Pacific Coast Oil Trust is a statutory trust formed among Pacific Coast Energy Company LP (PCEC), as trustor, The Bank of New York Mellon Trust Company, N.A., as trustee, and Wilmington Trust, National Association, as Delaware trustee. Co. acquires and holds net profits and royalty interests in certain oil and natural gas properties located in California. PCEC conveyed to Co. the net profits interests and a royalty interest, which are collectively referred to herein as the Conveyed Interests in certain oil and natural gas properties located onshore in California (the Underlying Properties). The Conveyed Interests represent undivided interests in the Underlying Properties. We show 24 historical shares outstanding datapoints in our coverage of ROYT's shares outstanding history.
Understanding the changing numbers of ROYT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ROYT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ROYT by allowing them to research ROYT shares outstanding history
as well as any other stock in our coverage universe. |
Free ROYT Email Alerts:
Video: Shares Outstanding Importance
