VOC Energy Trust (NYSE:VOC) Lowered to “Hold” Rating by StockNews.com

VOC Energy Trust (NYSE:VOC) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

VOC Energy Trust Price Performance

Shares of NYSE:VOC opened at $4.74 on Thursday. VOC Energy Trust has a 1 year low of $4.45 and a 1 year high of $7.71. The stock’s fifty day moving average price is $4.99 and its 200-day moving average price is $4.97. The company has a market cap of $80.58 million, a P/E ratio of 6.08 and a beta of 0.87.

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

Hedge Funds Weigh In On VOC Energy Trust

An institutional investor recently bought a new position in VOC Energy Trust stock. Sanctuary Advisors LLC acquired a new stake in shares of VOC Energy Trust (NYSE:VOC) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 67,139 shares of the oil and gas producer’s stock, valued at approximately $323,000. Sanctuary Advisors LLC owned 0.39% of VOC Energy Trust at the end of the most recent reporting period.

VOC Energy Trust Company Profile

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.