NYSE:VOC

Stock Analysis Report

Executive Summary

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.

Rewards


Snowflake Analysis

Share Price & News

How has VOC Energy Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VOC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.1%

VOC

-9.5%

US Oil and Gas

-7.4%

US Market


1 Year Return

-20.4%

VOC

-25.7%

US Oil and Gas

10.5%

US Market

Return vs Industry: VOC exceeded the US Oil and Gas industry which returned -22.3% over the past year.

Return vs Market: VOC underperformed the US Market which returned 14% over the past year.


Shareholder returns

VOCIndustryMarket
7 Day-5.1%-9.5%-7.4%
30 Day-14.2%-12.5%-3.6%
90 Day-9.0%-14.9%-0.6%
1 Year-10.3%-20.4%-22.8%-25.7%12.8%10.5%
3 Year60.4%10.9%-21.1%-28.6%37.4%28.6%
5 Year31.1%-24.5%-27.0%-37.9%61.3%43.6%

Price Volatility Vs. Market

How volatile is VOC Energy Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is VOC Energy Trust undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VOC ($4.1) is trading below our estimate of fair value ($9.78)

Significantly Below Fair Value: VOC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VOC is good value based on its PE Ratio (5.6x) compared to the Oil and Gas industry average (9.4x).

PE vs Market: VOC is good value based on its PE Ratio (5.6x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VOC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VOC is overvalued based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (0.8x).

Future Growth

How is VOC Energy Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.1%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VOC Energy Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has VOC Energy Trust performed over the past 5 years?

-21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VOC has high quality earnings.

Growing Profit Margin: VOC's current net profit margins (93.5%) are lower than last year (94.5%).


Past Earnings Growth Analysis

Earnings Trend: VOC's earnings have declined by -21.3% per year over the past 5 years.

Accelerating Growth: VOC's earnings growth over the past year (24.8%) exceeds its 5-year average (-21.3% per year).

Earnings vs Industry: VOC earnings growth over the past year (24.8%) exceeded the Oil and Gas industry -13.3%.


Return on Equity

High ROE: VOC's Return on Equity (19.2%) is considered low.

Financial Health

How is VOC Energy Trust's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if VOC's short term assets cover its short term liabilities.

Long Term Liabilities: VOC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VOC is debt free.

Reducing Debt: VOC has not had any debt for past 5 years.

Debt Coverage: VOC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VOC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: VOC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if VOC's debt is covered by short term assets.

Dividend

What is VOC Energy Trust's current dividend yield, its reliability and sustainability?

16.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VOC's dividend (16.1%) is higher than the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: VOC's dividend (16.1%) is in the top 25% of dividend payers in the US market (3.77%)


Stability and Growth of Payments

Stable Dividend: VOC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: VOC has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (95.2%), VOC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

VOC Energy Trust has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

VOC Energy Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VOC Energy Trust
  • Ticker: VOC
  • Exchange: NYSE
  • Founded: 2010
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$69.020m
  • Shares outstanding: 17.00m
  • Website: https://null

Location

  • VOC Energy Trust
  • 601 Travis Street
  • Floor 16
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VOCNYSE (New York Stock Exchange)YesTrust unitsUSUSDMay 2011

Biography

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 an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 491.1 net producing wells and 54,181.5 net acres; and had proved reserves of approximately 3.9 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 5.9 MMBoe attributable to the Texas underlying properties. VOC Energy Trust was founded in 2010 and is based in Houston, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:35
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.