dividend
confidence high
sentiment neutral
materiality 0.50
MV Oil Trust declares Q3 distribution of $0.380/unit payable Oct 25
MV Oil Trust
- Distribution of $4,370,000 ($0.380/unit) for quarter ended Sep 30, 2023; record date Oct 16.
- Net profits interest of $4,553,601 on 153,249 BOE at $71.42/BOE average price.
- Gross proceeds $10.95M, costs $5.25M, net profits $5.69M.
- No capital expenditure reserve; net cash after trust expenses $4.37M.