VOC Energy Trust (VOC) Issues Earnings Results
VOC Energy Trust (NYSE:VOC) released its quarterly earnings data on Thursday. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. VOC Energy Trust had a return on equity of 9.65% and a net margin of 90.57%. The business had revenue of $2.14 million for the quarter.
VOC Energy Trust (VOC) traded up $0.07 during midday trading on Friday, hitting $4.23. The stock had a trading volume of 33,100 shares, compared to its average volume of 51,903. The company has a market cap of $70.72, a P/E ratio of 8.67 and a beta of 0.72. VOC Energy Trust has a 52-week low of $2.75 and a 52-week high of $5.61.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Stockholders of record on Monday, October 30th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 8.98%. The ex-dividend date of this dividend is Friday, October 27th. VOC Energy Trust’s dividend payout ratio is currently 79.17%.
Separately, TheStreet raised VOC Energy Trust from a “c” rating to a “b-” rating in a research note on Monday, August 28th.
VOC Energy Trust Company Profile
VOC Energy Trust is a statutory trust formed by VOC Brazos Energy Partners, L.P. (VOC Brazos). The business and affairs of the Company are managed by The Bank of New York Mellon Trust Company, N.A., as trustee. The Company was created to acquire and hold the net profits interest for the benefit of its unitholders.
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