MV Oil Trust: An Insight into its Upcoming Dividend and Earnings Analysis
MV Oil Trust (MVO), the renowned and steady player in the oil and gas sector, has recently announced its upcoming dividend payment. The company declared a dividend of $0.33 per share to be paid on July 25, 2023. The dividend's record date has been set for the same day, July 25, 2023, and an ex-dividend date of July 14, 2023.
A Closer Look at the Dividend Payment
The ex-dividend date is a critical milestone in the dividend-paying process. It is typically set a few business days before the record date. Any investor who purchases the stock on or after this date will not be eligible for the upcoming dividend. This dividend will go to the seller instead. Conversely, any investor who acquires the stock before the ex-dividend date will be entitled to the upcoming dividend.
In the case of MV Oil Trust, the company has set its ex-dividend date for July 14, 2023. Therefore, investors interested in acquiring this stock with the intention of earning this dividend should aim to complete their purchase before this date.
Analyzing the Earnings Result
Notably, the upcoming dividend of $0.33 per share represents a decrease from the last paid dividend of $0.35 per share on April 25, 2023. This change represents a decrease of approximately 5.7%, which may initially raise concerns for some investors.
However, it's important to remember that dividends are often a reflection of a company's profitability and earnings, and are not necessarily indicative of the company's overall health or potential for growth. For instance, a company might opt to reduce its dividends temporarily to conserve cash for a significant upcoming investment or to navigate a short-term financial hurdle.
In the case of MVO, the dividend reduction could be influenced by several factors such as oil and gas market fluctuations, changes in production levels, capital investments or operating expenses. To fully understand this change, investors would need to examine the company's recent earnings results and potentially consider broader market factors.
Concluding Thoughts
MV Oil Trust's upcoming dividend payment of $0.33 per share, while lower than its previous dividend, still offers an appealing opportunity for investors seeking a steady income stream. To be entitled to this dividend, investors should aim to purchase the stock before the ex-dividend date of July 14, 2023.
MVO sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for MVO moved above the 200-day moving average on August 22, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 07, 2023. You may want to consider a long position or call options on MVO as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MVO just turned positive on August 29, 2023. Looking at past instances where MVO's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
MVO moved above its 50-day moving average on August 25, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MVO advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 262 cases where MVO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MVO moved out of overbought territory on September 20, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MVO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MVO broke above its upper Bollinger Band on September 12, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (24.450) is normal, around the industry mean (6.231). P/E Ratio (6.333) is within average values for comparable stocks, (16.603). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.541). Dividend Yield (0.130) settles around the average of (0.124) among similar stocks. P/S Ratio (5.889) is also within normal values, averaging (120.481).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MVO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a closed-end investment trust
Industry OilGasProduction
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FWRCX | 9.73 | 0.01 | +0.10% |
| Fidelity Advisor® Global Real Estate C | |||
| GSIIX | 43.29 | N/A | N/A |
| Goldman Sachs Equity Income Instl | |||
| HDTVX | 13.94 | N/A | N/A |
| Janus Henderson Responsible Intl DivT | |||
| MJRFX | 21.56 | -0.05 | -0.23% |
| BlackRock Mid-Cap Value K | |||
| BSTSX | 45.39 | -0.70 | -1.52% |
| BlackRock Technology Opportunities Svc | |||
MVO and
Correlation & Price change
A.I.dvisor indicates that over the last year, MVO has been loosely correlated with COP. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if MVO jumps, then COP could also see price increases.