Brief: Mv Oil Trust Says There Will Be No Trust Distribution Of Net Profits For Q2 Payment Period Ended June 30, 2020
July 6 (Reuters) - MV Oil Trust MVO.N :
* MV OIL TRUST - THERE WILL BE NO TRUST DISTRIBUTION OF NET
PROFITS FOR SECOND QTRLY PAYMENT PERIOD ENDED JUNE 30, 2020
* MV OIL TRUST - THERE ARE NOT SUFFICIENT NET PROCEEDS FOR
CO TO
MAKE A PAYMENT FOR SCHEDULED QTRLY DISTRIBUTION IN JULY 2020
* MV OIL TRUST - MV PARTNERS HAS APPLIED FUNDS FROM RESERVE
FOR
FUTURE EXPENDITURES TO COVER TRUST DEFICIT
Source text for Eikon: ID:nBw9lJttra
Further company coverage: MVO.N
(Reuters.Briefs@thomsonreuters.com)
Recent news on MV Oil Trust
See all newsU.S. STOCKS ON THE MOVE-Expedia Group, Skillz Inc
U.S. STOCKS ON THE MOVE-Rivian, FedEx, General Motors, Cerner
U.S. STOCKS ON THE MOVE-Moderna, Truist Financial, Clover Health, Blackstone Group
U.S. STOCKS ON THE MOVE-Ebang, Airbnb Inc, Scienjoy and Greenbrier Companies
Slips after scrapping Q2 distribution