earnings
confidence high
sentiment neutral
materiality 0.55
MV Oil Trust Q3 distribution $0.685/unit on net profits of $10.3M; avg price $97.16/BOE
MV Oil Trust
- Distribution of $0.685 per unit payable Oct 25, 2022 to holders of record Oct 17.
- Q3 net profits $10.25M on volumes of 163,043 BOE at avg $97.16/BOE.
- Gross proceeds $15.84M, costs $5.59M; Trust's 80% NPI yields $8.20M.
- Trustee withheld $105,417 for reserve; total withheld to date $737,919 toward $1.265M target.