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

VOC Energy Trust (NYSE:VOC - Get Free Report) announced its earnings results on Thursday. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $3.24 million for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%.

VOC Energy Trust Trading Up 0.3 %

VOC stock traded up $0.01 during mid-day trading on Monday, reaching $3.27. The company's stock had a trading volume of 26,169 shares, compared to its average volume of 65,854. The stock has a market cap of $55.59 million, a PE ratio of 4.19 and a beta of 0.82. The company's 50 day moving average is $3.77 and its two-hundred day moving average is $4.54. VOC Energy Trust has a fifty-two week low of $2.85 and a fifty-two week high of $7.10.

VOC Energy Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Thursday, January 30th were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $0.34 annualized dividend and a yield of 10.40%. VOC Energy Trust's dividend payout ratio is presently 46.58%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of VOC Energy Trust from a "buy" rating to a "hold" rating in a 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.