MV Oil Trust(MVO)
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MV Oil Trust reports FY results
Seeking Alpha· 2026-03-25 07:16
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MV Oil Trust Files 2025 Annual Report on Form 10-K
Businesswire· 2026-03-24 20:20
Trust unitholders may also request a printed copy of the Annual Report on Form 10-K, which includes audited financial statements, free of charge by submitting a request in writing to: Share HOUSTON--(BUSINESS WIRE)--MV Oil Trust (the "Trust†) (NYSE Symbol — MVO) on March 24, 2026 filed its Annual Report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the "SEC†). The Annual Report on Form 10-K is available in the "SEC Filings†section of the Trust's webs ...
MV Oil Trust(MVO) - 2025 Q4 - Annual Report
2026-03-24 20:19
TABLE OF CONTENTS MV OIL TRUST FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-33219 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of in ...
MV Oil Trust(MVO) - 2025 Q4 - Annual Results
2026-01-06 21:15
Financial Distribution - MV Oil Trust announced a distribution of net profits amounting to $1,610,000 or $0.140 per unit for the quarterly payment period ended December 31, 2025[2]. - The total volume for the payment period was 143,087 BOE, with an average price of $56.60 per BOE, resulting in gross proceeds of $8,098,708[3]. - Net profits for the period were reported at $2,295,546, with the Trust's applicable net profits interest being $1,836,437[3]. - The Trust's net cash proceeds available for distribution after estimated expenses were $1,610,000[3]. Termination and Risks - The net profits interest is set to terminate on June 30, 2026, after which the Trust will dissolve and cease distributions[4]. - The market price of the Trust units is expected to decline to zero upon termination of the net profits interest[5]. - There is a risk of delisting from the NYSE if the Trust units fall below the minimum price requirement of $1.00[7]. - If delisted, the Trust units may be transferred to the OTC market, which could negatively impact trading volume and liquidity[8]. - The Trust may not be able to maintain compliance with the NYSE's minimum price requirement prior to the termination date[9]. Forward-Looking Statements - Forward-looking statements indicate uncertainty regarding future distributions and trading prices of the Trust units[10].
MV Oil Trust(MVO) - 2025 Q3 - Quarterly Report
2025-11-10 21:15
Financial Performance - For the three months ended September 30, 2025, the distributable income was $2,127,500, a decrease of 54.9% compared to $4,715,000 for the same period in 2024[7] - Income from net profits interest for the three months ended September 30, 2025, was $2,359,674, down 52.3% from $4,949,064 in 2024[26] - Distributable income for the quarter ended September 30, 2025 was $2,127,500, a decrease of $2,587,500 from $4,715,000 for the quarter ended September 30, 2024[42] - For the nine months ended September 30, 2025, the Trust's income from net profits interest decreased by $5,795,063 to $8,732,419 from $14,527,482 for the same period in 2024[45] Assets and Liabilities - The total assets as of September 30, 2025, were $2,581,918, down from $3,865,849 as of December 31, 2024, representing a decline of 33.2%[9] - The Trust corpus at the end of the period was $2,581,918, a decrease of 34.5% from $4,241,142 at the end of the previous year[11] - The Trust's cash and cash equivalents as of September 30, 2025, were $1,147,561, down from $1,281,396 as of December 31, 2024, indicating a decrease of 10.4%[9] Cash Distributions - Cash distributions per Trust unit for the nine months ended September 30, 2025, were $0.700, compared to $1.2050 for the same period in 2024, reflecting a decrease of 41.9%[7] Production and Sales - The average price received for crude oil sold was $60.01 per Bbl for the period from April 1, 2025 through June 30, 2025, compared to $77.13 per Bbl for the same period in 2024[43] - Total production sales volumes attributable to the net profits interest for the period from April 1, 2025 through June 30, 2025 were 116,021 barrels of oil equivalent, down from 120,912 barrels for the same period in 2024[44] - The average price received for natural gas sold was $2.51 per Mcf for the period from October 1, 2024 through June 30, 2025, compared to $2.31 per Mcf for the same period in 2024[46] Trust Operations - The Trust has received payment for 80% of the net proceeds from the sale of 15.1 million barrels of oil equivalent since inception, with a termination date set for June 30, 2026[16] - The Trust's net profits interest will terminate on June 30, 2026, as the minimum production amount of 14.4 MMBoe has been produced and sold[41] - MV Partners has provided a letter of credit in the amount of $1.8 million to the Trustee to protect against insufficient cash to pay future expenses[50] Internal Controls and Compliance - The Trust's disclosure controls and procedures are effective as evaluated by the Trustee[57] - There were no material changes in the Trust's internal control over financial reporting during the quarter ended September 30, 2025[59] - The Trust relies on information provided by MV Partners regarding historical operating data and future plans[58] - No material changes have occurred in the risk factors previously disclosed in the Trust's Form 10-K[61] - No officers or employees adopted or modified any Rule 10b5-1 trading arrangements during the three months ended September 30, 2025[62] Expenses - General and administrative expenses for the nine months ended September 30, 2025, totaled $816,254, an increase of 20.8% compared to $676,320 in 2024[7] - The Trust's investment in net profits interest remained constant at $50,383,675 as of September 30, 2025, compared to December 31, 2024[9]
