Sanctuary Advisors LLC Purchases 20,001 Shares of VOC Energy Trust (NYSE:VOC)

Sanctuary Advisors LLC raised its position in shares of VOC Energy Trust (NYSE:VOC) by 29.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,140 shares of the oil and gas producer’s stock after acquiring an additional 20,001 shares during the quarter. Sanctuary Advisors LLC owned about 0.51% of VOC Energy Trust worth $436,000 as of its most recent SEC filing.

VOC Energy Trust Stock Performance

Shares of NYSE VOC opened at $4.74 on Friday. The firm has a market capitalization of $80.58 million, a P/E ratio of 6.08 and a beta of 0.87. The firm’s 50-day moving average price is $4.98 and its 200-day moving average price is $4.97. VOC Energy Trust has a 1-year low of $4.45 and a 1-year high of $7.71.

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

VOC Energy Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Wednesday, October 30th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 15.19%. The ex-dividend date was Wednesday, October 30th. VOC Energy Trust’s dividend payout ratio is currently 92.31%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of VOC Energy Trust from a “buy” rating to a “hold” rating in a research note on Thursday.

About VOC Energy Trust

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.