Marine Petroleum Trust Company Profile (NASDAQ:MARPS)

About Marine Petroleum Trust

Marine Petroleum Trust logoMarine Petroleum Trust (the Trust) is a royalty trust. The Trust is engaged in the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico, under license agreements and amendments between the Trust's predecessors and Chevron Corporation (Chevron) and its assignees. The Trust distributes all income, after paying its liabilities and obligations, to the unit holders during the months of March, June, September and December each year. The Trust's subsidiary, Marine Petroleum Corporation (MPC), holds title to interests in properties subject to the Trust's interests that are situated offshore of Louisiana. MPC is engaged in the administration and collection of royalties. As of June 30, 2016, MPC held an overriding royalty interest equal to 0.75% of the value at the well of any oil, natural gas, or other minerals produced and sold from the leases. All aspects of MPC's operations are conducted by third parties.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Diversified Investments
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MARPS
  • CUSIP:
Key Metrics:
  • Previous Close: $4.91
  • 50 Day Moving Average: $5.26
  • 200 Day Moving Average: $4.12
  • 52-Week Range: $2.91 - $6.00
  • Trailing P/E Ratio: 16.05
  • P/E Growth: 0.00
  • Market Cap: $9.82M
  • Outstanding Shares: 2,000,000
  • Beta: 1.94
Profitability:
  • Net Margins: 76.09%
  • Return on Equity: 72.62%
  • Return on Assets: 72.62%
Additional Links:
Companies Related to Marine Petroleum Trust:

Analyst Ratings

Consensus Ratings for Marine Petroleum Trust (NASDAQ:MARPS) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Marine Petroleum Trust (NASDAQ:MARPS)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Marine Petroleum Trust (NASDAQ:MARPS)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Marine Petroleum Trust (NASDAQ:MARPS)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Marine Petroleum Trust (NASDAQ:MARPS)
Annual Dividend:$0.36
Dividend Yield:7.33%
Payout Ratio:116.13% (Based on Trailing 12 Months of Earnings)

