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MV OIL TRUST (MVO)
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MV Oil Trust : posts 3Q profit

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11/10/2017 | 11:59pm CET

AUSTIN, Texas (AP) _ MV Oil Trust (MVO) on Thursday reported third-quarter profit of $2.6 million.

On a per-share basis, the Austin, Texas-based company said it had net income of 23 cents.

The oil and gas statutory trust posted revenue of $2.8 million in the period.

MV Oil shares have fallen slightly more than 5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.90, a rise of 5.5 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MVO at https://www.zacks.com/ap/MVO

Automated Insights, source Associated Press News

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