VOC Engery Trust | 8-K: FY2026 Q1 Revenue: USD 6.211 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 6.211 M.
Distribution Details
VOC Energy Trust announced a distribution of net profits for the quarterly payment period ended March 31, 2026, amounting to $1,615,000 or $0.095 per unit, payable on May 15, 2026, to unitholders of record on April 30, 2026.
Sales Volumes
- Oil sales volume was 103,524 Bbl.
- Natural gas sales volume was 56,696 Mcf.
- Total sales volume was 112,973 BOE.
Average Sales Prices
- The average sales price for oil was $57.95 per Bbl.
- The average sales price for natural gas was $3.73 per Mcf.
Gross Proceeds
- Gross proceeds from oil sales totaled $5,999,343.
- Gross proceeds from natural gas sales totaled $211,425.
- Total gross proceeds were $6,210,768.
Costs
- Lease operating expenses amounted to $3,190,384.
- Production and property taxes were $357,191.
- Development expenses were $537,324.
- Total costs were $4,084,899.
Net Proceeds
- Net proceeds were $2,125,869.
- The percentage applicable to the Trust’s Net Profits Interest was 80%.
- The net profits interest amounted to $1,700,695.
Cash Available for Distribution
- There was $0 increase in the cash reserve held by VOC Brazos Energy Partners, L.P.
- Total cash proceeds available for the Trust were $1,700,695.
- A provision for current estimated Trust expenses was -$85,695.
- Net cash proceeds available for distribution were $1,615,000.
Outlook
The press release contains forward-looking statements, and no assurances can be given that expectations will prove correct, as the distributable amount is based on cash received or expected to be received by the Trustee. Actual cash receipts could affect this amount, and other factors like drilling operations, commodity prices, and actions by OPEC could cause statements to differ materially. The Trust does not intend to update any statements in the press release.
