MV Oil Trust (MVO), a statutory trust focused on oil and natural gas properties in Kansas and Colorado, has experienced a sharp decline in its stock price over the past year. As of January 2, 2026, shares closed at $1.37, marking an 83.78% drop from the year-ago price of $8.45. This performance significantly underperformed both the U.S. oil and gas industry, which returned 1.9%, and the broader market.
Established in 2007, MV Oil Trust operates as a royalty trust, passing through net profits from its underlying assets to unitholders. The trust holds interests in producing wells managed by MV Partners, LLC, with a market capitalization of just $15.76 million and 11.5 million units outstanding. However, the trust is scheduled to terminate in July 2026, which has contributed to investor concerns and the steep sell-off.
Financially, MVO reported $18.58 million in revenue for 2024, a modest 2.81% increase from the prior year, with earnings of $17.65 million. Recent quarters show pressure from lower commodity prices. For the third quarter of 2025, distributable income fell to $2.13 million, resulting in a distribution of $0.205 per unit, down from previous levels. Total distributions for 2025 amounted to $0.905 per unit, a 41% decline year-over-year. Analysts note the high yield but warn of the impending end to all future payouts upon termination.
Technical indicators paint a bearish picture. The stock is in a downtrend with low relative strength, having been outperformed by 99.1% of the market. AI-driven ratings assign a sell signal, with a score of 3/10 and a 46% probability of underperformance. Short-term moving averages suggest a buy signal, but long-term trends indicate selling pressure.
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The outlook remains challenging due to depleting assets, volatile oil prices, and the trust’s closure. Investors holding for yield should prepare for the final distribution in 2026, after which the trust will wind down. MarketBeat ranks MVO poorly among energy stocks, scoring higher than only 8% of peers.

