Pacific Coast Oil Trust announces no cash distribution to holders of its units for August 29, 2025, due to net profits calculation for June 2025.
Likelihood of future distributions to unitholders is extremely remote based on financial information.
Trust to be dissolved and wound-up as cash proceeds were below $2.0 million for 2020 and 2021.
No Cash Distribution
No cash distribution to unit holders for August 29, 2025, based on net profits calculation for June 2025.
Future Distributions Unlikely
Future distributions to unitholders are unlikely due to insufficient funds and outstanding debt.
Trust Dissolution
Trust to be dissolved and wound-up as cash proceeds were below $2.0 million for 2020 and 2021.
- The Trust faces challenges in covering administrative expenses and debt due to insufficient monthly payments.
- The Trust's future operations and distributions to unitholders are uncertain.
The Trust's financial outlook remains uncertain, with ongoing legal issues and challenges in meeting financial obligations. Unitholders should monitor further developments closely.