VOC Energy Trust (NYSE: VOC) declares $0.095 per unit cash distribution
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
VOC Energy Trust announced a quarterly distribution of $1,615,000, or $0.095 per unit, for the payment period ended March 31, 2026. Unitholders of record on April 30, 2026 will be paid on May 15, 2026.
For the period, underlying properties produced 112,973 BOE, mainly oil at 103,524 barrels and natural gas at 56,696 Mcf. Average realized prices were $57.95 per barrel of oil and $3.73 per Mcf of natural gas, generating total gross proceeds of $6,210,768.
Total costs, including lease operating expenses, production and property taxes, and development expenses, were $4,084,899, leaving net proceeds of $2,125,869. Applying the Trust’s 80% net profits interest resulted in $1,700,695 of cash proceeds to the Trust before an $85,695 provision for expenses, leading to the announced distribution.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Distribution amount: $1,615,000
Distribution per unit: $0.095 per unit
Total production: 112,973 BOE
+5 more
8 metrics
Distribution amount
$1,615,000
Quarterly distribution for period ended March 31, 2026
Distribution per unit
$0.095 per unit
Payable May 15, 2026 to holders of record April 30, 2026
Total production
112,973 BOE
Sales volumes for payment period ended March 31, 2026
Average oil price
$57.95 per Bbl
Average realized oil sales price for the payment period
Average gas price
$3.73 per Mcf
Average realized natural gas price for the payment period
Total gross proceeds
$6,210,768
Oil and natural gas sales for the payment period
Total costs
$4,084,899
Lease operating, taxes and development expenses
Net cash for distribution
$1,615,000
After 80% net profits interest and Trust expenses
Key Terms
net profits interest, lease operating expenses, cash reserve, forward-looking statements, +1 more
5 terms
net profits interest financial
"Percentage applicable to Trust’s Net Profits Interest ... Net profits interest"
A net profits interest (NPI) is a contractual right to receive a fixed percentage of a project’s or asset’s profits after allowable costs are paid, rather than a share of gross revenue or ownership. For investors, it matters because it gives upside tied to actual profitability while shielding the holder from direct operating expenses and capital calls, similar to getting a portion of the leftover profits from a business after the bills are settled.
lease operating expenses financial
"Costs: Lease operating expenses ... Total costs"
Costs required to keep a leased property or asset running, including routine maintenance, repairs, utilities, insurance, property taxes and management fees that the lessee or lessor must pay while the lease is active. Investors care because these recurring outlays reduce net income and cash flow from the lease—like owning a rental where you still pay for upkeep—so they affect profitability, yield and the true return on an investment tied to leased assets.
cash reserve financial
"Increase in cash reserve held by VOC Brazos Energy Partners, L.P."
Cash reserve is the amount of readily available cash a company keeps on hand to pay bills, handle unexpected costs, or seize quick opportunities—like an emergency fund for a household. For investors, a healthy cash reserve signals that a business can weather downturns, fund short-term needs without borrowing, and maintain flexibility for investments or dividends; too much idle cash, however, may suggest missed growth opportunities.
forward-looking statements regulatory
"This press release contains forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Organization of Petroleum Exporting Countries market
"actions by the members of the Organization of Petroleum Exporting Countries"
A coalition of oil-producing countries that jointly sets production targets and policy to influence global crude supply and price. Think of it like several neighbors agreeing how much water to use so the shared well stays balanced; their decisions can raise or lower energy costs worldwide, affecting profits of energy companies, inflation, and the value of related investments.
FAQ
What quarterly distribution did VOC (VOC Energy Trust) declare for March 31, 2026?
VOC Energy Trust declared a quarterly distribution of $1,615,000, equal to $0.095 per unit, for the payment period ended March 31, 2026. Unitholders of record on April 30, 2026 will receive payment on May 15, 2026.
When will VOC Energy Trust (VOC) unitholders receive the latest distribution?
Unitholders of VOC Energy Trust will receive the latest distribution on May 15, 2026. The distribution is payable to unitholders of record as of April 30, 2026 and totals $0.095 per unit, or $1,615,000 in aggregate.
What production volumes supported VOC (VOC Energy Trust)’s March 31, 2026 distribution?
The distribution is supported by total production of 112,973 BOE, including 103,524 barrels of oil and 56,696 Mcf of natural gas. These volumes generated gross proceeds that, after costs and expenses, funded the Trust’s net profits-based cash distribution.
What prices did VOC Energy Trust (VOC) realize for oil and gas this quarter?
For the quarter ended March 31, 2026, VOC Energy Trust realized an average oil price of $57.95 per barrel and an average natural gas price of $3.73 per Mcf. These realized prices, applied to reported volumes, produced total gross proceeds of $6,210,768.
How were net proceeds to VOC Energy Trust (VOC) calculated for this distribution?
Gross proceeds of $6,210,768 were reduced by total costs of $4,084,899, leaving net proceeds of $2,125,869. Applying the Trust’s 80% net profits interest yielded $1,700,695, then $85,695 was reserved for expenses, resulting in $1,615,000 distributable.
What are the key costs affecting VOC Energy Trust (VOC)’s latest distribution?
Key costs include $3,190,384 of lease operating expenses, $357,191 of production and property taxes, and $537,324 of development expenses. Together they total $4,084,899, significantly reducing gross proceeds before calculating the Trust’s net profits interest.