Welcome to our dedicated page for Voc Energy Tr news (Ticker: VOC), a resource for investors and traders seeking the latest updates and insights on Voc Energy Tr stock.
VOC Energy Trust (NYSE: VOC) is a statutory trust that holds a term net profits interest in oil and natural gas properties associated with crude petroleum and natural gas extraction. The Trust’s news flow is centered on its periodic announcements of quarterly distributions and related production and financial details.
On this news page, readers can review VOC Energy Trust’s recurring press releases that describe the Trust’s quarterly distribution of net profits for each payment period. These announcements typically specify the distribution amount per unit, the total cash distributed to unitholders, and the record and payment dates for each distribution.
The Trust’s news releases also provide detailed operating data for each period, including sales volumes of oil (in barrels) and natural gas (in Mcf), total production on a barrel of oil equivalent basis, and average sales prices for oil and natural gas. They present gross proceeds from oil and natural gas sales, followed by key cost categories such as lease operating expenses, production and property taxes, and development expenses, which are used to calculate net proceeds and the portion attributable to the Trust’s net profits interest.
In addition to distribution announcements, VOC Energy Trust issues news regarding the filing of its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission. These items inform unitholders that the annual report, including audited financial statements, is available through the SEC and other channels.
Investors and followers of VOC Energy Trust can use this news page to monitor the Trust’s ongoing distribution history, production trends from the underlying properties in Kansas and Texas, and updates on its regulatory reporting activity.
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VOC Energy Trust (NYSE: VOC) announced a net profit distribution of $3,910,000 or $0.23 per unit for the quarter ending March 31, 2023. Unitholders of record on May 1, 2023 will receive this payment on May 12, 2023. Key performance metrics include total oil sales of $8,955,923 from 120,771 barrels and natural gas sales totaling $401,092 from 74,644 Mcf. Average selling prices were $74.16 per barrel for oil and $5.37 per Mcf for natural gas. Net cash proceeds after estimated expenses amount to $3,910,000, with trust net profits interest calculated at $4,222,042. Forward-looking statements in the release highlight risks related to actual drilling results and market factors.
VOC Energy Trust (NYSE: VOC) filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, with the SEC on March 16, 2023. The report is accessible on the Trust’s website and the SEC's official site. Unitholders can request a printed copy of the report, which includes audited financial statements, at no charge. For further inquiries, they can contact Elaina C. Rodgers at The Bank of New York Mellon Trust Company, N.A. in Houston, TX.
VOC Energy Trust (NYSE: VOC) announced a net profit distribution of $3,910,000 or $0.23 per unit for the period ending December 31, 2022, payable on February 14, 2023 to unitholders of record as of January 30, 2023. The distribution results from a total gross proceeds of $11,195,578 after deducting costs of $5,784,638. Oil sales reached $10,556,507 for 127,600 barrels, while natural gas sales totaled $639,071 for 83,501 Mcf. The trust also established a cash reserve of $1.175 million to cover future expenses.
VOC Energy Trust (NYSE: VOC) announced a net profit distribution of $6,205,000 or $0.365 per unit for the quarter ending September 30, 2022. Unitholders of record on October 31, 2022, will receive this amount on November 14, 2022. The Trust reported oil sales of 131,660 Bbl and natural gas sales of 76,472 Mcf, with total gross proceeds of $13,826,766. Total expenses amounted to $5,324,929, resulting in net proceeds of $8,501,837. The Trustee is building a reserve for future expenses, withholding $356,470 this quarter.
VOC Energy Trust announced a second quarterly net profits distribution of $6,460,000 or $0.38 per unit for the period ending June 30, 2022. Unitholders of record on August 1, 2022 will receive payment on August 12, 2022. The distribution is based on cash flow from operations, with oil sales reaching $13,709,782 at an average price of $104.64 per barrel and natural gas sales totaling $493,468 at $6.65 per Mcf. A cash reserve is being established to cover future expenses.
VOC Energy Trust (NYSE: VOC) announced a first-quarter distribution of net profits for the period ending March 31, 2022. Unitholders of record on May 2, 2022, will receive a total distribution of $4,760,000, equating to $0.28 per unit, payable on May 13, 2022. The Trust reported sales volumes of 124,939 barrels of oil and 80,423 Mcf of natural gas, resulting in total gross proceeds of $10,374,559. After costs of $3,895,583, net proceeds available for distribution amount to $4,760,000. A reserve for future expenses is being established, with $182,917 withheld this quarter.