MV Oil Trust (MVO) News

Yes! is on my radar$

MV Oil Trust (MVO): MVO is a company in the business of owning net profits interest in oil and natural gas properties. It's based in Austin, Texas. The company owns about 1,000 producing oil and gas wells. The market cap of MV Oil is $459.5 million, and P/E ratio is 14.48, while forward P/E ratio is 11.35.

Did someone pick up the rock ?

How'd all those super high yield oil gimmicks work out for you? MVO at least survives ( I don't own it). And my 2% yielding blue chips have mostly doubled.

MVO declared a .225 quarterly dividend x date 7/12

if it bothers you maybe you should not have bought it - if you did not buy it your posts are irrelevant imo

Then let's go with a 3-year chart... which is even uglier.

really ? this post was 2 years ago and the stock was over 30 bucks
- you must have nothing to do with your life

and oh, oil prices have fallen out of the sky since I saw you last in case you missed it

2%er

LOL

http://seekingalpha.com/news-article/6993302-mv-oil-trust-announces-trust-second-quarter-distribution

MMMMMM, divies! http://seekingalpha.com/news-article/6151631-mv-oil-trust-announces-trust-first-quarter-distribution?source=email_portfolio&ifp=0

well done sir well done

lol- I can get 2% -4% at the bank with no risk - what up ?



The sweet spot for overall dividend/growth performance has been the 2%-4% yield range, not double digits

I wouldn't put much faith in the author of the review you read. MVO has done much better than that. Yes, that might hold if you kept it until liquidation but why would someone do that?

Mutual funds have been proven to lose money over the long run (for everyone except the fund managers who take your profit) Exception: index funds.

Ten years ago the DOW was below 8000, today it is at 14,000. Long term investors have done just fine particularly if they have been in dividend paying stocks.

Most people don't have Buffet's ability... even when they try to do the same kind of analysis. Probably for the same reason all baseball pitchers can't duplicate Sandy Koufax's ability. It seems to be an innate thing.

As for trading frequently, it seems to be a mindset. Gambling vs investing. Those that paniced and sold a couple of years ago guaranteed they would lose money in the long run.

I've never shorted a stock-- too dangerous -- but I'm impressed as hell with the best shorters. Chinese stocks have always been garbage. I've bashed some going back 15 years. Their accounting was almost nonexistent. Shorters played a huge role in getting that accounting situation recognized, but only in the past 2-3 years.

Had Madoff's scam been shortable, it would have blown up quickly. His CPA was a huge red flag. Too bad single family homes aren't directly shortable or the housing bubble wouldn't have gotten so out of hand. With housing, everyone was a cheerleader; no one was a basher. Gov't was the biggest cheerleader of all!

I'll have to look into lawsuits against SA. Didn't know about that.

SA is overrun with shorters and options players trying to manipulate prices. Just like followers of Mad Cramer. Guarantee the bets are on the spikes and subsequent fall, no real difference from IHub. There's only a few SA authors that I'll even read their articles, some have tidbits of recent news I've overlooked, and definitely have done their DD and highlighted both pros and cons. Most of time I look at the author's profile and no further. SA been sued over and over, far more than IHub.
I post filings on IHub all the time, and in my experience, people are usually eager to read and DISCUSS them to get clear understanding.
MVO has very light trading today.

Hey, charting is the greatest invention ever! Everyone assumes they can read charts and flip stocks based on them. Buy. Sell, Buy. Sell. Another reason brokerage houses do well. And who would buy pennies based on fundamentals?

One way to kill discussion on IHUB is to mention SEC filings. The fundamentals. Cash flow. Regulations. Financial statements. Audits. Heck, as a lawyer, I tend to pick stocks based on the CPA firm. I love to read the PCAOB reviews of small auditors. Madoff's investors should have done similar research!

You're correct that IHUB has become more of a social site more than an investing site. I've watched online stock boards evolve since the beginning. Pennyland is almost dead now. On IHUB, boards devoted to sports or politics still do well.

It's very lonely being a good investor here. LOL. Unlike many here, I'm not retired or unemployed. I'm spending a lot more time on SA and similar groups lately.

"I have no idea what most other people do when it comes to buying or selling stocks."

With my portfolio mostly on auto-pilot for decades, my stock market interest is about the motivations... I wonder why so many investors get things wrong. And then flip-flop and get things wrong again! Why do they trade so often? Why do they go with their gut when just about any pro will tell you that doesn't work. Figuring this out is of real importance since I'm involved with training some young investors.

I've never heard Buffett say he bought a stock on a hunch or because he felt lucky that day. Too many people, especially here, treat the market as a casino... for fun and thrills.

I still have some funds I bought around 1985. My last stock purchase was four years ago. When I sell something it's usually for tax reasons.

I firmly believe that online trading and low commissions haven't done most investors a favor. Commissions are a fraction of what they were 40 years ago before they were deregulated. Yet it seems brokerage houses are making more money than ever.

--
By the way I read a review of MVO last year. The author did a lot of math and decided it would probably yield about 3% until liquidation. I have no great problem with that (LOL!) but most Ihubbers will expect more.

