dividend
confidence high
sentiment neutral
materiality 0.50
VOC Energy Trust announces $0.28/unit quarterly distribution for Q1 2022
VOC Energy Trust
- Distribution of $4,760,000 ($0.28/unit) payable May 13, 2022 to holders of record May 2, 2022.
- Oil sales volumes 124,939 Bbl at $78.89/Bbl; natural gas 80,423 Mcf at $6.44/Mcf.
- Gross proceeds $10.37M, net profits interest (80%) $5.18M after costs of $3.90M.
- Trustee withheld $182,917 for cash reserve (total $365,834 withheld) toward $1.175M target.