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 MVO shares outstanding history coverage, used to compute MVO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MVO market cap history over the course of time is important for investors
interested in comparing MVO's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of MVO versus a peer is one thing; comparing
MVO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MVO can fluctuate over the course of history.
With this page we aim to empower investors researching MVO by allowing them to research the MVO market cap history. |
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Video: The Importance of Market Cap
