VOC Energy Trust Announces Trust Quarterly Distribution
VOC Energy Trust (NYSE: VOC) has announced its quarterly distribution for the period ending March 31, 2025. Unitholders will receive $2,210,000 ($0.13 per unit) payable May 15, 2025, for holders of record as of April 30, 2025.
The trust reported sales volumes of 119,496 BOE, comprising 109,667 barrels of oil and 58,971 Mcf of natural gas. Average sales prices were $69.32 per barrel for oil and $3.57 per Mcf for natural gas, resulting in total gross proceeds of $7,812,508.
Total costs amounted to $4,706,321, including lease operating expenses ($3,687,150), production and property taxes ($205,576), and development expenses ($813,595). After applying the Trust's 80% Net Profits Interest, the total cash proceeds available were $2,484,950, with $274,950 reserved for estimated Trust expenses.
VOC Energy Trust (NYSE: VOC) ha annunciato la distribuzione trimestrale per il periodo terminato il 31 marzo 2025. I titolari di quote riceveranno 2.210.000 $ (0,13 $ per quota), pagabili il 15 maggio 2025, per i possessori registrati al 30 aprile 2025.
Il trust ha riportato volumi di vendita pari a 119.496 BOE, comprendenti 109.667 barili di petrolio e 58.971 Mcf di gas naturale. I prezzi medi di vendita sono stati di 69,32 $ per barile di petrolio e 3,57 $ per Mcf di gas naturale, generando un ricavo lordo totale di 7.812.508 $.
I costi totali sono ammontati a 4.706.321 $, inclusi spese operative di locazione (3.687.150 $), tasse sulla produzione e proprietà (205.576 $) e spese di sviluppo (813.595 $). Dopo l’applicazione dell’80% di interesse sui profitti netti del Trust, il totale dei proventi in contanti disponibili è stato di 2.484.950 $, con 274.950 $ riservati per le spese stimate del Trust.
VOC Energy Trust (NYSE: VOC) ha anunciado su distribución trimestral correspondiente al periodo finalizado el 31 de marzo de 2025. Los tenedores de unidades recibirán 2,210,000 $ (0.13 $ por unidad), pagaderos el 15 de mayo de 2025, para los registrados al 30 de abril de 2025.
El fideicomiso reportó volúmenes de ventas de 119,496 BOE, que incluyen 109,667 barriles de petróleo y 58,971 Mcf de gas natural. Los precios promedio de venta fueron 69.32 $ por barril de petróleo y 3.57 $ por Mcf de gas natural, resultando en ingresos brutos totales de 7,812,508 $.
Los costos totales ascendieron a 4,706,321 $, incluyendo gastos operativos de arrendamiento (3,687,150 $), impuestos a la producción y propiedad (205,576 $) y gastos de desarrollo (813,595 $). Tras aplicar el 80% de interés neto sobre las ganancias del fideicomiso, los ingresos netos disponibles en efectivo fueron 2,484,950 $, reservando 274,950 $ para gastos estimados del fideicomiso.
VOC Energy Trust (NYSE: VOC)는 2025년 3월 31일 종료된 분기 배당금을 발표했습니다. 유닛 보유자는 2025년 4월 30일 기준 등록된 보유자에게 1유닛당 0.13달러, 총 2,210,000달러를 2025년 5월 15일에 지급받게 됩니다.
트러스트는 119,496 BOE의 판매량을 보고했으며, 이는 109,667 배럴의 원유와 58,971 Mcf의 천연가스를 포함합니다. 평균 판매 가격은 원유 배럴당 69.32달러, 천연가스 Mcf당 3.57달러로 총 매출액은 7,812,508달러였습니다.
총 비용은 4,706,321달러로, 임대 운영비(3,687,150달러), 생산 및 재산세(205,576달러), 개발 비용(813,595달러)을 포함합니다. 트러스트의 80% 순이익 지분을 적용한 후, 사용 가능한 총 현금 수익은 2,484,950달러였으며, 274,950달러는 추정된 트러스트 비용으로 예약되었습니다.
VOC Energy Trust (NYSE: VOC) a annoncé sa distribution trimestrielle pour la période se terminant le 31 mars 2025. Les détenteurs d’unités recevront 2 210 000 $ (0,13 $ par unité), payable le 15 mai 2025, pour les titulaires enregistrés au 30 avril 2025.
