MV Oil Trust Units Stock News

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the quarterly payment period ended September 30, 2024. Unitholders of record on October 15, 2024 will receive a distribution amounting to $3,795,000 or $0.330 per unit payable October 25, 2024. Volumes, average price and net profits for the payment period were:   Volume (BOE)   149,086   Avera...

MV Oil Trust, a term trust focused on crude oil, will terminate on June 30, 2026, with no further distributions post-termination. Despite stable earnings and high yield, MVO's declining unit price and impending termination suggest selling now to avoid potential losses. MVO's price has dropped 32% since its last 4 ex-dividend dates, starting 10/13/23) making it less attractive despite its high t...

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the quarterly payment period ended June 30, 2024. Unitholders of record on July 15, 2024 will receive a distribution amounting to $4,715,000 or $0.410 per unit payable July 25, 2024. Volumes, average price and net profits for the payment period were: Volume (BOE)   151,140   Average price (per...