VOC · NYSE · Oil & Gas Exploration & Production

VOC Energy Trust (VOC)

Pass-through trust for Kansas and Texas oil-and-gas net proceeds.

$3.40
Pre-market+0.02 (+0.59%)
At close$3.38(−0.59%)
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VOC Energy TrustVOCEnergy

Provides unitholders with a share of net proceeds from Kansas and Texas oil-and-gas properties, after property-level costs and Trust expenses. Its sole asset is a finite-life net-profits interest; private sponsor and operators control development, while the Trust cannot acquire replacement properties.

Receives 80 percent of net proceeds from a fixed pool of oil and natural-gas properties in Kansas and Texas. Oil and gas sales flow first to VOC Brazos, then property-level royalties, taxes, operating costs, development and workover spending, and other permitted deductions are removed before the Trust receives its share. The Trustee subtracts Trust expenses and reserves, then distributes substantially all remaining cash to unitholders.

Operates as a passive, finite-life vehicle rather than as an operator or owner of an expandable asset base. VOC Brazos calculates the net-profits interest and controls development, while Vess Oil operates or contract-operates substantially all underlying properties. Commodity prices, production volumes, deductible costs, and private sponsor and operator decisions govern receipts. The Trust Agreement prohibits acquiring replacement properties or interests.

Company facts

ListedMay 10, 2011
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
CIK0001505413
ISINUS91829B1035

Market cap$57.6M
EPS (ttm)$0.4050
P/E (ttm)8.37
ROE68.9%
P/B6.35
P/S7.66
Dividend yieldDiv yield16.96%
Beta−0.38vs XLE 0.78

No analyst consensus on record.

EPSReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Reported$0.18$0.18$0.09$0.13$0.11$0.11$0.09$0.10
Estimate
Surprise

RevenueReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Reported$9.3M$3.2M$1.9M$2.5M$2.2M$2.1M$1.6M$1.7M
Estimate
Surprise
Estimate
Reported$0.10
Estimate
Reported$1.7M
View details

Debt to equity0.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.4M$3.2M$1.9M$2.5M$2.2M$2.1M$1.6M$1.7M
Net income$3.1M$3.1M$1.4M$2.2M$1.9M$1.9M$1.5M$1.6M
Net margin90.0%94.4%76.1%88.9%86.7%90.0%96.5%95.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$3.1M$3.1M$1.4M$2.2M$1.9M$1.9M$1.5M$1.6M
YoY growth−20.0%−55.3%−27.8%−38.9%−38.9%+5.9%−26.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.5M · Total debt $0 · Total assets $9.1M · Shareholders' equity $9.1M

Revenue
$1.7M
Operating income
$1.6M
Net income
$1.6M
View details

Next ex-date
Oct 30, 2026
estimated · in 57 days
Annual dividend
$0.58
per share
Dividend yield
16.96%
Schedule
Quarterly
4 payments a year

Last raised to $0.28 from $0.095 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jul 30, 2026Jul 30Aug 14$0.28raised from $0.095
Apr 30, 2026Apr 30May 15$0.095raised from $0.09
Jan 30, 2026Jan 30Feb 13$0.09cut from $0.11
Oct 30, 2025Oct 30Nov 14$0.11
Jul 30, 2025Jul 30Aug 14$0.11cut from $0.13
Apr 30, 2025Apr 30May 15$0.13raised from $0.085
Jan 30, 2025Jan 30Feb 13$0.085cut from $0.18
Oct 30, 2024Oct 30Nov 14$0.18
View details

Institutions27 holders · as of Mar 31, 20266.64%1.13M shares
Insiders1 holder · as of Feb 8, 201910.92%1.86M shares
Otherremainder82.44%14.01M shares

17.00M company shares as of Aug 24, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Page 2 of 9 PagesInsider
10.92%1.86M13Gfiled Feb 8, 2019
180 Wealth Advisors, LLCInstitution
1.78%302,98213Fas of Mar 31, 2026
Marshall Wace, LLPInstitution
1.46%248,41413Fas of Mar 31, 2026
Citadel Advisors LLCInstitution
0.87%147,23013Fas of Mar 31, 2026
Mcgowan Group Asset Management, Inc.Institution
0.64%109,53013Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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