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     125  0 Kommentare MV Oil Trust Announces Trust Fourth Quarter Distribution

    MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the fourth quarterly payment period ended December 31, 2021.

    Unitholders of record on January 14, 2022 will receive a distribution amounting to $4,715,000 or $0.41 per unit payable January 25, 2022.

    Volumes, average price and net profits for the payment period were:

    Volume (BOE)

     

    161,030

     

    Average price (per BOE)

     

    $

    72.15

     

    Gross proceeds

     

    $

    11,618,783

     

    Costs

     

    $

    5,262,932

     

    Net profits

     

    $

    6,355,851

     

    Percentage applicable to Trust’s 80%

     

     

     

    Net profits interest

     

    $

    5,084,681

     

    MV Partners reserve for capital expenditures

     

    $

    --

     

    Total cash proceeds available for the Trust

     

    $

    5,084,681

     

    Provision for current estimated Trust expenses

     

    $

    (264,264

    )

    Amount withheld for future Trust expenses

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    Business Wire (engl.)
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    MV Oil Trust Announces Trust Fourth Quarter Distribution MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the fourth quarterly payment period ended December 31, 2021. Unitholders of record on January 14, 2022 will receive a distribution amounting to $4,715,000 or $0.41 per unit …