Key Highlights

• MV Oil Trust hit the 14.4 million barrel of oil equivalent production threshold, ending its net‑profits interest on June 30, 2026.

• The trust sold the volume required under its agreement, satisfying the contractual sales condition.

• A final cash distribution is scheduled for July 24, 2026, with unit cancellation planned after a July 27 delisting.

MV Oil Trust (NYSE: MVO) disclosed that its net‑profits interest concluded at the end of June 2026 after meeting the required production benchmark. The termination triggers a structured wind‑down of the trust’s assets and obligations.

Production Milestone

The trustee confirmed that cumulative output reached the minimum threshold of 14.4 million barrels of oil equivalent. This level of production satisfied the conveyance agreement that tied the trust’s existence to the volume of oil extracted and sold.

Termination and Dissolution

Effective June 30, 2026, the net‑profits interest was formally terminated, and the trust entered dissolution under its amended agreement. The trustee has begun the process of winding down all remaining business activities.

Final Distribution Schedule

Unit holders of record on July 15, 2026 will receive the last cash payout on July 24, 2026. The distribution marks the final financial event before the trust’s assets are fully liquidated.

Delisting Process

The trustee, Bank of New York Mellon Trust Co. N.A. Informed the NYSE of the intent to withdraw MV Oil Trust units from trading. The removal from the exchange is expected to be completed before the market opens on July 27, 2026.

Regulatory Filings

Following delisting, the trustee will submit a Form 15 certification to the SEC to terminate the trust’s registration under the Exchange Act. This filing will also suspend the trust’s periodic reporting requirements.

Outlook for Unit Holders

After the delisting and deregistration steps, the trustee plans to cancel all outstanding trust units. Investors should anticipate that the units will no longer trade and that any remaining entitlements will be settled through the final distribution.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.