VOC Energy Trust (NYSE:VOC) Raised to “Hold” at Wall Street Zen

VOC Energy Trust (NYSE:VOC) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Friday.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of VOC Energy Trust in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, VOC Energy Trust has a consensus rating of “Sell”.

VOC Energy Trust Stock Down 1.0%

Shares of VOC Energy Trust stock opened at $2.98 on Friday. VOC Energy Trust has a 12-month low of $2.44 and a 12-month high of $4.35. The stock has a market cap of $50.66 million, a P/E ratio of 5.84 and a beta of 0.33. The business’s 50 day moving average is $2.87 and its 200-day moving average is $2.89.

VOC Energy Trust (NYSE:VOC) last released its earnings results on Monday, November 10th. The oil and gas producer reported $0.11 earnings per share for the quarter. The business had revenue of $2.16 million during the quarter. VOC Energy Trust had a net margin of 87.74% and a return on equity of 75.96%.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. 180 Wealth Advisors LLC lifted its stake in shares of VOC Energy Trust (NYSE:VOC) by 12.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 310,742 shares of the oil and gas producer’s stock after buying an additional 34,013 shares during the quarter. 180 Wealth Advisors LLC owned about 1.83% of VOC Energy Trust worth $910,000 as of its most recent SEC filing.

About VOC Energy Trust

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.