MV Oil Trust · Austin, TX United States ·(NYSE: MVO)
Company Description
Phone: 512-479-5400
Toll Free: 800-852-1422
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Call it what you will, black gold, Texas tea, or the black blood of the earth, MV Oil Trust is wringing out the value from each drop and distributing it to shareholders. MV Oil Trust receives royalty interests from the mature oil and gas properties of MV Partners located in Kansas and Colorado. The properties have proved reserves of 9.5 million barrels of oil from 922 net wells. The trust receives royalties based on the amount of oil (and gas) produced and sold and then distributes virtually all of the proceeds to shareholders on a regular basis. MV Partners, a private company engaged in the exploration, production, gathering, aggregation, and sale of oil and natural gas, has the rights to 80% of net proceeds. To read the full description, subscribe now.
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Key MV Oil Trust Financials
| Company Type | Public - NYSE: MVO Single Location |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $33.6 |
MV Oil Trust Executives
1 executives listed for MV Oil Trust's Austin, TX location.
| Title | Name & Bio | Contact |
| VP and Trust Officer; The Bank of New York Trust Company, Trustee | Michael Ulrich | Network |
Competition
Competitive Landscape for MV Oil Trust
Demand is driven by consumer income and wealth and demographics. The profitability of individual firms depends largely on effective marketing. Large companies have some advantages in providing expertise in a wider range of investment options, and they may be able to charge lower fees. Small companies can compete successfully by providing better service and advice. To read the full description, subscribe now.Top MV Oil Trust Competitors
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