| MV Oil Trust is a statutory trust formed among MV Partners, LLC (MV Partners) as trustor, The Bank of New York Mellon Trust Company, N.A., as trustee, and Wilmington Trust Company, as Delaware trustee. Co. acquires and holds a term net profits interest for the benefit of its unitholders pursuant to a conveyance from MV Partners to Co. The term net profits interest is an interest in underlying properties consisting of MV Partner's net interests in all of its oil and natural gas properties in the Mid-Continent region in Kansas and Colorado (the underlying properties). A portion of the net acres included in the underlying properties are located in El Dorado Area and Northwest Kansas Area. We show 33 historical shares outstanding datapoints in our coverage of MVO's shares outstanding history.
Understanding the changing numbers of MVO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MVO versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MVO by allowing them to research MVO shares outstanding history
as well as any other stock in our coverage universe.