MV Oil Trust (MVO) Hits New 52-Week High and Low at $10.50

Shares of MV Oil Trust (NYSE:MVO) hit a new 52-week high and low during trading on Tuesday . The company traded as low as $10.50 and last traded at $10.28, with a volume of 201 shares. The stock had previously closed at $10.33.

The company has a market capitalization of $113.50 million, a P/E ratio of 11.89 and a beta of 0.01.

MV Oil Trust (NYSE:MVO) last issued its earnings results on Wednesday, March 14th. The oil and gas producer reported $0.13 EPS for the quarter. The company had revenue of $1.63 million during the quarter.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 25th. Shareholders of record on Monday, April 16th were given a dividend of $0.365 per share. The ex-dividend date was Friday, April 13th. This represents a $1.46 dividend on an annualized basis and a yield of 14.70%. This is an increase from MV Oil Trust’s previous quarterly dividend of $0.22.

About MV Oil Trust

MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 900 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was founded in 2006 and is based in Houston, Texas.

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