MV Oil Trust Announces First Quarter Distribution

MV Oil Trust (NYSE: MVO) has announced its first-quarter distribution for the period ending March 31, 2025. Unitholders of record on April 15, 2025, will receive a distribution of $3,162,500, or $0.275 per unit, payable on April 25, 2025. This announcement comes as the oil and gas industry continues to navigate a complex landscape of fluctuating prices, production volumes, and operational costs.

The distribution amount of $0.275 per unit represents a decrease from previous quarters. For instance, the distribution for the quarterly payment period ended December 31, 2024, was $0.24 per unit, and for the quarterly payment period ended September 30, 2024, it was $0.33 per unit. This downward trend in distribution amounts reflects the challenges faced by the industry, including volatile oil prices and increasing operational costs.

The financial metrics for the quarterly payment period ended March 31, 2025, provide a clearer picture of the factors influencing the net profits and distribution amounts. The Trust reported a volume of 140,509 barrels of oil equivalent (BOE), with an average price of $67.77 per BOE. Gross proceeds amounted to $9,521,619, while costs totaled $5,296,614, resulting in net profits of $4,225,005. The Trust's 80% net profits interest amounted to $3,380,004, and after accounting for estimated Trust expenses of $217,504, the net cash proceeds available for distribution were $3,162,500.



The distribution 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. However, the press release contains forward-looking statements, and no assurances can be given that such expectations will prove to be correct. 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, and actions by the members of the Organization of Petroleum Exporting Countries (OPEC).

The Trust does not intend to update any of the statements included in this press release, and investors are advised to consider the 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.

In conclusion, while the announced distribution of $3,162,500 or $0.275 per unit for MV Oil Trust reflects the current challenges faced by the oil and gas industry, it also highlights the Trust's commitment to providing returns to its unitholders. Investors should closely monitor the factors influencing the net profits and distribution amounts, including changes in oil prices, production volumes, and operational costs, as well as the forward-looking statements and risk factors outlined in the press release.