MV Oil Trust (MVO)

[OilStockReport]

Agreed. Saw a suggestion to add it to your watch list. Thats definitely a good thing.

MV Oil Trust (NYSE: MVO )
MV Oil Trust has nearly 1,000 oil and natural gas wells in Kansas and Colorado. The company recently announced its upcoming distribution will be $0.82, for a trailing-12-month yield of 7.2%, high enough to keep the firm on the list of the highest-yielding royalty trusts. MV Oil Trust has a higher yield than competitors Penn West Petroleum (NYSE: PWE ) at 3.9% and EV Energy Partners (Nasdaq: EVEP ) with a yield of 5.4%. I like MV Oil Trust better than its competition for its high yield and exposure to rising oil prices as 98% of its proved reserves are made up of oil.