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 reports recurring trust distributions tied to an 80% net profits interest in oil and natural gas properties associated with VOC Brazos Energy Partners in Kansas and Texas. News releases typically detail quarterly distribution amounts for units of beneficial interest, production volumes, average oil and natural gas sales prices, gross proceeds, lease operating expenses, production and property taxes, development expenses, trustee expense provisions and net cash available for distribution.
The trust also announces annual Form 10-K filings that include audited financial statements. Its updates are centered on cash received from underlying production rather than operating management, as the trust's affairs are administered by the trustee.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.