MV Oil Trust Price, Forecast, Insider, Ratings, Fundamentals & Signals

Houston--(business wire)--mv oil trust (nyse: mvo) announced the trust distribution of net profits for the quarterly payment period ended march 31, 2024. unitholders of record on april 15, 2024 will receive a distribution amounting to $3,795,000 or $0.330 per unit payable april 25, 2024. volumes, average price and net profits for the payment period were: volume (boe)     146,612   average price (per boe)   $ 69.82   gross proceeds   $ 10,236,574   costs   $ 5,212,372   net profits   $ 5,024,202.

Houston--(business wire)--mv oil trust (the “trust”) (nyse: mvo) on march 20, 2024 filed its annual report on form 10-k for the year ended december 31, 2023 with the u.s. securities and exchange commission (the “sec”). the annual report on form 10-k is available in the “sec filings” section of the trust's website at http://mvo.q4web.com/home/default.aspx as well as on the sec's website at www.sec.gov. trust unitholders may also request a printed copy of the annual report on form 10-k, which inc.

Houston--(business wire)--mv oil trust (nyse: mvo) announced the trust distribution of net profits for the quarterly payment period ended december 31, 2023. unitholders of record on january 16, 2024 will receive a distribution amounting to $5,347,500 or $0.465 per unit payable january 25, 2024. volumes, average price and net profits for the payment period were:   volume (boe)   154,435   average price (per boe)   $ 79.53   gross proceeds   $ 12,282,669   costs   $ 5,333,850   net profits   $ 6,.

Houston--(business wire)--mv oil trust (nyse: mvo) announced the trust distribution of net profits for the quarterly payment period ended september 30, 2023. unitholders of record on october 16, 2023 will receive a distribution amounting to $4,370,000 or $0.380 per unit payable october 25, 2023. volumes, average price and net profits for the payment period were: volume (boe) 153,249   average price (per boe) $ 71.42   gross proceeds $ 10,945,311   costs $ 5,253,310   net profits $ 5,692,001   p.

Houston--(business wire)--mv oil trust (nyse: mvo) announced the trust distribution of net profits for the third quarterly payment period ended september 30, 2021. unitholders of record on october 15, 2021 will receive a distribution amounting to $4,197,500 or $0.365 per unit payable october 25, 2021. volumes, average price and net profits for the payment period were: volume (boe) 165,777 average price (per boe) $ 65.70 gross proceeds $ 10,891,023 costs $ 5,323,701 net profits $ 5,567,322 percentage applicable to trust’s 80% net profits interest $ 4,453,858 mv partners reserve for capital expenditures $ -- total cash proceeds available for the trust $ 4,453,858 provision for estimated trust expenses $ (256,358 ) net cash proceeds available for distribution $ 4,197,500 this press release contains forward-looking statements...

MV Oil Trust is a near pure play on crude oil, with 99% of its income coming from crude. The trust's net profit interests have been on the rise in the past two quarters, reaching the highest level since Q4 '22. MVO's trailing dividend yield is 13.28%, and it has no debt.

MV Oil Trust is a royalty trust that earns income from crude oil production, with 99% of its income coming from crude. The trust has seen a decline in net profit interests and distributable income in Q1-3 2023 compared to 2022. MVO has a trailing dividend yield of 11.77% and has outperformed the market in 2022 but has trailed in 2023.

MV Oil Trust offers a high dividend yield of 17.5% on a TTM basis but is likely a dividend trap due to its net profits interest agreement expiring in 2026. Investors may receive between $5.00 and $6.00 cumulative dividends per share before the trust's termination, but the residual value of the properties is unlikely to be significant. MVO stock should be avoided, and existing shareholders may want to consider exiting their positions.

MVO yields 14.29%. It pays variable quarterly distributions.

MVO is an energy trust and pure play on crude oil prices. Its performance over the past 10 years has significantly lagged the S&P.

MV Oil Trust's second quarter distribution was a record-breaking $0.70 per unit. Going forward, this would give the company a whopping 26% yield.

With the hydrocarbon industry suddenly becoming relevant, here are the oil stocks to consider based on their dividends. The post Rating 9 Oil Stocks With the Highest Dividends appeared first on InvestorPlace.

October 24-December 3, 2021 readers mentioned 52 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.).

Macro fundamentals in the oil & gas industry have pushed dividend yields from 10.7% to 17.36%.

HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended September 30, 2021. Unitholders of record on October 15, 2021 will receive a distribution amounting to $4,197,500 or $0.365 per unit payable October 25, 2021. Volumes, average price and net profits for the payment period were: Volume (BOE)                             165,777   Average price (per BOE)                             $ 65.70   Gross proceeds