VOC Energy Trust (NYSE:VOC) Downgraded to Hold Rating by StockNews.com

Posted by Logan Wallace on Dec 11th, 2024

StockNews.com downgraded shares of VOC Energy Trust (NYSE:VOC – Free Report) from a buy rating to a hold rating in a research note published on Tuesday.

VOC Energy Trust Trading Down 0.4 %

NYSE:VOC opened at $4.96 on Tuesday. VOC Energy Trust has a 12-month low of $4.45 and a 12-month high of $7.90. The stock’s 50 day simple moving average is $5.08 and its 200-day simple moving average is $4.99. The firm has a market cap of $84.32 million, a P/E ratio of 6.36 and a beta of 0.87.

VOC Energy Trust (NYSE:VOC – Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The oil and gas producer reported $0.18 EPS for the quarter. The company had revenue of $3.40 million during the quarter. VOC Energy Trust had a net margin of 90.84% and a return on equity of 102.62%.

VOC Energy Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Wednesday, October 30th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 14.52%. The ex-dividend date of this dividend was Wednesday, October 30th. VOC Energy Trust’s payout ratio is 92.31%.

Institutional Trading of VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. 180 Wealth Advisors LLC raised its holdings in VOC Energy Trust (NYSE:VOC – Free Report) by 225.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 165,296 shares of the oil and gas producer’s stock after acquiring an additional 114,496 shares during the quarter. 180 Wealth Advisors LLC’s holdings in VOC Energy Trust were worth $868,000 as of its most recent filing with the SEC.

About VOC Energy Trust

(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.