MV Oil Trust(MVO) - 2025 Q3 - Quarterly Results
2025-10-03 20:15
[Filing Information](index=1&type=section&id=Filing%20Information) This section provides core identification details of the registrant, filing type, and trustee information [Registrant and Filing Details](index=1&type=section&id=Registrant%20and%20Filing%20Details) This section provides the core identification details of the registrant, the type of SEC filing, the reporting date, and the contact information for the trustee - The registrant is **MV Oil Trust**, filing a **Form 8-K**[1](index=1&type=chunk)[2](index=2&type=chunk) - The report date is **October 3, 2025**[2](index=2&type=chunk) - The trustee is **The Bank of New York Mellon Trust Company, N.A.**, located in Houston, Texas[2](index=2&type=chunk) [Securities and Company Status](index=1&type=section&id=Securities%20and%20Company%20Status) This part outlines the securities registered by the registrant and confirms its status regarding emerging growth company definitions Registered Securities | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :--------------------- | :---------------- | :---------------------------------------- | | Units of Beneficial Interest | MVO | The New York Stock Exchange | - The registrant is **not an emerging growth company**[4](index=4&type=chunk) [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) This section details the announcement of the quarterly distribution and the filing status of the related press release [Quarterly Distribution Announcement](index=2&type=section&id=Quarterly%20Distribution%20Announcement) MV Oil Trust issued a press release announcing its quarterly distribution for the period ending September 30, 2025 - **MV Oil Trust** issued a press release on **October 3, 2025**[5](index=5&type=chunk) - The press release announced the Trust's **quarterly distribution** for the payment period ended **September 30, 2025**[5](index=5&type=chunk) [Filing Status of Press Release](index=2&type=section&id=Filing%20Status%20of%20Press%20Release) The press release, furnished as Exhibit 99.1, is explicitly stated not to be 'filed' for Section 18 liabilities and is not incorporated by reference in other filings, as per General Instruction B.2 of Form 8-K - The press release (**Exhibit 99.1**) is 'furnished' per **General Instruction B.2 of Form 8-K**[6](index=6&type=chunk) - It is **not 'filed'** for Section 18 of the Securities Exchange Act of 1934 and is **not subject to its liabilities**[6](index=6&type=chunk) - The press release is **not incorporated by reference** in any other MV Oil Trust filing[6](index=6&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section provides a comprehensive list of all exhibits included in the Form 8-K filing [List of Exhibits](index=2&type=section&id=List%20of%20Exhibits) This section lists the exhibits included with the Form 8-K filing Exhibits Included | Exhibit No. | Description | | :---------- | :------------------------------------ | | 99.1 | MV Oil Trust Press Release issued October 3, 2025 | [Signatures](index=3&type=section&id=SIGNATURES) This section confirms the official signing of the report by the authorized representative of the Trustee [Authorization and Signatory Details](index=3&type=section&id=Authorization%20and%20Signatory%20Details) This section confirms the official signing of the report by the authorized representative of the Trustee on behalf of MV Oil Trust - The report was signed on behalf of **MV Oil Trust** by **The Bank of New York Mellon Trust Company, N.A.**, as Trustee[11](index=11&type=chunk) - **Elaina C. Rodgers**, Vice President, signed the report[11](index=11&type=chunk) - The report was signed on **October 3, 2025**[11](index=11&type=chunk)
MV Oil Trust Announces Trust Third Quarter Distribution
Businesswire· 2025-10-03 20:15
Core Points - MV Oil Trust announced a distribution of net profits for the quarterly payment period ended September 30, 2025, amounting to $2,357,500 or $0.205 per unit [1] - The distribution is payable on October 24, 2025, to unitholders of record on October 15, 2025 [1] Financial Summary - Volume for the payment period was 142,501 BOE (Barrels of Oil Equivalent) [1] - The average price per BOE was $62.08 [1] - Gross proceeds for the period totaled $8,846,255 [1] - Total costs incurred were $5,628,563 [1] - Net profits for the period amounted to $3,217,692 [1]
