Pacific Coast Oil Trust declares no monthly cash distribution for March 2026 net profits interest period
PACIFIC COAST OIL TR ROYTL | 0.00 |
- No dividend was distributed to unitholders of record May 27, 2026, based on March 2026 net profits interest calculations.
- Operating income was about $1.05 million on about $3 million revenue; developed-properties net profits deficit narrowed to about $11.7 million.
- Trust received about $80,000 from the 7.5% overriding royalty interest; expenses exceeded this amount, creating a shortfall of about $73,000.
- Trust owed Pacific Coast Energy about $13.7 million, limiting the prospect of distributions in the foreseeable future.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Coast Oil Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-068279), on May 29, 2026, and is solely responsible for the information contained therein.