Guarantee you've met at least one, probably dozens, if not hundreds more that wouldn't touch a bond these days. Tech bubble burst long time ago, and has little to do with today's market, let alone new regulations and taxes. And I certainly don't get your assumptions about posters, and certainly a claim of 98% percent. Only thing close to true is pennystock gets the most interest in comments/postings, but IHub is a social site, nothing more. I post mostly market news to have "one-stop info center", doesn't matter if it is good or bad current event, to maybe save others a few hours of DD. Personally, don't care what anyone else thinks of the stock, REIT, MLP, etc., positive or negative. Nor do I believe much in TA, which does not take into consideration secretive non-public dealings and products, fiscal cliffs and Euro woes, Japanese earthquakes, and Bernie Madoffs, nor patents expiring, spinoffs or stock splits yet unannounced, nor shorter interest with ANY PR. It's a guideline, nothing more. Otherwise, stocks would always run the direction of the analysts. The wild market swings since last May cannot be used as a reasonable chart comparison, it's more about individual growth projections and financials, and comparing with competitors than S&P or DOW. DOW is down 30 points today, I'm "up 10 points" equivalent. Retail investors are not as stupid as you contemptuously portray.
MVO doing fine for me. (and others)

I don't know any wealthy people who don't own at least some muni bonds. They've outperformed most stocks since 1999 certainly... especially outperforming the tech stocks that many rookies were over-weighted in around 1999

Iman: I believe I've mentioned the Leggett & Platt inc convertible bonds issued around 1980 as an example of a fabulous bond investment. I own a mix of individual corp bonds, muni bonds and Vanguard bond funds.

Investorman and I go waaaay back. He knows my investing style, which has remained consistent. I don't claim to have hit many home runs. But Iman knows I sleep well in bear markets. No question I've done better than 98% of IHUBBERs since 1999. And I agree with him that market timing never works.

As for ultra high yield investments such as MVO, my mind is quite open. But when I check out such "products" there are just too many fees and the performance usually falls short over the long haul.

Generally they've had a terrible last year or two.

Amen. I certainly would never listen, let alone respond to a person who can't communicate without an attempt to belittle investors in their comments. Not worth my time to deal with such people, like you, I've gotten quite wealthy with my market methods and have no use for people who think they know better than me what to do with my money. Especially anyone involved with bonds in this day and age, LOL. MVO has at least another 10 years before the trust expires and is easily calculable on the return in that time to decide when to pull out. I take my news from news sources, not blogs and chatrooms.

I have no idea what most other people do when it comes to buying or selling stocks. The market goes up and down but I don't try to gamble on timing the market. It is a fools game for ordinary investors. Heck, I even still own 1 stock that I bought in the late 1970's.

I evaluate each company individually based on what I think their prospects are and normally expect to hold it for decades unless there is something about the base business or management that changes my mind. It has worked for me for the last 40 years so I see no reason to change at this point.

MVO is my idea of a short term hold and I will probably get out of it around 2015 depending on what is going on at that time. I might bail sooner or hold an extra year based on where I think oil prices are going. I have some expert help in this area from a couple of friends who have been in the oil business in Texas for the last 50 years.

It is always a bit of a gamble when trying to predict the future but that is what makes it fun. Looking at the ups and downs of the past is of no use other than to keep one grounded in the possibilities of what might happen in the future. If you buy good companies, the short term ups and downs will have little effect on a long term investing strategy.

Peaks are when most new investors get into the market... the tech bubble peak around '98/'99, for example. Or the catastrophic home rehabber mania around 2005-2007 especially in certain states.

Several old Phan fans recently admitted what I had always suspected: That was the first stock they ever bought.

Good for you if you bought MVO in 2009. Many gave up on stocks then. One wealthy couple told me they sold ALL their stocks then. The public is only now returning.

No question there's been a bubble in high yield products such as MVO. That bubble can also be seen even more clearly in Closed End Funds where even terrible ones sell at premiums to asset value. I've followed CEFs for 30 plus years and am moderating some boards on them.

I'm not a believer in many market aphorisms. But "The Herd is Always Wrong" seems to have enduring value.

Few people buy at the all time highs any more than they buy at the all time lows. What you post is a useless comparison since it doesn't represent real world investments.

I was shocked how poorly this high yield screener list has done since summer 2011 when it was posted. Even worse when compared to the broad bull market since then. No question that picking investments strictly by yield is a sucker bet. I understand this is just is just a screen list. No one here bought these ten stocks (I hope)


--
"I ran a screen for the highest-yielding royalty trusts. The only limitation I've set is the royalty trusts must have a market cap greater than $100 million.
Here are the top 10 highest-yielding royalty trusts the screen produced:

Company Market Cap (Millions) Yield
1 WHX $225 17.9%
2 GNI $151 12.1%
3 NRT $309 8.7%
4 BPT $2,369 8.6%
5 MVO $458 8.2%
6 PBT $969 7.9%
7 ECA Marcellus Trust I $471 7.8%
8 MSB $417 7.5%
9 HGT $910 6.6%
10 SJT San Juan Basin Royalty Trust $1,113 6.6%"

If you look at the old posts you will see that I bought this for $19 and change back in August of 2009. So not only have I received over 3 years of really high dividends, the stock has gained 50% in price. Got any bonds that have done that well?

