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

VOC Energy Trust (NYSE:VOC) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Monday.

VOC Energy Trust Trading Down 1.6 %

VOC stock opened at $4.92 on Monday. The company’s 50 day moving average is $5.08 and its 200 day moving average is $5.02. VOC Energy Trust has a 1-year low of $4.45 and a 1-year high of $8.03. The stock has a market cap of $83.64 million, a price-to-earnings ratio of 6.31 and a beta of 0.87.

VOC Energy Trust (NYSE:VOC) last posted its earnings results on Thursday, November 7th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%. The firm had revenue of $3.40 million for 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 bought a new stake in shares of VOC Energy Trust (NYSE:VOC) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 at the end of the most recent reporting period.

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.