MV Oil

MVO NYSE
7.53
+0.05
+0.67%
Closed 16:00 06/18 EDT
Open
7.45
Prev Close
7.48
High
7.75
Low
7.45
Volume
14.76K
Avg Vol (3M)
34.37K
52 Week High
12.63
52 Week Low
5.56
% Turnover
0.13%
Market Cap
86.59M
1D
5D
1M
3M
1Y
5Y

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Company Profile

MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC's (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado. These oil and gas properties include approximately 1,000 producing oil and gas wells. The underlying properties located in the El Dorado Area are operated on behalf of MV Partners by Vess Oil Corporation (Vess Oil) and are located in the El Dorado, Augusta and Valley Center Fields. Each of Vess Oil and Murfin Drilling Company, Inc. (Murfin Drilling) operate leases on behalf of MV Partners included in the underlying properties that are located in the Northwest Kansas Area. The primary fields in this area are the Bemis-Shutts, Trapp, Ray and Hansen Fields.
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