MV Oil Trust: High Yield, But Closing Up Shop In 2026 (NYSE:MVO)
Seeking Alpha· 2025-09-27 13:15
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MV Oil Trust(MVO) - 2025 Q2 - Quarterly Report
2025-08-12 20:15
Financial Performance - For the three months ended June 30, 2025, income from net profits interest was $3,380,004, a decrease of 15.9% compared to $4,019,362 for the same period in 2024[7] - Distributable income for the three months ended June 30, 2025, was $3,162,500, down 16.7% from $3,795,000 in the prior year[7] - Cash distributions per Trust unit decreased to $0.275 for the three months ended June 30, 2025, from $0.330 in the same period of 2024, representing a decline of 16.7%[7] - The Trust's income from net profits interest decreased by $639,358 to $3,380,004 for the quarter ended June 30, 2025, compared to $4,019,362 for the same quarter in 2024[41] - Distributable income for the quarter ended June 30, 2025 was $3,162,500, a decrease of $632,500 from $3,795,000 for the quarter ended June 30, 2024[41] - The Trust's income from net profits interest decreased by $3,205,673 to $6,372,745 for the six months ended June 30, 2025, from $9,578,418 for the same period in 2024[44] Assets and Liabilities - Total assets as of June 30, 2025, were $2,938,534, a decrease of 23.9% from $3,865,849 as of December 31, 2024[9] - The Trust corpus at the end of the period was $2,938,534, down from $4,646,447 at the end of the previous year[11] - As of June 30, 2025, the Trust has built a cash reserve of $1.265 million for future expenses[48] - MV Partners has provided a letter of credit of $1.8 million to protect the Trust against insufficient cash for future expenses[49] Production and Sales - The average price received for crude oil sold was $68.11 per Bbl and for natural gas was $3.07 per Mcf for the period from January 1, 2025 to March 31, 2025[42] - The overall production sales volumes for the period from January 1, 2025 to March 31, 2025 were 111,619 Bbls of oil and 4,727 Mcf of natural gas, totaling 112,407 barrels of oil equivalent[43] - The average price received for crude oil sold was $67.22 per Bbl and for natural gas was $2.37 per Mcf for the period from October 1, 2024 to March 31, 2025[45] - The overall production sales volumes for the period from October 1, 2024 to March 31, 2025 were 225,948 Bbls of oil and 10,393 Mcf of natural gas, totaling 227,683 barrels of oil equivalent[46] Trust Operations - The net profits interest will terminate on June 30, 2026, as the minimum production requirement of 14.4 MMBoe has been met[16] - The Trust will terminate on June 30, 2026, as the minimum production requirement has been met[40] - MV Purchasing, LLC, a majority-owned entity, purchased a majority of the production from the underlying properties under short-term arrangements[27] - The Trust does not have any transactions or relationships with unconsolidated entities that could materially affect its liquidity or capital resources[52] Compliance and Controls - The Trust has not adopted any new accounting pronouncements that would impact its financial statements during the quarter ended June 30, 2025[24] - The Trust is not required to pay federal or state income taxes, and therefore, no provision for income taxes has been made[28] - The Trustee maintains effective disclosure controls and procedures to ensure timely reporting of required information[55][56] - There were no changes in the Trust's internal control over financial reporting during the quarter ended June 30, 2025[58] - The Trust relies on information provided by MV Partners regarding historical operating data and future plans, which may affect its financial results[57] - There have been no material changes in risk factors previously disclosed in the Trust's Form 10-K[60] - No officers or employees of the Trustee adopted or modified any trading arrangements during the three months ended June 30, 2025[61]
MV Oil Trust(MVO) - 2025 Q2 - Quarterly Results
2025-07-03 20:15
Distribution Announcement - MV Oil Trust announced its quarterly distribution for the payment period ended June 30, 2025[5]. - The press release regarding the quarterly distribution was issued on July 3, 2025[8]. Financial Results - The Trust's financial results and operational performance details are included in the press release[5]. - The report does not provide specific financial figures or performance metrics in the available content[5]. - There are no details on future outlook or performance guidance in the provided content[5]. Regulatory Information - The document indicates that the press release is "furnished" and not "filed" under the Securities Exchange Act[6]. - The Trust is registered under the New York Stock Exchange with the trading symbol MVO[3]. - The Trust is not classified as an emerging growth company[4]. Signatory Information - The report was signed by Elaina C. Rodgers, Vice President of the Bank of New York Mellon Trust Company, N.A.[11]. Product and Market Information - The report does not include any information on new products, technologies, or market expansion strategies[5].