About Marine Petroleum Trust
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. The Trust holds 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. The Trust holds an interest in Tidelands Royalty Trust B (Tidelands), a separate Texas trust, which owns interests in four leases. The Trust's interests cover an aggregate of approximately 217,056 gross acres, including Tidelands' interest in approximately 17,188 gross acres. 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. Around 98% of all oil, natural gas and other mineral royalties collected by MPC, less the receiving and collection costs, are retained by and delivered to the Trust.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Diversified Investments
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: MARPS
- CUSIP:
Key Metrics:
- Previous Close: $3.44
- 50 Day Moving Average: $3.7149
- 200 Day Moving Average: $4.5038
- 52-Week Range: $3.07 - $7.70
- Trailing P/E Ratio: 9.7294
- P/E Growth: 0.0000
- Market Cap: $6.89M
- Outstanding Shares: 2,000,000
- Beta: 1.57
Profitability:- Net Margins: 80.62%
- Return on Equity: 99.51%
- Return on Assets: 99.51%
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Consensus Ratings for Marine Petroleum Trust (NASDAQ:MARPS) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| 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)
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Earnings History for Marine Petroleum Trust (NASDAQ:MARPS)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Marine Petroleum Trust (NASDAQ:MARPS)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Marine Petroleum Trust (NASDAQ:MARPS)| Annual Dividend: | $0.17 |
| Dividend Yield: | 4.94% |
| Payout Ratio: | 42.50% (Based on Trailing 12 Months of Earnings)
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Dividend History for Marine Petroleum Trust (NASDAQ:MARPS)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/19/2016 | quarterly | $0.04 | 4.44% | 8/29/2016 | 8/31/2016 | 9/28/2016 |
| 5/23/2016 | quarterly | $0.07 | 5.71% | 5/26/2016 | 5/31/2016 | 6/28/2016 |
| 2/22/2016 | quarterly | $0.09 | 9.05% | 2/25/2016 | 2/29/2016 | 3/28/2016 |
| 11/19/2015 | quarterly | $0.07 | 4.36% | 11/25/2015 | 11/30/2015 | 12/28/2015 |
| 5/19/2015 | quarterly | $0.14 | 4.93% | 5/27/2015 | 5/29/2015 | 6/26/2015 |
| 2/18/2015 | quarterly | $0.31 | 10% | 2/25/2015 | 2/27/2015 | 3/27/2015 |
| 11/17/2014 | quarterly | $0.29 | 7.93% | 11/25/2014 | 11/28/2014 | 12/26/2014 |
| 8/19/2014 | quarterly | $0.37 | 8.69% | 8/27/2014 | 8/29/2014 | 9/26/2014 |
| 5/19/2014 | quarterly | $0.30 | 6.4% | 5/28/2014 | 5/30/2014 | 6/27/2014 |
| 2/18/2014 | quarterly | $0.36 | 8.96% | 2/26/2014 | 2/28/2014 | 3/28/2014 |
| 11/19/2013 | quarterly | $0.38 | 9.7% | 11/26/2013 | 11/29/2013 | 12/30/2013 |
| 8/21/2013 | quarterly | $0.35 | 8.09% | 8/28/2013 | 8/30/2013 | 9/30/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Marine Petroleum Trust (NASDAQ:MARPS)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Marine Petroleum Trust (NASDAQ:MARPS)
Marine Petroleum Trust (NASDAQ:MARPS) Chart for Tuesday, September, 27, 2016
