VOC Energy Trust (NYSE:VOC) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. cut its position in VOC Energy Trust (NYSE:VOC) by 16.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,844 shares of the oil and gas producer’s stock after selling 7,040 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in VOC Energy Trust were worth $265,000 at the end of the most recent quarter.

Separately, PNC Financial Services Group Inc. acquired a new stake in VOC Energy Trust in the 3rd quarter valued at approximately $46,000.

VOC Energy Trust Price Performance

Shares of VOC Energy Trust stock opened at $5.77 on Thursday. VOC Energy Trust has a 1-year low of $5.57 and a 1-year high of $10.65. The company has a market capitalization of $98.09 million, a P/E ratio of 6.41 and a beta of 1.08. The business’s fifty day moving average price is $6.13 and its two-hundred day moving average price is $7.05.

VOC Energy Trust (NYSE:VOC) last posted its quarterly earnings data on Wednesday, March 20th. The oil and gas producer reported $0.23 earnings per share for the quarter. The business had revenue of $4.12 million during the quarter. VOC Energy Trust had a net margin of 92.44% and a return on equity of 108.69%.

VOC Energy Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 12.48%. The ex-dividend date is Monday, April 29th. VOC Energy Trust’s dividend payout ratio (DPR) is presently 80.00%.

VOC Energy Trust 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.