MV Oil Trust (NYSE:MVO)

CAPS Rating: 3 out of 5

Expl/dev/prod/gatrng/aggtn/sale of oil&natural gas


Player Avatar keesluijt (< 20) Submitted: 10/13/2010 1:24:21 PM : Underperform Start Price: $29.95 MVO Score: -18.11

MVO was building up based partly also on its high dividend yeld (13,6%), but that was slashed down to 7,6% yesterday. I think this will mean a sell signal

Member Avatar transline1 (< 20) Submitted: 10/13/2010 3:17:46 PM
Recs: 1

The 8/4 quarterly report stated the the increased dividend was due ,in part, to the settelment payment received from the SemGroup bankruptcy. This last dividend of .61 is in line with April payment. Still a strong company and a 8% dividend.

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