MV Oil Trust: 17% Yield, But The Clock Is Ticking
MV Oil Trust(MVO) Seeking Alpha·2024-09-15 13:15
ugurhan Looking for a different source of high-yield income from the Energy patch? Royalty Trusts are mainly within the Exploration & Production, E&P, Energy industry - they earn passive income from arrangements with E&P companies that handle the operations on the Trust's property, and pay the Trust a percentage of the income. MV Oil Trust (NYSE:MVO) is virtually a pure play on Crude oil, with ~99% of its income coming from crude. The revenues from this oil production are typically received by MV Partners o ...