VOC Energy Trust (VOC) Surges on Heavy Volume Following Dividend News

Go back to VOC Energy Trust (VOC) Surges on Heavy Volume Following Dividend News

VOC Energy Trust Announces Trust Quarterly Distribution

April 20, 2017 4:15 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- VOC Energy Trust (NYSE: VOC) announced the Trust distribution of net profits for the first quarterly payment period ended March 31, 2017.

Unitholders of record on May 1, 2017 will receive a distribution amounting to $3,570,000 or $0.21 per unit, payable May 12, 2017.

Volumes, average sales prices and net profits for the payment period were:

Sales volumes:     Oil (Bbl) 138,781 Natural gas (Mcf) 87,968 Total (BOE) 153,442 Average sales prices: Oil (per Bbl) $ 48.75 Natural gas (per Mcf) $ 2.89 Gross proceeds: Oil sales $ 6,765,748... More