VOC Energy Trust (NYSE:VOC) Posts Quarterly Earnings Results

VOC Energy Trust (NYSE:VOC) announced its quarterly earnings data on Thursday. The oil and gas producer reported $0.18 EPS for the quarter, Zacks reports. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%.

VOC Energy Trust Trading Down 0.5 %

Shares of NYSE:VOC traded down $0.02 during mid-day trading on Thursday, reaching $3.32. The stock had a trading volume of 27,307 shares, compared to its average volume of 66,492. The company has a market cap of $56.36 million, a P/E ratio of 4.25 and a beta of 0.82. VOC Energy Trust has a 1 year low of $2.85 and a 1 year high of $7.10. The business’s 50 day moving average price is $3.83 and its 200 day moving average price is $4.56.

VOC Energy Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Thursday, January 30th were given a $0.085 dividend. The ex-dividend date was Thursday, January 30th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 10.26%. VOC Energy Trust’s dividend payout ratio is currently 43.59%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Thursday, December 26th.

About VOC Energy Trust

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.