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To: generally

Interesting stuff...
I saw this earlier and thought it almost sounded submission like...

https://www.reuters.com/article/us-bp-divestiture/bp-to-quit-alaska-after-60-years-with-5-6-billion-sale-to-hilcorp-idUSKCN1VH21N


979 posted on 08/27/2019 9:31:07 PM PDT by AzNASCARfan
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To: AzNASCARfan

Hmm - personal impact as I own stock in the BP Prudhoe Bay Royalty Trust (BPT).

It was a pure dividend play, but there has been a lot of talk that the recovery is starting to dry up and the dividends will end...leading to a big drop in price, so I took a beating this year on it.

Wondering if this will tank the rest of what I own or get me part of what I lost back.

I’ll see what tomorrow brings...today it dropped, but it was prior to the article time and flattened after 1:30PM.


984 posted on 08/27/2019 9:56:03 PM PDT by reed13k (For evil to triumph it is only necessary that good men do nothing)
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To: AzNASCARfan

BP Prudhoe Bay Royalty Trust (BPT) paid out HUGE dividends, for years.


1,162 posted on 08/28/2019 1:30:18 PM PDT by Chuckster (Probably not...)
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To: Bigg Red

Mark


1,205 posted on 08/28/2019 4:04:40 PM PDT by Bigg Red (WWG1WGA)
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