Sanctuary Advisors LLC Raises Position in VOC Energy Trust (NYSE:VOC)

Posted by ABMN Staff on Dec 27th, 2024

Sanctuary Advisors LLC lifted its stake in shares of VOC Energy Trust (NYSE:VOC – Free Report) by 29.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 87,140 shares of the oil and gas producer’s stock after buying an additional 20,001 shares during the period. Sanctuary Advisors LLC’s holdings in VOC Energy Trust were worth $436,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, StockNews.com cut VOC Energy Trust from a “buy” rating to a “hold” rating in a research note on Thursday.

Get Our Latest Analysis on VOC

VOC Energy Trust Price Performance

VOC opened at $4.74 on Friday. VOC Energy Trust has a fifty-two week low of $4.45 and a fifty-two week high of $7.71. The firm has a market capitalization of $80.58 million, a P/E ratio of 6.08 and a beta of 0.87. The company’s 50-day moving average is $4.98 and its 200 day moving average is $4.97.

VOC Energy Trust (NYSE:VOC – Get Free Report) last posted its earnings results on Thursday, November 7th. The oil and gas producer reported $0.18 EPS for the quarter. The firm had revenue of $3.40 million for 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 disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Wednesday, October 30th were given a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.72 annualized dividend and a yield of 15.19%. VOC Energy Trust’s dividend payout ratio is currently 92.31%.

About VOC Energy Trust

(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.