BP PRUDHOE BAY ROYALTY TRUST: Nasdaq/NYSE listing notice — BPT Trust reports no Q2 2025 distribution; NYSE delisting effective June 30

BP PRUDHOE BAY ROYALTY TRUST

No cash distribution for quarter ended June 30, 2025; royalty payment was $0 due to negative per barrel royalty.
Average WTI price $63.95 vs. average adjusted chargeable costs $99.63, yielding negative $37.83 per barrel royalty.
NYSE suspended trading of BPT units on June 30, 2025, and initiated delisting proceedings for non-compliance with Rule 802.01C.
Units began trading July 1 on OTC Pink under symbol BPPTU; liquidity and price expected to be significantly reduced.
Trust terminated on December 31, 2024; trustee is winding up affairs, no timeline for completion.

item 2.02 item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

BP PRUDHOE BAY ROYALTY TRUST received a nyse delisting notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: delisting notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

June 30, 2025, the NYSE announced the suspension of trading of the Units due to non-compliance with Rule 802.01C of the NYSE Listed Company Manual, effective as of the close of trading on June 30, 2025, and announced that it was initiating proceedings to delist the Units. As a result of the NYSE suspension of trading, the Units began trading on July 1, 2025, under the symbol “BPPTU” on the Pink Limited Market (“OTC Pink”), which is operated by OTC Markets Group, Inc. To be quoted on OTC Pink, a market maker must sponsor the security and comply with SEC Rule 15c2-11 before it can initiate a quo

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Source: SEC EDGAR

accession 0001193125-25-154122

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