Marine Petroleum Trust (MARPS)

NASDAQ: MARPS · Delayed Price · USD
7.65
-0.09 (-1.16%)
At close: May 18, 2022 4:00 PM
7.48
-0.17 (-2.22%)
Pre-market:May 19, 2022 5:23 AM EDT
Market Cap15.30M
Revenue (ttm)1.11M
Net Income (ttm)883,144
Shares Out2.00M
EPS (ttm)0.25
PE Ratio30.12
Forward PEn/a
Dividend$0.31 (4.00%)
Ex-Dividend DateFeb 25, 2022
Volume62,328
Open7.75
Previous Close7.74
Day's Range7.50 - 8.01
52-Week Range3.75 - 32.00
Beta0.52
Analystsn/a
Price Targetn/a
Earnings DateMay 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.

IndustryOil, Gas & Consumable Fuels
Founded1956
Employees2,021
Stock ExchangeNASDAQ
Ticker SymbolMARPS
Full Company Profile

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 Statements

News

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...

1 month 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 since ...

2 months ago - Benzinga

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.

2 months ago - InvestorPlace

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...

3 months ago - PRNewsWire

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...

5 months 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 u...

8 months 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 un...

1 year 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 u...

1 year 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 a...

Other symbols:CLNEREGI
1 year ago - GuruFocus