Marine Petroleum Trust Company Profile (NASDAQ:MARPS)

About Marine Petroleum Trust (NASDAQ:MARPS)

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: Investment Trusts
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MARPS
  • CUSIP: N/A
  • Web: www.marps-marine.com
Capitalization:
  • Market Cap: $7.94 million
  • Outstanding Shares: 2,000,000
Average Prices:
  • 50 Day Moving Avg: $3.56
  • 200 Day Moving Avg: $3.80
  • 52 Week Range: $2.94 - $5.46
P/E:
  • Trailing P/E Ratio: 13.8949
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $798,246.00
  • Price / Sales: 9.95
  • Book Value: $0.46 per share
  • Price / Book: 8.71
Dividend:
  • Annual Dividend: $0.51
  • Dividend Yield: 12.4%
Profitability:
  • Net Margins: 74.22%
  • Return on Equity: 68.05%
  • Return on Assets: 68.05%
Misc:
  • Average Volume: 772 shs.
  • Beta: 1.98
  • Short Ratio: 0.41
 

Frequently Asked Questions for Marine Petroleum Trust (NASDAQ:MARPS)

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 Monday, August 21st. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.126 per share on Thursday, September 28th. This represents a $0.50 annualized dividend and a yield of 12.69%. The ex-dividend date of this dividend is Tuesday, August 29th. This is a positive change from Marine Petroleum Trust's previous quarterly dividend of $0.10. View Marine Petroleum Trust's Dividend History.

When will Marine Petroleum Trust make its next earnings announcement?

Marine Petroleum Trust is scheduled to release their next quarterly earnings announcement on Friday, September, 22nd 2017. View Earnings Estimates for Marine Petroleum Trust.

Who are some of Marine Petroleum Trust's key competitors?

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.

What is Marine Petroleum Trust's stock price today?

One share of Marine Petroleum Trust stock can currently be purchased for approximately $3.97.


MarketBeat Community Rating for Marine Petroleum Trust (NASDAQ MARPS)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  22 (Vote Underperform)
Total Votes:  47
MarketBeat's community ratings are surveys of what our community members think about Marine Petroleum Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Marine Petroleum Trust (NASDAQ:MARPS) (How are Consensus Ratings Calculated?)
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)
Next Dividend:9/28/2017
Annual Dividend:$0.51
Dividend Yield:12.84%
Payout Ratio:170.00% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Marine Petroleum Trust (NASDAQ:MARPS)

Dividend History by Quarter for Marine Petroleum Trust (NASDAQ MARPS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/21/2017quarterly$0.1314.23%8/29/20178/31/20179/28/2017
5/22/2017quarterly$0.109.49%5/26/20175/31/20176/28/2017
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

Headline Trends for Marine Petroleum Trust (NASDAQ:MARPS)
Latest Headlines for Marine Petroleum Trust (NASDAQ:MARPS)
Source:
DateHeadline
americanbankingnews.com logoMarine Petroleum Trust Declares Dividend of $0.13 (MARPS)
www.americanbankingnews.com - August 22 at 9:16 AM
finance.yahoo.com logoMarine Petroleum Trust :MARPS-US: Earnings Analysis: Q3, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 10:09 AM
americanbankingnews.com logoMarine Petroleum Trust (MARPS) Raises Dividend to $0.10 Per Share
www.americanbankingnews.com - May 22 at 5:32 PM
streetinsider.com logoMarine Petroleum Trust (MARPS) Declares $0.045774 Quarterly Dividend; 3.3% Yield
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
us.rd.yahoo.com - February 17 at 2:11 PM
nasdaq.com logoMarine Petroleum Trust (MARPS) Ex-Dividend Date Scheduled for August
www.nasdaq.com - August 26 at 5:51 PM
reuters.com logoBRIEF-Marine Petroleum Trust announces Q3 cash distribution
www.reuters.com - August 20 at 10:09 AM
thestreet.com logoWorst of the Worst: Stay Away From This Awful Energy Royalty Trust
www.thestreet.com - May 24 at 1:30 PM
finance.yahoo.com logoMarine Petroleum Trust Announces First Quarter Cash Distribution
finance.yahoo.com - February 19 at 9:00 AM
finance.yahoo.com logoMarine Petroleum Trust (MARPS)
finance.yahoo.com - January 24 at 5:48 PM
finance.yahoo.com logoMARINE PETROLEUM TRUST Financials
finance.yahoo.com - December 8 at 1:18 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - November 18 at 2:34 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 16 at 12:28 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 10-K, Annual Report
biz.yahoo.com - September 25 at 4:45 PM

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Chart

Marine Petroleum Trust (MARPS) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff