earnings
confidence high
sentiment neutral
materiality 0.40
VOC Energy Trust declares Q1 distribution of $0.23/unit; oil avg $74.16/Bbl
VOC Energy Trust
- Distribution of $3,910,000 ($0.23/unit) payable May 12, 2023 to holders of record May 1, 2023.
- Total gross proceeds $9,357,015 from 120,771 Bbl oil at $74.16/Bbl and 74,644 Mcf gas at $5.37/Mcf.
- Net proceeds $5,277,552; Trust's 80% net profits interest yields $4,222,042 before expenses.
- Lease operating expenses of $3,637,884 and development costs $162,095 deducted from gross proceeds.