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    MV Oil Trust (MVO)

    Business Description

    MV Oil Trust (MVO) is a statutory trust formed in August 2006 under the Delaware Statutory Trust Act. The trust primarily generates revenue through its net profits interest, which entitles it to 80% of the net proceeds from oil and natural gas properties owned by MV Partners, LLC. These properties, located in Kansas and Colorado, predominantly produce oil, with minimal contributions from natural gas and natural gas liquids.

    1. Oil - Drives the majority of revenue through the sale of crude oil extracted from approximately 860 wells in the Mid-Continent region, primarily in Kansas and Colorado.
    2. Natural Gas - Contributes a small portion of revenue through the sale of natural gas produced alongside oil from the same wells.
    3. Natural Gas Liquids (NGLs) - Generates minimal revenue through the extraction and sale of natural gas liquids from the underlying properties.

    Key Metrics

    View all financials →
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017 [N/A]Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020 [N/A]Q2 2020Q3 2020 [N/A]Q4 2020FY 2020 [N/A]Q1 2021 [N/A]Q2 2021 [N/A]Q3 2021 [N/A]Q4 2021FY 2021 [N/A]Q1 2022Q2 2022Q3 2022 [N/A]Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024
    - Oil Sales--------
    - Natural Gas Sales--------
    - Natural Gas Liquid Sales--------
    Total Revenue4.393.94--5.5594.02--
    KPIs - Metric (Unit)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024
    Average Price for Crude Oil ($/Bbl)73.0370.3380.07-70.2577.1377.13-
    Average Price for Natural Gas ($/Mcf)5.043.582.23-2.662.072.07-
    Production Sales Volumes (BOE)118,377123,919123,548-117,289120,912120,912-
    Cumulative Production (MMBoe)13.813.914.1-14.314.414.6-
    Net Profits Interest Production (MMBoe)11.011.211.3-11.411.511.6-

    Executive Team

    NamePositionStart DateShort Bio
    Elaina C. RodgersVice President of The Bank of New York Mellon Trust Company, N.A. (Trustee)N/AServes as Vice President of The Bank of New York Mellon Trust Company, N.A., acting as Trustee for MV Oil Trust (MVO). She has signed multiple certifications and reports on behalf of the Trust, including 10-Q, 10-K, and 8-K filings throughout 2024 and early 2025.