Marine Petroleum Trust (MARPS)
| Market Cap | 15.30M |
| Revenue (ttm) | 1.11M |
| Net Income (ttm) | 883,144 |
| Shares Out | 2.00M |
| EPS (ttm) | 0.25 |
| PE Ratio | 30.12 |
| Forward PE | n/a |
| Dividend | $0.31 (4.00%) |
| Ex-Dividend Date | Feb 25, 2022 |
| Volume | 62,328 |
| Open | 7.75 |
| Previous Close | 7.74 |
| Day's Range | 7.50 - 8.01 |
| 52-Week Range | 3.75 - 32.00 |
| Beta | 0.52 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 23, 2022 |
About MARPS
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of June 30, 2021, the company had an overriding royalty interest in 55 oil and natural gas leases covering approximately 199,868 gross acres located in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was incorporated in 1956 and is based in Dallas, Texas.
Financial Performance
In 2021, MARPS's revenue was $386,817, a decrease of -50.92% compared to the previous year's $788,185. Earnings were $161,580, a decrease of -71.86%.
Financial StatementsNews
Marine Petroleum Trust Shares Are Surging: What's Going On?
Marine Petroleum Trust (NASDAQ: MARPS) shares are trading higher Thursday on continued volatility. The nano-cap energy stock has surged amid strength in oil prices in recent months, but it has been tren...
Why Marine Petroleum Trust Shares Are Rising Today
Marine Petroleum Trust (NASDAQ: MARPS) is soaring Monday as oil prices continue to surge amid supply disruptions in the wake of Russia's invasion of Ukraine. Oil has climbed to the highest levels since ...
What Is the Marine Petroleum Trust (MARPS) and Why Is It Up Today?
The current oil boom has sent the Marine Petroleum Trust shooting up. Here's what investors need to know about MARPS.
MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION
DALLAS, Feb. 17, 2022 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.107485 per u...
Marine Petroleum Trust Announces Fourth Quarter Cash Distribution
DALLAS, Nov. 19, 2021 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.106743 per u...
Marine Petroleum Trust Announces Third Quarter Cash Distribution
DALLAS, Aug. 20, 2021 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.064312 per u...
Marine Petroleum Trust Announces Second Quarter Cash Distribution
DALLAS, May 18, 2021 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.028228 per un...
Marine Petroleum Trust Announces First Quarter Cash Distribution and Extension of Trust to June 1, 2041
DALLAS, Feb. 16, 2021 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.018129 per u...
3 Oil and Gas Companies to Drill in 2021
In light of crude oil prices topping $50 for the first time in almost a year, three oil and gas companies that have high financial strength and outperformed the Standard & Poor's 500 Index during 2020 a...