dividend
confidence high
sentiment negative
materiality 0.75
MV Oil Trust declares $0.140/unit Q4 distribution; termination June 30, 2026, delisting risk
MV Oil Trust
- Quarterly distribution of $0.140/unit ($1.61M total), payable Jan 23, 2026 to record holders Jan 16, 2026.
- Volumes 143,087 BOE at avg price $56.60/BOE, gross proceeds $8.1M, net profits $2.3M.
- Net profits interest terminates June 30, 2026; final cash distribution expected about July 24, 2026, then units cancelled.
- If avg closing price <$1.00 for 30 days, NYSE may delist without cure period; units would move to OTC market.
- Unit price expected to decline to zero after termination; similar abrupt drop occurred in Q4 2025.