VOC Energy Trust (VOC) Upgraded at TheStreet

VOC Energy Trust (NYSE:VOC) was upgraded by equities researchers at TheStreet from a “c+” rating to a “b-” rating in a research note issued on Tuesday.

VOC stock opened at $5.35 on Tuesday. The stock has a market capitalization of $88.23 million, a P/E ratio of 10.38 and a beta of 1.01. VOC Energy Trust has a fifty-two week low of $3.15 and a fifty-two week high of $6.66.

An institutional investor recently bought a new position in VOC Energy Trust stock. Caption Management LLC acquired a new position in VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 57,971 shares of the oil and gas producer’s stock, valued at approximately $343,000. Caption Management LLC owned 0.34% of VOC Energy Trust as of its most recent SEC filing. 14.49% of the stock is owned by institutional investors and hedge funds.

VOC Energy Trust Company Profile

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has a 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 492.5 net producing wells and 55,736.9 net acres; and had proved reserves of approximately 3.4 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 4.6 MMBoe attributable to the Texas underlying properties.

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