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NASDAQ:MARPS

Marine Petroleum Trust (MARPS) Stock Price, News & Analysis

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Free MARPS Stock Alerts
$4.45
+0.15 (+3.49%)
(As of 05/17/2024 08:53 PM ET)
Compare
Today's Range
$4.27
▼
$4.67
50-Day Range
$3.96
▼
$5.39
52-Week Range
$3.90
▼
$7.83
Volume
12,900 shs
Average Volume
12,686 shs
Market Capitalization
$8.90 million
P/E Ratio
11.13
Dividend Yield
9.21%
Price Target
N/A
Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media
MARPS stock logo

About Marine Petroleum Trust Stock (NASDAQ: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.

MARPS Stock Price History

MARPS Stock News Headlines

May 13, 2024 | americanbankingnews.com
Marine Petroleum Trust (NASDAQ:MARPS) Receives New Coverage from Analysts at StockNews.com
February 23, 2024 | wsj.com
Marine Petroleum Trust Un
February 22, 2024 | benzinga.com
Marine Petroleum Trust Stock (NASDAQ:MARPS), Short Interest Report
February 22, 2024 | benzinga.com
Marine Petroleum Trust Stock (NASDAQ:MARPS), Quotes and News Summary
February 16, 2024 | prnewswire.com
MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION
January 22, 2024 | finance.yahoo.com
MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION
January 22, 2024 | finance.yahoo.com
MARINE PETROLEUM TRUST ANNOUNCES SECOND QUARTER CASH DISTRIBUTION
January 22, 2024 | finance.yahoo.com
MARINE PETROLEUM TRUST ANNOUNCES THIRD QUARTER CASH DISTRIBUTION
January 22, 2024 | finance.yahoo.com
MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION
November 18, 2023 | seekingalpha.com
MARPS Dividend Yield Grade
November 17, 2023 | msn.com
Marine Petroleum Trust dividend declines by 31.4% to $0.0836
November 3, 2023 | msn.com
BOOM, MARPS major energy losers; IEP major gainer
August 30, 2023 | msn.com
Marine Petroleum Trust - Unit (MARPS) Declares $0.12 Dividend
July 21, 2023 | finance.yahoo.com
MARPS - Marine Petroleum Trust
May 20, 2023 | msn.com
Marine Petroleum Trust - Unit (MARPS) Declares $0.11 Dividend
May 19, 2023 | msn.com
Marine Petroleum Trust reduces dividend by 30.8%
May 19, 2023 | seekingalpha.com
MARPS Marine Petroleum Trust
February 17, 2023 | msn.com
Marine Petroleum Trust declares $0.1593 dividend
November 24, 2022 | benzinga.com
Marine Petroleum Trust's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
September 14, 2022 | fool.com
Marine Petroleum Trust (NASDAQ: MARPS)
August 25, 2022 | msn.com
Marine Petroleum Trust: Dividend Insights
June 21, 2022 | thestreet.com
Marine Petroleum Trust Units of Beneficial Interest
May 23, 2022 | seekingalpha.com
Marine Petroleum Trust raises dividend by 84% to $0.1975
April 18, 2022 | seekingalpha.com
Enservco leads Energy/Material gainers; IAMGOLD and Zymergen among losers
April 16, 2022 | uk.investing.com
Adagio Pauses FDA Emergency Use Request For Its COVID-19 Therapy
See More Headlines

Company Calendar

Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Today
5/20/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
9/24/2024
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Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Oils/Energy
Industry
Oil royalty traders
Sub-Industry
N/A
Current Symbol
NASDAQ:MARPS
CUSIP
N/A
CIK
62362
Web
www.marps-marine.com
Phone
(855) 588-7839
Fax
N/A
Employees
2,021
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$0.40
Trailing P/E Ratio
11.13
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$1.38 million
Net Margins
70.95%
Pretax Margin
70.93%
Return on Equity
83.39%
Return on Assets
83.39%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$1.65 million
Price / Sales
5.39
Cash Flow
$0.69 per share
Price / Cash Flow
6.47
Book Value
$0.45 per share
Price / Book
9.89

Miscellaneous

Outstanding Shares
2,000,000
Free Float
N/A
Market Cap
$8.90 million
Optionable
Not Optionable
Beta
0.14

Key Executives

  • Mr. Ron E. Hooper
    Senior Vice President of Argent Trust Company - Trustee

Key Competitors

View All Competitors

MARPS Stock Analysis - Frequently Asked Questions

How have MARPS shares performed in 2024?

Marine Petroleum Trust's stock was trading at $4.03 at the start of the year. Since then, MARPS shares have increased by 10.4% and is now trading at $4.45.
View the best growth stocks for 2024 here.

When is Marine Petroleum Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 24th 2024.
View our MARPS earnings forecast.

How often does Marine Petroleum Trust pay dividends? What is the dividend yield for Marine Petroleum Trust?

Marine Petroleum Trust announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, February 29th will be paid a dividend of $0.102 per share on Thursday, March 28th. This represents a $0.41 annualized dividend and a yield of 9.17%. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for MARPS.

Is Marine Petroleum Trust a good dividend stock?

Marine Petroleum Trust (NASDAQ:MARPS) pays an annual dividend of $0.41 per share and currently has a dividend yield of 9.13%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 102.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MARPS.

How do I buy shares of Marine Petroleum Trust?

Shares of MARPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MARPS) was last updated on 5/20/2024 by MarketBeat.com Staff

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