) | $-545.02 Million | 0.00% | 0.00x | $30.47 Billion |
| Cheniere Energy Partners LP (CQP) | $715.00 Million | 164.34% | 26.11x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $1.03 Billion | 15.64% | 0.45x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $367.84 Million | 16.33% | 2.01x | $140.43 Million |
| DT Midstream Inc (DTM) | $4.77 Billion | 7.43% | 1.08x | $12.24 Billion |
| Excelerate Energy Inc (EE) | $771.16 Million | 5.03% | 1.93x | $1.10 Billion |
About BP Prudhoe Bay Royalty Trust
BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. It is involved in holding overriding royalty interest in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres. BP Prudhoe Bay Royalty Trust was incorporated in 1989 and is based in Houst… Read more