MV Oil Trust (MVO) Trading Down 0.7%
MV Oil Trust (NYSE:MVO) traded down 0.7% during trading on Friday . The company traded as low as $6.00 and last traded at $6.10, with a volume of 113,297 shares. The stock had previously closed at $6.14.
The stock’s 50 day moving average price is $5.85 and its 200 day moving average price is $5.08. The firm has a market cap of $69.81 million and a price-to-earnings ratio of 7.93.
The business also recently announced a quarterly dividend, which will be paid on Monday, July 25th. Investors of record on Friday, July 15th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.98%. The ex-dividend date is Wednesday, July 13th.
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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