Pacific Coast Oil Trust (ROYT) Given Coverage Optimism Score of 0.39
Media headlines about Pacific Coast Oil Trust (NYSE:ROYT) have been trending positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news 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 0.39 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 46.750992127411 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
ROYT remained flat at $$2.39 on Friday. 145,223 shares of the company were exchanged, compared to its average volume of 195,682. Pacific Coast Oil Trust has a one year low of $1.36 and a one year high of $2.75. The company has a market cap of $92.21 million, a price-to-earnings ratio of 29.88 and a beta of 2.31.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 23rd. Investors of record on Thursday, August 9th will be issued a dividend of $0.039 per share. The ex-dividend date of this dividend is Wednesday, August 8th. This represents a $0.47 dividend on an annualized basis and a yield of 19.58%.
Pacific Coast Oil Trust acquires and holds net profits and royalty interests in various oil and natural gas properties located in California. Its properties include Orcutt properties located in the Santa Maria Basin; and West Pico, East Coyote, and Sawtelle properties located in the Los Angeles Basin of California.
Featured Article: Growth Stocks
Receive News & Ratings for Pacific Coast Oil Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Coast Oil Trust and related companies with MarketBeat.com's FREE daily email newsletter.