dividend
confidence high
sentiment neutral
materiality 0.35
VOC Energy Trust declares $0.13/unit distribution for Q1 2025
VOC Energy Trust
- Total distribution of $2,210,000; payable May 15, 2025 to record holders April 30, 2025.
- Sales volumes: 109,667 Bbl oil, 58,971 Mcf gas (119,496 BOE) in the period.
- Average oil price $69.32/bbl, natural gas $3.57/Mcf; net proceeds $3,106,187.
- Net profits interest (80%) yielded $2,484,950; trust expenses $274,950 deducted.
- No change in cash reserve; same distribution rate as implied by prior quarterly amount.