Marine 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
Stock Exchange NASDAQ
Industry Oil royalty traders
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:MARPS
Previous Symbol
CUSIPN/A
Phone855-588-7839
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio8.08
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$870,000.00
Price / Sales7.26
Cash Flow$0.3398 per share
Price / Cash9.30
Book Value$0.49 per share
Price / Book6.45
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$660,000.00
Net Margins76.54%
Return on Equity72.43%
Return on Assets72.43%
Miscellaneous
EmployeesN/A
Outstanding Shares2,000,000
Market Cap$6.14 million
OptionableNot Optionable
Marine Petroleum Trust (NASDAQ:MARPS) Frequently Asked Questions
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 declared a quarterly dividend on Tuesday, August 21st. Investors of record on Friday, August 31st will be paid a dividend of $0.09 per share on Friday, September 28th. This represents a $0.36 annualized dividend and a yield of 11.39%. The ex-dividend date is Thursday, August 30th. View Marine Petroleum Trust's Dividend History.
When is Marine Petroleum Trust's next earnings date?
Has Marine Petroleum Trust been receiving favorable news coverage?
News headlines about MARPS stock have trended neutral this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Marine Petroleum Trust earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the energy company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of Marine Petroleum Trust's key competitors?
How do I buy shares of Marine Petroleum Trust?
Shares of MARPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marine Petroleum Trust's stock price today?
One share of MARPS stock can currently be purchased for approximately $3.16.
How big of a company is Marine Petroleum Trust?
Marine Petroleum Trust has a market capitalization of $6.14 million and generates $870,000.00 in revenue each year.
What is Marine Petroleum Trust's official website?
How can I contact Marine Petroleum Trust?
Marine Petroleum Trust's mailing address is 2911 TURTLE CREEK BLVD, DALLAS TX, 75219. The energy company can be reached via phone at 855-588-7839 or via email at [email protected]
MarketBeat Community Rating for Marine Petroleum Trust (NASDAQ MARPS)
MarketBeat's community ratings are surveys of what our community members think about Marine Petroleum Trust and other stocks. Vote "Outperform" if you believe MARPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MARPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
