VOC Energy Trust (VOC) Earns Coverage Optimism Rating of 0.31

News stories about VOC Energy Trust (NYSE:VOC) have been trending positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. VOC Energy Trust earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 46.5463871759387 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

VOC Energy Trust traded up $0.09, reaching $5.49, during mid-day trading on Thursday, MarketBeat Ratings reports. 41,800 shares of the company traded hands, compared to its average volume of 63,873. The firm has a market capitalization of $96.90 million, a PE ratio of 11.40 and a beta of 1.10. VOC Energy Trust has a 52-week low of $3.15 and a 52-week high of $6.66.

VOC Energy Trust (NYSE:VOC) last posted its earnings results on Thursday, May 10th. The oil and gas producer reported $0.11 earnings per share for the quarter. The business had revenue of $2.03 million during the quarter. VOC Energy Trust had a return on equity of 11.34% and a net margin of 91.86%.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 14th. Shareholders of record on Monday, July 30th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 14.57%. The ex-dividend date is Friday, July 27th. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.18.

Separately, TheStreet raised VOC Energy Trust from a “c+” rating to a “b-” rating in a report on Tuesday, May 29th.

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 a 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 492.5 net producing wells and 55,736.9 net acres; and had proved reserves of approximately 3.4 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 4.6 MMBoe attributable to the Texas underlying properties.

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