dividend
confidence high
sentiment neutral
materiality 0.45
MV Oil Trust announces Q1 distribution of $0.33 per unit; total $3.795M
MV Oil Trust
- Distribution of $3,795,000 ($0.330 per unit) payable April 25, 2024 to holders of record April 15, 2024.
- Production volume 146,612 BOE; average realized price $69.82/BOE.
- Gross proceeds $10.24M; costs $5.21M; net profits $5.02M; Trust's 80% share $4.02M.
- Net cash after expenses of $224,362 results in $3.795M for distribution.