VOC Energy Trust (NYSE:VOC - Get Free Report) released its earnings results on Thursday. The oil and gas producer reported $0.18 EPS for the quarter, Zacks reports. The company had revenue of $3.24 million during the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%.
VOC Energy Trust Price Performance
Shares of VOC stock traded up $0.01 during trading hours on Monday, reaching $3.27. The company had a trading volume of 26,169 shares, compared to its average volume of 65,854. VOC Energy Trust has a 1-year low of $2.85 and a 1-year high of $7.10. The firm has a market cap of $55.59 million, a price-to-earnings ratio of 4.19 and a beta of 0.82. The company has a 50 day moving average of $3.77 and a 200 day moving average of $4.54.
VOC Energy Trust Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, January 30th were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 10.40%. The ex-dividend date of this dividend was Thursday, January 30th. VOC Energy Trust's dividend payout ratio is presently 46.58%.
Wall Street Analyst Weigh In
Separately, StockNews.com cut VOC Energy Trust from a "buy" rating to a "hold" rating in a report on Thursday, December 26th.
Check Out Our Latest Analysis on VOC Energy Trust
About VOC Energy Trust
(
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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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