8-K - MV Oil Trust | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

MV Oil Trust announced a quarterly distribution of $0.170 per unit for the period ended March 31, 2026, and confirmed the termination of its net profits interest and the Trust itself on June 30, 2026, after which units will be cancelled.

Key Takeaways

1The Trust declared a distribution of $1,955,000, or $0.170 per unit, payable April 24, 2026, to unitholders of record on April 15, 2026.

2The net profits interest and the Trust will terminate on June 30, 2026, as the minimum production threshold has been met, with a final distribution expected around July 24, 2026.

3The market price of Trust units is expected to decline to zero at termination, and the Trust may be unable to maintain NYSE listing compliance due to price declines, risking delisting to the OTC market.

4For the payment period, net profits were $2,693,088, with $2,154,470 applicable to the Trust's 80% interest, and after expenses, $1,955,000 was available for distribution.

Current Report Details

Event Type

Financial Results

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

2.02

| Results of Operations and Financial Condition. | |---|---|---| On April 2, 2026, MV Oil Trust issued a press release announcing the Trust quarterly distributi

Financial Results

9.01

| Financial Statements and Exhibits. | |---|---|---| (d)** **Exhibits. | Exhibit No. | Description | |---|---| | | | | 99.1 | MV Oil Trust Press Release issued

Exhibits Only

Source Document

Results of Operations

quarterly payment period ended March 31, 2026

Metric	Value	Basis	Prior Period
Gross proceeds	$8.0M
Costs	$5.3M
Net profits	$2.7M
Percentage applicable to Trust’s 80% Net profits interest	$2.2M
Provision for current estimated Trust expenses	$-199.5K
Net cash proceeds available for distribution	$2.0M

Capital Return

Dividend/Share

0.17

Record Date

2026-04-15

Payable Date

2026-04-24

Exhibits (2)

8-K

FORM 8-K

99.1

EXHIBIT 99.1