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Stock impact report

MV Oil Trust Announces Trust First Quarter Distribution

MV Oil Trust Units of Beneficial Interests (MVO) 
US:NYSE Investor Relations: mvo.investorhq.businesswire.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the first quarterly payment period ended March 31, 2020.Unitholders of record on April 15, 2020 will receive a distribution amounting to $2,357,500 or $0.205 per unit payable April 24, 2020.Volumes, average price and net profits for the payment period were:Volume (BOE) 182,282 Average price (per BOE) $51.36 Gross proceeds $9,362,522 Costs $5,335,028 Net profits $4,027,494 Percentage applicable to Trust’s 80%   Net profits interest $3,221,996  Show less Read more
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