MV Oil Trust Q3 2023 Earnings Report

MV Oil Trust EPS Results

• Actual EPS: $0.33
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

MV Oil Trust Revenue Results

• Actual Revenue: $3.94 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

MV Oil Trust Announcement Details

• Quarter: Q3 2023
• Date: 11/9/2023
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

MV Oil Trust (NYSE:MVO) is an exchange-listed royalty trust that holds overriding royalty and net profits interests in oil and gas properties across the United States. As a non-operating entity, the trust does not engage in exploration or development; instead, it collects a share of production revenues after operating expenses are deducted.

The trust’s interests are primarily concentrated in onshore hydrocarbon fields in West Texas, providing unitholders with exposure to established production streams. Cash distributions are generated from the trust’s net profits interest and are paid monthly, with amounts varying based on actual production volumes and realized commodity prices.

Administration of MV Oil Trust is overseen by a trustee appointed under the trust agreement, whose responsibilities include collecting revenue, settling expenses and distributing net proceeds in accordance with the trust’s governing documents. Detailed information on individual trustees or a broader leadership team is not publicly disclosed, reflecting the trust’s passive, income-oriented structure.