earnings
confidence high
sentiment neutral
materiality 0.55
VOC Energy Trust declares $0.16/unit Q2 distribution, payable Aug 13
VOC Energy Trust
- Distribution of $2.72M ($0.16/unit) for quarter ended June 30, 2021; record date July 30.
- Oil sales volume 128,814 bbl at avg $59.62/bbl; natural gas 78,734 Mcf at $3.29/Mcf.
- Gross proceeds $7.94M; costs $4.38M; net proceeds $3.55M; Trust's 80% NPI = $2.84M.
- Total cash proceeds available for distribution after expenses: $2.72M.