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Enter Symbol:
 
Mv Oil Trust (MVO) [hlAlert]

Rating:
Underperform
MVO
up 346.11 %

Mv Oil Trust (MVO) downgraded to Underperform by Raymond James

Posted on: Tuesday,  Oct 8, 2013  8:25 AM ET by Raymond James

Raymond James rated Underperform Mv Oil Trust (NYSE: MVO) on 10/08/2013, when the stock price was $29.31. Since
then, Mv Oil Trust has lost 77.58% as of 08/28/2015's recent price of $6.57.
If you would have followed this Raymond James's recommendation on MVO, you would have gained 346.11% of your investment in 689 days.

MV Oil Trust (the Trust) is a statutory trust formed by MV Partners, LLC (MV Partners). The Trust was formed to acquire and hold a term net profits interest for the benefit of the Trust unitholders pursuant to a conveyance from MV Partners to the Trust. MV Partners is a limited liability company engaged in the exploration, development, production, gathering, aggregation and sale of oil and natural gas, primarily in the Mid-Continent region in the United States. 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 located in the Mid-Continent region in the states of Kansas and Colorado (the underlying properties). These oil and gas properties include 1,004 producing oil and gas wells. The business and affairs of the trust are managed by The Bank of New York Mellon Trust Company, N.A. As of December 31, 2008, the underlying properties produced predominantly oil from 1,004 wells.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2013 8:25 AM Sell
None
29.31
as of 12/13/2013
1 Week up  6.98 %
1 Month up  10.51 %
3 Months up  16.37 %
1 YTD up  16.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/9/2013 8:25 AM Hold
None
29.03

(*) Stock Price at the time of the recommendation.
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