Pacific Coast Oil Trust announced no cash distribution for holders of beneficial interest for November 26, 2025, due to net profits calculations
Future distributions to unitholders unlikely due to insufficient funds for administrative expenses and debt
Trust may be dissolved as cash proceeds were below $2.0 million in 2020 and 2021
No Cash Distribution
No distribution made based on September 2025 net profits calculation.
Unlikeliness of Future Distributions
Insufficient funds for expenses and debt, reducing chances of future distributions.
Possible Dissolution
Trust may dissolve due to low cash proceeds in recent years.
- Current month's distribution calculation showed an operating loss of $0.2 million
- Average realized price for Developed Properties decreased from $57.08 to $56.53 per Boe
- Cumulative net profits deficit increased from $10.9 million to $11.5 million
The challenging financial situation and ongoing legal issues create uncertainty for Pacific Coast Oil Trust and its unitholders.