MV Oil Trust (NYSE:MVO) is expected to pay $0.16 on Oct 25, 2016. The indicated annual dividend is $0.64. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on MV Oil Trust’s current price of $6.35, the dividend is 2.52%. This dividend’s record date is Oct 14, 2016 and the announcement date is Oct 4, 2016. The stock increased 1.28% or $0.08 on October 10, hitting $6.35. MV Oil Trust (NYSE:MVO) has risen 22.07% since March 8, 2016 and is uptrending. It has outperformed by 12.76% the S&P500.
MV Oil Trust is a statutory trust. The company has a market cap of $71.77 million. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. It has a 11.76 P/E ratio. The Company’s underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.
Insitutional Activity: The institutional sentiment decreased to 0.47 in Q2 2016. Its down 0.64, from 1.11 in 2016Q1. The ratio worsened, as 6 funds sold all MV Oil Trust shares owned while 9 reduced positions. 3 funds bought stakes while 4 increased positions. They now own 981,958 shares or 4.89% more from 936,151 shares in 2016Q1.
Da Davidson And Com reported 2,200 shares or 0% of all its holdings. Morgan Stanley accumulated 0% or 5,800 shares. The Indiana-based Kessler Gp Limited has invested 0% in MV Oil Trust (NYSE:MVO). Wells Fargo & Mn last reported 1,301 shares in the company. Css Il has 227,172 shares for 0.1% of their US portfolio. Tru Of Vermont owns 800 shares or 0% of their US portfolio. Retail Bank Of Montreal Can reported 22,000 shares or 0% of all its holdings. California Public Employees Retirement Systems holds 0% of its portfolio in MV Oil Trust (NYSE:MVO) for 54,000 shares. Rr Ltd Company, a Texas-based fund reported 259,000 shares. Creative Planning has 0% invested in the company for 850 shares. Jpmorgan Chase & last reported 5,100 shares in the company. Royal State Bank Of Canada, a Ontario – Canada-based fund reported 2,110 shares. Susquehanna Intll Gru Llp last reported 0% of its portfolio in the stock. Amg Natl Natl Bank holds 39,264 shares or 0.02% of its portfolio. Moreover, Winch Advisory Ser Ltd Liability Company has 0% invested in MV Oil Trust (NYSE:MVO) for 339 shares.
More notable recent MV Oil Trust (NYSE:MVO) news were published by: Seekingalpha.com which released: “MV Oil Trust – A Pure Oil Play” on January 21, 2016, also Forbes.com with their article: “Why MV Oil Trust Is a Top 10 Energy Dividend Stock (MVO)” published on April 12, 2013, Seekingalpha.com published: “MV Oil Trust: A Forecast Of Future Distributions” on December 30, 2013. More interesting news about MV Oil Trust (NYSE:MVO) were released by: Seekingalpha.com and their article: “MV Oil Trust Distribution To Plummet, Could Be Wiped Out By Q2 – Check Out …” published on April 01, 2015 as well as Seekingalpha.com‘s news article titled: “MV Oil Trust And VOC Energy Trust: A Tale Of Two Trusts” with publication date: October 23, 2014.
MVO Company Profile
MV Oil Trust (the Trust), incorporated on August 3, 2006, is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. The Company’s underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado. These gas and oil properties include approximately 1,000 producing gas and oil wells.
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