MV Oil Trust (MVO) Shares Down 0.7%
MV Oil Trust (NYSE:MVO)’s share price was down 0.7% on Friday . The company traded as low as $6.00 and last traded at $6.10, with a volume of 113,297 shares traded. The stock had previously closed at $6.14.
The firm has a 50-day moving average price of $5.85 and a 200-day moving average price of $5.08. The company has a market cap of $69.81 million and a P/E ratio of 7.93.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 25th. Shareholders of record on Friday, July 15th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, July 13th. This represents a $0.12 dividend on an annualized basis and a yield of 1.98%.
MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. MV Partners, LLC (MV Partners) is a limited liability company engaged in the exploration, development, production, gathering and aggregation and sale of oil and natural gas, primarily in the Mid-Continent region in the United States.
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