MV Oil Trust Announces Trust First Quarter Distribution

Rhea-AI Summary

MV Oil Trust (NYSE: MVO) has announced its quarterly distribution for the period ending March 31, 2025. Unitholders will receive $3,162,500 ($0.275 per unit) payable April 25, 2025, for holders of record as of April 15, 2025.

Key financial metrics for the quarter include:

• Production volume: 140,509 BOE
• Average price: $67.77 per BOE
• Gross proceeds: $9,521,619
• Total costs: $5,296,614
• Net profits: $4,225,005

The Trust's 80% net profits interest resulted in $3,380,004 available proceeds, which after deducting estimated Trust expenses of $217,504, yielded the final distribution amount.

Positive

• Net profits of $4.23 million generated from operations
• Healthy average price of $67.77 per BOE
• Distribution maintained at $0.275 per unit

Negative

• Operating costs represent 55.6% of gross proceeds
• Trust expenses increased to $217,504

Insights

Financial Analyst specializing in Energy Royalty Trusts

MV Oil Trust's quarterly distribution announcement reveals substantial cash flow generation with a $0.275 per unit payout, translating to a noteworthy 5.1% quarterly yield (or 20.4% annualized) based on the current $5.41 unit price.

The trust reported production of 140,509 BOE at an average price of $67.77 per barrel, generating gross proceeds of $9.52 million. With costs of $5.30 million, the cost-to-revenue ratio stands at 55.6%, resulting in $4.23 million in net profits.

Notably, MV Partners did not withhold any capital expenditure reserves this quarter, allowing the full eligible profit distribution to flow to unitholders. The trust's 80% net profits interest yielded $3.38 million, with $217,504 allocated for trust expenses (representing 6.4% of the net profits interest).

This distribution demonstrates the trust is effectively fulfilling its primary function - converting oil and gas production into direct unitholder income. The high distribution yield relative to current unit prices reflects the income-focused nature of royalty trusts, though investors should recognize that future distributions will fluctuate with commodity prices and production levels.

HOUSTON--(BUSINESS WIRE)-- MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the quarterly payment period ended March 31, 2025.

Unitholders of record on April 15, 2025 will receive a distribution amounting to $3,162,500 or $0.275 per unit payable April 25, 2025.

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

Volume (BOE)		140,509
Average price (per BOE)		$	67.77
Gross proceeds		$	9,521,619
Costs		$	5,296,614
Net profits		$	4,225,005
Percentage applicable to Trust’s 80%
Net profits interest		$	3,380,004
MV Partners reserve for capital expenditures		$	--
Total cash proceeds available for the Trust		$	3,380,004
Provision for current estimated Trust expenses		$	(217,504	)
Net cash proceeds available for distribution		$	3,162,500

This press release contains forward-looking statements. Although MV Partners, LLC (“MV Partners”) has advised the Trust that MV Partners believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended March 31, 2025. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250404514927/en/

MV Oil Trust

The Bank of New York Mellon Trust Company, N.A., as Trustee

Elaina Rodgers

713-483-6020

601 Travis Street, Floor 16, Houston, TX 77002

Source: MV Oil Trust

FAQ

What is MVO's quarterly distribution amount per unit for Q1 2025?

MVO's distribution is $0.275 per unit for Q1 2025, payable on April 25, 2025.

What was MV Oil Trust's production volume and average price per BOE in Q1 2025?

Production volume was 140,509 BOE with an average price of $67.77 per BOE.

How much are the total net profits for MVO in Q1 2025?

Total net profits for Q1 2025 were $4,225,005.

What is the record date for MVO's Q1 2025 distribution?

The record date is April 15, 2025 for unitholders to receive the Q1 2025 distribution.

How much are the Trust's estimated expenses for Q1 2025?

The Trust's estimated expenses are $217,504 for Q1 2025.