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VOC Energy Trust Message Board

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  • rogerwenman rogerwenman Oct 31, 2012 4:40 PM Flag

    Valuation

    And Whiting Trust (WHZ) closed at $18.79 today - about the same as Friday's close. So I guess your point is that WHZ is selling at a primium, while VOC is way oversold.

    What effect will the storm have on price of oil? Rescue and repair trucks are driving all the way from Calif, and 18 wheelers will be hauling building materials, appliances and restocking items for months. Demand drives up price, right?

    Sentiment: Buy

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    • I don't know how that balances against the demand suppression from several million people who can't drive their cars for a few days, and 16,000 cancelled airline flights. The economic impact from even large disasters is pretty small 2 months down the road. As far as WHZ selling at a premium, it is paying 18% distros right now, largely because of that faster production, so one could argue it merits that premium in the near-term. And I am not sure VOC is oversold. If it has more production issues, and its production costs rise to match WHZ's, it may turn out to be a mediocre investment. The more I learn, the more I find out I don't know. GLTA

    • Statistical analysis (which is duly noted) above, it appears the stock is falling because of the ambiguous and open-ended anouncement about the abandoned well. It was the opposite of guidance. "may affect future payouts"...paraphrasing, of course, but that says absolutely nothing except dividends are going down year over year perhaps farther out than that. As someone noted above, however, 19 years is a long time.

      Sentiment: Hold

 
VOC
11.29+0.19(+1.71%)Oct 21 4:05 PMEDT

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