VOC Energy Trust (NYSE: VOC) sets $4.76M Q2 distribution on oil and gas output
Rhea-AI Filing Summary
VOC Energy Trust announced a quarterly distribution of $4,760,000, or $0.28 per unit, for the payment period ended June 30, 2026. Unitholders of record on July 30, 2026 will receive the distribution, payable on August 14, 2026.
For the period, production totaled 107,234 Bbl of oil and 64,022 Mcf of natural gas, or 117,904 BOE, at average prices of $94.81 per Bbl of oil and $4.44 per Mcf of gas. This generated total gross proceeds of $10,451,443 against total costs of $4,333,496, resulting in net proceeds of $6,117,947. Applying the 80% net profits interest produced $4,894,357 of cash available before an estimated $134,357 provision for Trust expenses, leaving the $4,760,000 cash available for distribution.
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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 per unit: $0.28 per unit
Total distribution: $4,760,000
Record date: July 30, 2026
+5 more
8 metrics
Distribution per unit
$0.28 per unit
Quarterly distribution for payment period ended June 30, 2026
Total distribution
$4,760,000
Net cash proceeds available for distribution to unitholders
Record date
July 30, 2026
Unitholders of record on this date receive the distribution
Payment date
August 14, 2026
Scheduled date the distribution will be paid
Total gross proceeds
$10,451,443
Combined oil and natural gas sales for the payment period
Net proceeds
$6,117,947
Gross proceeds less lease operating, taxes, and development costs
Net profits interest percentage
80%
Percentage of net proceeds applicable to the Trust’s net profits interest
Oil sales volume
107,234 Bbl
Oil production for the payment period ended June 30, 2026
Key Terms
Net profits interest, Lease operating expenses, Production and property taxes, Cash reserve, +1 more
5 terms
Net profits interest financial
"Percentage applicable to Trust’s Net Profits Interest ... 80 %"
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 $ 3,291,240"
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.
Production and property taxes financial
"Production and property taxes 525,488"
Production taxes are government levies on the extraction, manufacture or sale of goods—often applied to natural resources or industrial output—while property taxes are ongoing charges on land, buildings or other owned assets. Both act like recurring business ‘tolls’ and reduce a company’s cash flow and profit margin, so investors watch them to gauge operating costs, future earnings and the value of assets that underlie share prices.
Cash reserve financial
"Increase in cash reserve held by VOC Brazos Energy Partners, L.P. 0"
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.
Record date financial
"Unitholders of record on July 30, 2026 will receive a distribution"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What quarterly distribution did VOC Energy Trust (VOC) declare for the period ended June 30, 2026?
VOC Energy Trust declared a quarterly distribution of $4,760,000, equal to $0.28 per unit. The payment relates to net cash proceeds from the quarter ended June 30, 2026 and will be paid to unitholders of record on the stated record date.
What are the record date and payment date for VOC (VOC) unitholders receiving this distribution?
Unitholders of record on July 30, 2026 will receive the distribution, which is payable on August 14, 2026. Entitlement is based on holding units on the record date, with cash paid out on the specified payment date.
How much did VOC Energy Trust (VOC) produce and what prices did it realize in the quarter?
For the payment period, VOC reported 107,234 Bbl of oil and 64,022 Mcf of natural gas, totaling 117,904 BOE. Average realized prices were $94.81 per Bbl of oil and $4.44 per Mcf of natural gas.
What gross proceeds and costs did VOC Energy Trust (VOC) report for this distribution period?
Total gross proceeds were $10,451,443, including oil sales of $10,166,938 and natural gas sales of $284,505. Total costs were $4,333,496, covering lease operating expenses, production and property taxes, and development expenses for the period.
How were net proceeds and net cash available for distribution to VOC (VOC) unitholders calculated?
Net proceeds were $6,117,947. Applying the 80% net profits interest yielded $4,894,357 for the Trust. After a $134,357 provision for estimated Trust expenses, net cash proceeds available for distribution totaled $4,760,000.
Did VOC Energy Trust (VOC) change its cash reserve during this payment period?
The schedule shows an Increase in cash reserve held by VOC Brazos Energy Partners, L.P. of 0. As a result, total cash proceeds available to the Trust and the amount used in calculating the distribution were the same $4,894,357 figure.