Marine Petroleum Trust (MARPS)
|Net Income (ttm)||471,598|
|Trading Day||January 22|
|Day's Range||3.87 - 4.38|
|52-Week Range||1.05 - 4.39|
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 dur...
Dividends By The Numbers In August 2020
DALLAS, Aug. 21, 2020 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.04...
DALLAS, May 18, 2020 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.103...
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of June 30, 2020, it had an overriding royalty interest in 59 oil and natural gas leases covering an aggregate of 217,056 gross acres located in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. The company was founded in 1956 and is based in Dallas, Texas.
Oil & Gas Equipment & Services
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In 2020, MARPS's revenue was $788,185, a decrease of -8.41% compared to the previous year's $860,543. Earnings were $574,110, a decrease of -9.46%.