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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
The Retirement of Your Dreams Awaits You… (Ad)
Stock market today: Wall Street clings to modest gains and marks another winning week
Dropbox’s stock is a falling knife worth catching
The Retirement of Your Dreams Awaits You… (Ad)
Novavax’s dispute resolution and upcoming earnings call
Stock ideas from the 2024 Microcap Conference
Laser breakthrough could send stock soaring 2,467% (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Warner Bros. Discover: Debt down, profits up, yet questions remain
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
The Retirement of Your Dreams Awaits You… (Ad)
Stock market today: Wall Street clings to modest gains and marks another winning week
Dropbox’s stock is a falling knife worth catching
The Retirement of Your Dreams Awaits You… (Ad)
Novavax’s dispute resolution and upcoming earnings call
Stock ideas from the 2024 Microcap Conference
Laser breakthrough could send stock soaring 2,467% (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Warner Bros. Discover: Debt down, profits up, yet questions remain
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
The Retirement of Your Dreams Awaits You… (Ad)
Stock market today: Wall Street clings to modest gains and marks another winning week
Dropbox’s stock is a falling knife worth catching
The Retirement of Your Dreams Awaits You… (Ad)
Novavax’s dispute resolution and upcoming earnings call
Stock ideas from the 2024 Microcap Conference
Laser breakthrough could send stock soaring 2,467% (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Warner Bros. Discover: Debt down, profits up, yet questions remain
NASDAQ:MARPS

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

$4.27
+0.07 (+1.67%)
(As of 02/23/2024 ET)
Today's Range
$4.27
$4.27
50-Day Range
$4.03
$4.80
52-Week Range
$3.94
$8.87
Volume
1,853 shs
Average Volume
6,128 shs
Market Capitalization
$8.54 million
P/E Ratio
9.49
Dividend Yield
7.73%
Price Target
N/A

Marine Petroleum Trust MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.10mentions of Marine Petroleum Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.26 out of 5 stars


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

Marine Petroleum Trust Un
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MARPS Dividend Yield Grade
MARPS - Marine Petroleum Trust
MARPS Marine Petroleum Trust
Marine Petroleum Trust (NASDAQ: MARPS)
See More Headlines
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Company Calendar

Ex-Dividend for 12/28 Dividend
11/29/2023
Dividend Payable
12/28/2023
Today
2/23/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Oil royalty traders
Sub-Industry
N/A
Current Symbol
NASDAQ:MARPS
Fax
N/A
Employees
2,021
Year Founded
N/A

Profitability

Net Income
$1.38 million
Pretax Margin
76.25%

Debt

Sales & Book Value

Annual Sales
$1.65 million
Cash Flow
$0.69 per share
Book Value
$0.50 per share

Miscellaneous

Free Float
N/A
Market Cap
$8.54 million
Optionable
Not Optionable
Beta
0.18
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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 beginning of 2024. Since then, MARPS shares have increased by 6.0% and is now trading at $4.2713.
View the best growth stocks for 2024 here
.

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 4,000 shares, an increase of 21.2% from the January 15th total of 3,300 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are sold short.
View Marine Petroleum Trust's Short Interest
.

When is Marine Petroleum Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 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 declared 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 dividend on an annualized basis and a dividend yield of 9.55%. The ex-dividend date is Wednesday, February 28th. This is a positive change 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 $0.33 per share and currently has a dividend yield of 7.88%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.33%. This payout ratio is at a healthy, sustainable level, below 75%.
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 2/24/2024 by MarketBeat.com Staff