Media coverage about Pacific Coast Oil Trust (NYSE:ROYT) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pacific Coast Oil Trust earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the oil and gas producer an impact score of 47.0093510966013 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Pacific Coast Oil Trust (NYSE ROYT) opened at $2.50 on Friday. Pacific Coast Oil Trust has a 52 week low of $1.11 and a 52 week high of $2.52. The company has a market cap of $96.07, a price-to-earnings ratio of 31.25 and a beta of 2.17.
Pacific Coast Oil Trust (NYSE:ROYT) last issued its earnings results on Monday, October 30th. The oil and gas producer reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.03). Pacific Coast Oil Trust had a net margin of 6.02% and a return on equity of 1.44%. equities research analysts forecast that Pacific Coast Oil Trust will post 0.19 earnings per share for the current year.
The business also recently declared a monthly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd were given a dividend of $0.028 per share. This is an increase from Pacific Coast Oil Trust’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Friday, December 29th. This represents a $0.34 annualized dividend and a yield of 13.44%. Pacific Coast Oil Trust’s dividend payout ratio is 412.50%.
Several equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Pacific Coast Oil Trust from a “hold” rating to a “sell” rating in a research note on Wednesday. Stifel Nicolaus restated a “hold” rating and issued a $1.50 target price on shares of Pacific Coast Oil Trust in a research note on Sunday, October 1st.
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Pacific Coast Oil Trust Company Profile
Pacific Coast Oil Trust is a statutory trust formed by Pacific Coast Energy Company LP (PCEC). The Trust is engaged in acquiring and holding net profits and royalty interests in certain oil and natural gas properties located in California for the benefit of the Trust unitholders. The Underlying Properties consist of producing and non-producing interests in oil units, wells and lands located onshore in California in the Santa Maria Basin, which contains PCEC’s Orcutt properties, and the Los Angeles Basin, which contains PCEC’s West Pico, East Coyote and Sawtelle properties.
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