Dividend History for Marine Petroleum Trust (NASDAQ:MARPS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/21/2017quarterly$0.053.4%2/24/20172/28/20173/28/2017
11/18/2016Quarterly$0.0911.57%11/28/201611/30/201612/28/2016
8/19/2016quarterly$0.044.44%8/29/20168/31/20169/28/2016
5/23/2016quarterly$0.075.71%5/26/20165/31/20166/28/2016
2/22/2016quarterly$0.099.05%2/25/20162/29/20163/28/2016
11/19/2015quarterly$0.074.36%11/25/201511/30/201512/28/2015
5/19/2015quarterly$0.144.93%5/27/20155/29/20156/26/2015
2/18/2015quarterly$0.3110%2/25/20152/27/20153/27/2015
11/17/2014quarterly$0.297.93%11/25/201411/28/201412/26/2014
8/19/2014quarterly$0.378.69%8/27/20148/29/20149/26/2014
5/19/2014quarterly$0.306.4%5/28/20145/30/20146/27/2014
2/18/2014quarterly$0.368.96%2/26/20142/28/20143/28/2014
11/19/2013quarterly$0.389.7%11/26/201311/29/201312/30/2013
8/21/2013quarterly$0.358.09%8/28/20138/30/20139/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Marine Petroleum Trust (NASDAQ:MARPS)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Marine Petroleum Trust (NASDAQ:MARPS)
DateHeadline
4-traders.com logoMARINE PETROLEUM TRUST (NASDAQ:MARPS) Files An 8-K Regulation FD Disclosure (NASDAQ:MARPS)
www.4-traders.com - February 21 at 6:35 PM
streetinsider.com logoMarine Petroleum Trust (MARPS) Declares $0.045774 Quarterly Dividend; 3.3% Yield (NASDAQ:MARPS)
www.streetinsider.com - February 19 at 5:33 PM
us.rd.yahoo.com logo10:01 am Marine Petroleum Trust lowers quarterly distribution to $0.045774/unit from $0.091087/unit (NASDAQ:MARPS)
us.rd.yahoo.com - February 17 at 2:11 PM
4-traders.com logoMARINE PETROLEUM TRUST : Trustee's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) (NASDAQ:MARPS)
www.4-traders.com - February 14 at 7:58 PM
capitalcube.com logoMarine Petroleum Trust: Gathering momentum, can it sustain its performance? (NASDAQ:MARPS)
www.capitalcube.com - December 13 at 6:51 PM
News IconAPI applauds House action to strengthen America’s maritime infrastructure (NASDAQ:MARPS)
www.api.org - December 8 at 6:58 PM
capitalcube.com logoMarine Petroleum Trust :MARPS-US: Earnings Analysis: Q1, 2017 By the Numbers : November 15, 2016 (NASDAQ:MARPS)
www.capitalcube.com - November 15 at 6:40 PM
capitalcube.com logoMarine Petroleum Trust :MARPS-US: Earnings Analysis: 2016 By the Numbers : September 27, 2016 (NASDAQ:MARPS)
www.capitalcube.com - September 27 at 10:39 AM
4-traders.com logoMARINE PETROLEUM TRUST : TRUSTEE'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) (NASDAQ:MARPS)
www.4-traders.com - September 23 at 5:41 PM
nasdaq.com logoMarine Petroleum Trust (MARPS) Ex-Dividend Date Scheduled for August (NASDAQ:MARPS)
www.nasdaq.com - August 26 at 5:51 PM
reuters.com logoBRIEF-Marine Petroleum Trust announces Q3 cash distribution (NASDAQ:MARPS)
www.reuters.com - August 20 at 10:09 AM
4-traders.com logoMARINE PETROLEUM TRUST : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NASDAQ:MARPS)
www.4-traders.com - August 20 at 10:09 AM
thestreet.com logoWorst of the Worst: Stay Away From This Awful Energy Royalty Trust (NASDAQ:MARPS)
www.thestreet.com - May 24 at 1:30 PM
capitalcube.com logoMarine Petroleum Trust :MARPS-US: Earnings Analysis: Q3, 2016 By the Numbers (NASDAQ:MARPS)
www.capitalcube.com - May 19 at 2:08 PM
capitalcube.com logoMarine Petroleum Trust: Price momentum supported by strong fundamentals (NASDAQ:MARPS)
www.capitalcube.com - March 29 at 4:25 PM
4-traders.com logoMarine Petroleum : Announces First Quarter Cash Distribution (NASDAQ:MARPS)
www.4-traders.com - February 23 at 2:02 PM
finance.yahoo.com logoMarine Petroleum Trust Announces First Quarter Cash Distribution (NASDAQ:MARPS)
finance.yahoo.com - February 19 at 9:00 AM
finance.yahoo.com logoMarine Petroleum Trust (MARPS) (NASDAQ:MARPS)
finance.yahoo.com - January 24 at 5:48 PM
finance.yahoo.com logoMARINE PETROLEUM TRUST Financials (NASDAQ:MARPS)
finance.yahoo.com - December 8 at 1:18 PM
capitalcube.com logoMarine Petroleum Trust Earnings Q1, 2016 (NASDAQ:MARPS)
www.capitalcube.com - December 1 at 11:44 AM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:MARPS)
biz.yahoo.com - November 18 at 2:34 PM
noodls.com logoMarine Petroleum Trust Announces Fourth Quarter Cash Distribution (NASDAQ:MARPS)
www.noodls.com - November 18 at 2:27 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 10-Q, Quarterly Report (NASDAQ:MARPS)
biz.yahoo.com - November 16 at 12:28 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 10-K, Annual Report (NASDAQ:MARPS)
biz.yahoo.com - September 25 at 4:45 PM
noodls.com logoMarine Petroleum Trust Announces Third Quarter Cash Distribution (NASDAQ:MARPS)
www.noodls.com - August 24 at 9:34 AM
noodls.com logoMarine Petroleum Trust Announces Second Quarter Cash Distribution (NASDAQ:MARPS)
www.noodls.com - May 19 at 1:36 PM

Social

What is Marine Petroleum Trust's stock symbol?

Marine Petroleum Trust trades on the NASDAQ under the ticker symbol "MARPS."

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 Tuesday, February 21st. Investors of record on Tuesday, February 28th will be paid a dividend of $0.0458 per share on Tuesday, March 28th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend is Friday, February 24th.

How do I buy Marine Petroleum Trust stock?

Shares of Marine Petroleum Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Marine Petroleum Trust stock cost?

One share of Marine Petroleum Trust stock can currently be purchased for approximately $4.91.

Marine Petroleum Trust (NASDAQ:MARPS) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Marine Petroleum Trust (NASDAQ:MARPS)

Earnings History Chart

Earnings by Quarter for Marine Petroleum Trust (NASDAQ:MARPS)

Dividend History Chart

Dividend Payments by Quarter for Marine Petroleum Trust (NASDAQ:MARPS)

Last Updated on 2/24/2017 by MarketBeat.com Staff