VOC Energy Trust (NYSE:VOC) Raised to Hold at Wall Street Zen

VOC Energy Trust (NYSE:VOC) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a research note issued on Friday.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of VOC Energy Trust in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

VOC Energy Trust Stock Performance

VOC opened at $2.98 on Friday. VOC Energy Trust has a fifty-two week low of $2.44 and a fifty-two week high of $4.35. The firm’s fifty day moving average is $2.87 and its 200 day moving average is $2.89. The stock has a market cap of $50.66 million, a price-to-earnings ratio of 5.84 and a beta of 0.33.

VOC Energy Trust (NYSE:VOC) last released its quarterly earnings results on Monday, November 10th. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $2.16 million for the quarter. VOC Energy Trust had a net margin of 87.74% and a return on equity of 75.96%.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. 180 Wealth Advisors LLC increased its holdings in shares of VOC Energy Trust (NYSE:VOC) by 12.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 310,742 shares of the oil and gas producer’s stock after purchasing an additional 34,013 shares during the quarter. 180 Wealth Advisors LLC owned approximately 1.83% of VOC Energy Trust worth $910,000 at the end of the most recent quarter.

VOC Energy Trust Company Profile

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.