dividend
confidence high
sentiment neutral
materiality 0.35
VOC Energy Trust declares quarterly distribution of $0.20/unit for Q3 2021
VOC Energy Trust
- Distribution of $3,400,000 ($0.20 per unit) payable November 12, 2021 to holders of record November 1, 2021.
- Q3 2021 net proceeds of $4,462,687; Trust's 80% net profits interest yielded $3,570,150 before expenses.
- Oil sales volumes 141,750 Bbl at avg price $67.27/Bbl; natural gas 88,288 Mcf at $3.85/Mcf.
- Total gross proceeds $9,875,427; lease operating expenses $3,081,564; total costs $5,412,740.
- Trust expenses provision of $170,150 reduced cash available to $3,400,000 for distribution.