News headlines about Pacific Coast Oil Trust (NYSE:ROYT) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Pacific Coast Oil Trust earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 46.0602114831936 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several research firms recently commented on ROYT. Zacks Investment Research upgraded shares of Pacific Coast Oil Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Stifel Nicolaus downgraded shares of Pacific Coast Oil Trust from a “buy” rating to a “hold” rating and reduced their price target for the company from $2.00 to $1.50 in a research report on Thursday, July 13th.
Pacific Coast Oil Trust (ROYT) traded down 0.67% during mid-day trading on Wednesday, reaching $1.49. 43,476 shares of the company traded hands. The firm’s 50-day moving average is $1.57 and its 200 day moving average is $1.70. The stock has a market capitalization of $57.49 million, a PE ratio of 34.65 and a beta of 2.08. Pacific Coast Oil Trust has a 52-week low of $0.87 and a 52-week high of $2.23.
The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 19th. Shareholders of record on Monday, October 9th were issued a $0.0012 dividend. This represents a $0.01 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend was Thursday, October 5th. Pacific Coast Oil Trust’s dividend payout ratio is presently 25.01%.
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.