StockNews.com Upgrades VOC Energy Trust (NYSE:VOC) to “Buy”

VOC Energy Trust (NYSE:VOC) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

VOC Energy Trust Trading Up 2.8 %

Shares of NYSE VOC opened at $4.78 on Wednesday. The stock has a fifty day moving average price of $5.03 and a 200 day moving average price of $4.98. VOC Energy Trust has a 12-month low of $4.45 and a 12-month high of $7.71. The company has a market cap of $81.26 million, a P/E ratio of 6.13 and a beta of 0.87.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings data on Thursday, November 7th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $3.40 million during the quarter. VOC Energy Trust had a net margin of 90.84% and a return on equity of 102.62%.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. Sanctuary Advisors LLC acquired a new position in shares of VOC Energy Trust (NYSE:VOC) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 67,139 shares of the oil and gas producer’s stock, valued at approximately $323,000. Sanctuary Advisors LLC owned 0.39% of VOC Energy Trust as of its most recent SEC filing.

VOC Energy Trust Company Profile

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.