News stories about Pacific Coast Oil Trust (NYSE:ROYT) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pacific Coast Oil Trust earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the oil and gas producer an impact score of 46.2908769367598 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Pacific Coast Oil Trust (NYSE ROYT) traded down $0.01 during midday trading on Tuesday, reaching $2.08. 65,111 shares of the company traded hands, compared to its average volume of 269,236. The company has a market capitalization of $78.32, a price-to-earnings ratio of 25.88 and a beta of 2.30. Pacific Coast Oil Trust has a 12 month low of $1.36 and a 12 month high of $2.75.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 20th. Investors of record on Monday, February 5th will be given a dividend of $0.0164 per share. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $0.20 annualized dividend and a yield of 9.43%. Pacific Coast Oil Trust’s dividend payout ratio (DPR) is 250.03%.
Separately, Zacks Investment Research lowered shares of Pacific Coast Oil Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 23rd.
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About Pacific Coast Oil Trust
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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