Le trust a déclaré des volumes de ventes de 119 496 BOE, comprenant 109 667 barils de pétrole et 58 971 Mcf de gaz naturel. Les prix de vente moyens étaient de 69,32 $ par baril de pétrole et de 3,57 $ par Mcf de gaz naturel, générant un produit brut total de 7 812 508 $.
Les coûts totaux se sont élevés à 4 706 321 $, incluant les frais d’exploitation des baux (3 687 150 $), les taxes de production et foncières (205 576 $) et les dépenses de développement (813 595 $). Après application de l’intérêt net de 80 % du trust, les recettes nettes en espèces disponibles se sont élevées à 2 484 950 $, avec 274 950 $ réservés aux dépenses estimées du trust.
VOC Energy Trust (NYSE: VOC) hat seine Quartalsausschüttung für den Zeitraum bis zum 31. März 2025 bekannt gegeben. Anteilseigner erhalten 2.210.000 $ (0,13 $ pro Einheit), zahlbar am 15. Mai 2025, für Inhaber zum Stichtag 30. April 2025.
Der Trust meldete Verkaufsvolumen von 119.496 BOE, bestehend aus 109.667 Barrel Öl und 58.971 Mcf Erdgas. Die durchschnittlichen Verkaufspreise lagen bei 69,32 $ pro Barrel Öl und 3,57 $ pro Mcf Erdgas, was zu einem Bruttoumsatz von 7.812.508 $ führte.
Die Gesamtkosten beliefen sich auf 4.706.321 $, darunter Betriebskosten für Pachtverträge (3.687.150 $), Produktions- und Grundsteuern (205.576 $) sowie Entwicklungskosten (813.595 $). Nach Anwendung des 80%-Nettoertragsanteils des Trusts standen insgesamt 2.484.950 $ an verfügbaren Barmitteln zur Verfügung, wobei 274.950 $ für geschätzte Trust-Ausgaben zurückgestellt wurden.
- Maintained consistent quarterly distribution of $2.21 million to unitholders
- Strong oil production of 109,667 barrels in the quarter
- Healthy gross proceeds of $7.81 million from oil and gas sales
- High operating costs representing 60.2% of gross proceeds
- Low natural gas sales contribution of only $210,767
- Significant development expenses of $813,595 impacting net proceeds
Insights
VOC Energy Trust announced $0.13/unit distribution (18.6% annualized yield), with 60% operating margin from $7.8M quarterly revenue.
VOC Energy Trust has announced a quarterly distribution of
The distribution is derived from
Production volumes for the quarter included 109,667 barrels of oil and 58,971 Mcf of natural gas, with realized prices of
Notably, the trust reported no change in cash reserves for this quarter, indicating all available proceeds are being distributed to unitholders. The
This distribution represents
Unitholders of record on April 30, 2025 will receive a distribution amounting to
Volumes, average sales prices and net profits for the payment period were:
Sales volumes: |
|
|
||
Oil (Bbl) |
|
|
109,667 |
|
Natural gas (Mcf) |
|
|
58,971 |
|
Total (BOE) |
|
|
119,496 |
|
Average sales prices: |
|
|
||
Oil (per Bbl) |
|
$ |
69.32 |
|
Natural gas (per Mcf) |
|
$ |
3.57 |
|
Gross proceeds: |
|
|
||
Oil sales |
|
$ |
7,601,741 |
|
Natural gas sales |
|
|
210,767 |
|
Total gross proceeds |
|
$ |
7,812,508 |
|
Costs: |
|
|
||
Lease operating expenses |
|
$ |
3,687,150 |
|
Production and property taxes |
|
|
205,576 |
|
Development expenses |
|
|
813,595 |
|
Total costs |
|
$ |
4,706,321 |
|
Net proceeds |
|
$ |
3,106,187 |
|
Percentage applicable to Trust’s Net Profits Interest |
|
|
80 |
% |
Net profits interest |
|
$ |
2,484,950 |
|
Increase in cash reserve held by VOC Brazos Energy Partners, L.P. |
|
|
0 |
|
Total cash proceeds available for the Trust |
|
$ |
2,484,950 |
|
Provision for current estimated Trust expenses |
|
|
(274,950 |
) |
Net cash proceeds available for distribution |
|
$ |
2,210,000 |
|
This press release contains forward-looking statements. Although VOC Brazos has advised the Trust that VOC Brazos believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended March 31, 2025. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250417036572/en/
VOC Energy Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
(713) 483-6020
601 Travis Street, Floor 16,
Source: VOC Energy Trust
FAQ
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