MV Oil Trust (NYSE:MVO) Announces Earnings Results
MV Oil Trust (NYSE:MVO) posted its quarterly earnings data on Wednesday. The oil and gas producer reported $0.25 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $3.08 million for the quarter.
MV Oil Trust (MVO) traded up 1.43% on Friday, reaching $4.98. 8,349 shares of the company’s stock were exchanged. The firm has a market cap of $57.27 million, a PE ratio of 7.78 and a beta of 0.27. The firm has a 50 day moving average price of $5.58 and a 200 day moving average price of $6.22. MV Oil Trust has a one year low of $4.86 and a one year high of $7.35.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Shareholders of record on Friday, July 14th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 18.07%. The ex-dividend date of this dividend was Wednesday, July 12th. MV Oil Trust’s dividend payout ratio (DPR) is 214.29%.
COPYRIGHT VIOLATION NOTICE: This piece was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/08/11/mv-oil-trust-nysemvo-announces-earnings-results.html.
MV Oil Trust Company Profile
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. Its 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.
Receive News & Ratings for MV Oil Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MV Oil Trust and related companies with MarketBeat.com's FREE daily email newsletter.