This one has already paid more in dividends than I paid for the stock and it is still cranking it out.

Stick to your bonds...

Look at the performance of those 10 high yield trusts from June 2011. What a bunch of bowsers since then!

The sweet spot for overall dividend/growth performance has been the 2%-4% yield range, not double digits.

Thanks, MrBR. Can't say I was familiar with that particular site. I usually just refer to Dividend.Com. Nice find, thanks for sharing it.

Dividend history....... http://www.dividendinvestor.com/historical.php?no=22507

http://seekingalpha.com/news-article/5206691-mv-oil-trust-announces-trust-fourth-quarter-distribution

Zacks has a 25% accuracy rating when projecting MVO. Pretty poor if you ask me!

http://seekingalpha.com/article/1048871-computing-mv-oil-trust-s-q4-distribution-solid-returns

WARNING: "The net profits interest will terminate on the later to occur of (1) June 30, 2026, or (2) the time when 14.4 MMBoe have been produced from the underlying properties and sold, which amount is the equivalent of 11.5 MMBoe in respect of the trust's right to receive 80% of the net proceeds from the underlying properties pursuant to the net profits interest. "

Agreed x 2

$.20 drop in divie payout, but I suspected as much since oil prices had been down most of the quarter. Still a handsome payout

MV Oil Trust Announces Trust Third Quarter Distribution


AUSTIN, Texas--(BUSINESS WIRE)--Oct. 5, 2012-- MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended September 30, 2012.

Unitholders of record on October 15, 2012 will receive a distribution amounting to $8,625,000 or $0.75 per unit payable October 25, 2012.

Volumes, price and Net Profits for the payment period were:
Volume (BOE) 226,644
Proceeds (per BOE) $ 80.71
Gross Proceeds $ 18,292,476
Costs $ 7,210,025
Net Profits $ 11,082,451
Percentage applicable to Trust’s 80%
Net Profits Interest $ 8,865,961
MV Partners reserve for capital expenditures $ 0
Total cash proceeds available for the Trust $ 8,865,961
Provision for estimated Trust expenses $ (240,961 )
Net cash proceeds available for distribution $ 8,625,000


This press release contains forward-looking statements. Although MV Partners, LLC has advised the Trust that MV Partners, LLC 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 September 30, 2012. 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, and other risk factors described in the Trust’s Form 10-K for the year ended December 31, 2011 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.

Source: MV Oil Trust

MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mike Ulrich, 855-802-1094

Yeah very scary scenario. I'm glued to ongoing developments.

very nice articles. Figure like Forbes, Obooger has releasing more reserves up his sleeve pre-election. Very scarey scenerio with the Arab world ablaze to where oil import line could get cut very quickly. Won't be the first time the Arab oil fields were sabotaged. The majority of young north African and Middle East Muslims are unemployed, do not own cars, and certainly don't care about oil prices.

I'm in sort of a bullish mood regardless of what happens in the White House. Naturally I'm for whatever administration is going to support a strong domestic energy program (bias, naturally).

A few interesting articles I've been reading on the subject:

http://theelectionreview.com/what-effect-will-high-oil-prices-have-on-the-2012-us-election/

http://www.forbes.com/sites/matthewhulbert/2012/08/28/why-u-s-elections-are-setting-oil-prices/

No matter who wins, IMO, it will do well. Speculators on the liberal winning, figure money will still be sent to other countries for them to develop their oil like Brazil, keep it away from U.S. soil, for both environmentalists AND redistributing world wealth. If Romney wins, people will bet he'll make a bigger mess of the middle east before it gets better. You?

Have you any thoughts on the election / 4th quarter demand will effect oil / $MVO prices going into 2013?

good for you. Judging by what I have written down for my avg, doesn't look like I had grabbed more or much more at that time, to bring avg down dramatically.

Of all of the MLPs that I'd been tracking, particularly in the oil and natural gas space, MVO looked the most attractive in terms of its payout ratio and recent dividend (distribution) growth history.

When its price took a steep dive in the May-to-June timeframe, it looked like the right time to pick some up, which I did in mid-June, and then I picked up a bunch more a week later after the price had slid even further.

MVO is one of my portfolio favs. Just keep raking in the divies.

The is one of the articles I read. Very addition to any oil bull portfolio in my opinion.

http://seekingalpha.com/article/854141-a-high-dividend-stock-that-s-ready-to-rise?source=email_rt_article_readmore&ifp=0

One of my favs too.

$MVO is one of my favorite oil trusts. 11% dividend and low (only 2%) exposure to natural gas.

By law, trusts are required to pay out at least 90% of their income in distributions, in return for not paying taxes.

MVO's next ex-dividend date should be around Oct. 12.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79367274
^^Profile

Nice to see it on their list for divie income http://web.streetauthority.com/npdf.asp?d=7362&utm_source=MMU-HY&utm_medium=EMAIL&U=1604496&utm_campaign=HY_September_2012_Update_--_Make_Your_Nest_&utm_content=