VOC Energy Trust (NYSE:VOC) Stock Rating Upgraded by StockNews.com

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 on Wednesday.

VOC Energy Trust Price Performance

VOC Energy Trust stock traded down $0.05 during midday trading on Wednesday, reaching $4.65. The company’s stock had a trading volume of 102,595 shares, compared to its average volume of 68,239. The stock has a market capitalization of $79.05 million, a P/E ratio of 5.96 and a beta of 0.87. The stock’s 50-day simple moving average is $5.04 and its 200-day simple moving average is $4.98. VOC Energy Trust has a 52-week low of $4.45 and a 52-week high of $7.71.

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

Institutional Investors Weigh In On VOC Energy Trust

An institutional investor recently bought a new position in VOC Energy Trust stock. Sanctuary Advisors LLC purchased a new position in shares of VOC Energy Trust (NYSE:VOC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 67,139 shares of the oil and gas producer’s stock, valued at approximately $323,000. Sanctuary Advisors LLC owned approximately 0.39% of VOC Energy Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

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.