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Pacific Coast Oil Trust to make no cash distribution for June 2026 period

PUBT·08/31/2026 20:16:32
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Pacific Coast Oil Trust to make no cash distribution for June 2026 period
  • No cash distribution to unitholders of record on Aug. 31, 2026, based on June 2026 net profits.
  • Administrative expenses of about $192,000 exceeded the roughly $67,000 payment received, widening a monthly cash shortfall to about $245,000.
  • Trust owed Pacific Coast Energy about $14.2 million at month-end, limiting any near-term return of cash to unitholders.
  • Trust warned the likelihood of distributions in the foreseeable future is extremely remote amid asset retirement obligation deductions.


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: 0001104659-26-103886), on August 31, 2026, and is solely responsible for the information contained therein.