Wells Fargo Downgrades Pacific Coast Oil Trust (ROYT) to Market Perform
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Pacific Coast Oil Trust (ROYT) Declined Tied to Ballot Initiative - Bloomberg
July 23, 2014 1:02 PM EDTPacific Coast Oil Trust (NYSE: ROYT) declined Wednesday, falling as much as 10%. The fall may be be tied to potential risk from a Santa Barbara county voter ballot initiative, which would ban cyclic steam injection, according to Bloomberg, citing Stifel analyst Brian Brungardt.
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