Marine Petroleum Trust (MARPS)

NASDAQ: MARPS · IEX Real-Time Price · USD
4.120
-0.070 (-1.67%)
At close: Mar 28, 2024, 3:58 PM
4.150
+0.030 (0.73%)
After-hours: Mar 28, 2024, 4:00 PM EDT
-1.67%
Market Cap 8.40M
Revenue (ttm) 1.18M
Net Income (ttm) 901,374
Shares Out 2.00M
EPS (ttm) 0.45
PE Ratio 9.16
Forward PE n/a
Dividend $0.41 (9.87%)
Ex-Dividend Date Feb 28, 2024
Volume 4,502
Open 4.230
Previous Close 4.190
Day's Range 4.100 - 4.230
52-Week Range 3.940 - 8.870
Beta 0.18
Analysts n/a
Price Target n/a
Earnings Date May 15, 2023

About MARPS

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas. [Read more]

Sector Energy
Founded 1956
Country United States
Stock Exchange NASDAQ
Ticker Symbol MARPS
Full Company Profile

Financial Performance

In 2023, MARPS's revenue was $1.65 million, an increase of 14.36% compared to the previous year's $1.44 million. Earnings were $1.38 million, an increase of 14.22%.

Financial Statements

News

MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION

DALLAS , Feb. 16, 2024 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.101611 pe...

5 weeks ago - PRNewsWire

MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION

DALLAS , Nov. 17, 2023 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.083661 pe...

4 months ago - PRNewsWire

MARINE PETROLEUM TRUST ANNOUNCES THIRD QUARTER CASH DISTRIBUTION

DALLAS , Aug. 21, 2023 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.121831 pe...

7 months ago - PRNewsWire

MARINE PETROLEUM TRUST ANNOUNCES SECOND QUARTER CASH DISTRIBUTION

DALLAS , May 19, 2023 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.110168 per...

11 months ago - PRNewsWire

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 tr...

2 years ago - Benzinga

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 sinc...

2 years ago - Benzinga

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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 ...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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...

Other symbols: CLNE
3 years ago - GuruFocus