VOC
- VOC Energy Trust
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Overview
Company Summary
VOC Energy Trust (VOC) is a publicly traded entity formed to acquire and hold net overriding royalty interests (ORRIs) in oil and natural gas properties in the United States. It operates as a trust, designed to provide investors with a passive income stream generated from the production of oil and natural gas.
The trust acquires these ORRIs from VOC Brazos Energy Partners, L.P. and its affiliates, who are engaged in the exploration and production of oil and natural gas in the states of Kansas and Texas. These interests give VOC Energy Trust the right to receive a specified percentage of the proceeds from the sale of oil and natural gas produced from the underlying properties.
VOC Energy Trust does not engage in any operational activities itself; instead, it functions as a financial vehicle that generates income for its unitholders. Its primary goal is to distribute cash flows to its investors on a regular basis. These distributions depend on the quantity of oil and natural gas produced, as well as fluctuations in commodity prices.
To summarize, VOC Energy Trust acquires net overriding royalty interests in oil and natural gas properties and generates income for its investors by distributing a portion of the proceeds from the production and sale of these resources.