Pacific Coast Oil Trust (ROYT) Scheduled to Post Earnings on Thursday
Pacific Coast Oil Trust (NYSE:ROYT) is scheduled to announce its earnings results after the market closes on Thursday, October 20th.
Shares of Pacific Coast Oil Trust (NYSE:ROYT) opened at 1.86 on Wednesday. The stock’s 50 day moving average is $1.90 and its 200 day moving average is $1.86. The company has a market cap of $71.76 million, a P/E ratio of 14.42 and a beta of 1.84. Pacific Coast Oil Trust has a 12 month low of $0.68 and a 12 month high of $2.21.
Separately, Zacks Investment Research downgraded shares of Pacific Coast Oil Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, September 28th.
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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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