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 report issued to clients and investors on Monday.

VOC Energy Trust Stock Performance

VOC stock traded up $0.08 during mid-day trading on Monday, hitting $5.00. The company had a trading volume of 51,607 shares, compared to its average volume of 68,056. VOC Energy Trust has a 12 month low of $4.45 and a 12 month high of $8.03. The stock’s fifty day moving average price is $5.08 and its two-hundred day moving average price is $5.03. The firm has a market cap of $85 million, a PE ratio of 6.41 and a beta of 0.88.

VOC Energy Trust (NYSE:VOC) last issued its earnings results on Thursday, November 7th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter. The firm 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%.

Hedge Funds Weigh In On VOC Energy Trust

An institutional investor recently raised its position in VOC Energy Trust stock. 180 Wealth Advisors LLC boosted its position in VOC Energy Trust (NYSE:VOC) by 225.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 165,296 shares of the oil and gas producer’s stock after acquiring an additional 114,496 shares during the quarter. 180 Wealth Advisors LLC’s holdings in VOC Energy Trust were worth $868,000 as of its most recent filing with the Securities & Exchange Commission.

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.