Pacific Coast Oil Trust sets zero August distribution as June net profits swing to loss

• No cash distribution to unitholders of record Aug. 31, 2026, reflecting June operating results and a growing net profits deficit.
• Developed Properties posted an operating loss of about $73,000; revenue about $2.2 million, lease operating expenses about $2.2 million, development costs 361,000.
• Average realized price fell to $66.80 per Boe from $87.66; cumulative net profits deficit widened to about $11.4 million from $10.7 million.
• Remaining Properties generated about $67,000 from the 7.5% overriding royalty interest; average realized price slipped to $66.17 per Boe from $76.60.
• Monthly shortfall about $245,000; Trust owed PCEC about $14.2 million, limiting prospects for distributions.

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 Business Wire (Ref. ID: 20260831848448) on August 31, 2026, and is solely responsible for the information contained therein.