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0.218487394957983 0.218487394957983 0.218487394957983 0.218487394957983 0.100840336134454 0.100840336134454 0.100840336134454 0.100840336134454
Stock impact report

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution and Provides Estimated Timing for Cash Distribution

PACIFIC COAST OIL TRUST (ROYT) 
Last pacific coast oil trust earnings: 7/31 04:52 pm Check Earnings Report
US:NYSE Investor Relations: pacificcoastoiltrust.com
Company Research Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)-- PACIFIC COAST OIL TRUST (NYSE: ROYT) (the “Trust”), a perpetual royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on February 15, 2017. The Trust’s distribution calculation relates to net profits and overriding royalties generated during December 2016 as provided in the conveyance of net profits and overriding royalty interest. The current month’s calculation for the Developed Properties resulted in $501,000 of revenues less direct operating expenses and development costs. The current month’s revenues were $3.7 million, lease operating expenses including property taxes were $2.9 million, and capital expenditures were $364,000. Average realized prices for the Developed Properties were $47.33 per Boe in December, as compared to $40.27 per Boe Show less Read more
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