VOC Energy Trust (NYSE:VOC) Issues Earnings Results

by · The Cerbat Gem

VOC Energy Trust (NYSE:VOC – Get Free Report) issued its quarterly earnings results on Monday. The oil and gas producer reported $0.11 earnings per share for the quarter, Zacks reports. VOC Energy Trust had a net margin of 88.65% and a return on equity of 83.54%.

VOC Energy Trust Stock Down 1.7%

Shares of VOC traded down $0.05 during trading hours on Monday, hitting $2.83. 40,174 shares of the company were exchanged, compared to its average volume of 78,863. The company has a market cap of $48.11 million, a price-to-earnings ratio of 4.88 and a beta of 0.39. VOC Energy Trust has a fifty-two week low of $2.44 and a fifty-two week high of $5.29. The firm’s fifty day moving average is $2.91 and its 200 day moving average is $2.92.

VOC Energy Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Thursday, October 30th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Thursday, October 30th. This represents a $0.44 annualized dividend and a yield of 15.5%. VOC Energy Trust’s payout ratio is currently 75.86%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of VOC Energy Trust in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, VOC Energy Trust presently has an average rating of “Sell”.

View Our Latest Stock Report on VOC

VOC Energy Trust Company Profile

(Get Free Report)

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.

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