Oppenheimer Starts MV Oil Trust (MVO) at Market Perform
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Oppenheimer initiates coverage on MV Oil Trust (NYSE: MVO) with a Market Perform rating.
MV Oil Trust is a statutory trust formed by MV Partners, LLC. 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 from properties located in Kansas and eastern Colorado.
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