How have MARPS shares performed in 2023?

Marine Petroleum Trust's stock was trading at $7.01 at the start of the year. Since then, MARPS shares have decreased by 37.9% and is now trading at $4.35. View the best growth stocks for 2023 here .

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 100 shares, a decrease of 50.0% from the October 31st total of 200 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are short sold. 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 Tuesday, February 13th 2024. View our MARPS earnings forecast .

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) announced its quarterly earnings data on Monday, November, 13th. The energy company reported $0.11 earnings per share for the quarter. The energy company earned $0.31 million during the quarter. Marine Petroleum Trust had a trailing twelve-month return on equity of 110.19% and a net margin of 79.84%.

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 Friday, November 17th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.084 per share on Thursday, December 28th. This represents a $0.34 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date of this dividend is Wednesday, November 29th. 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 7.80%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.11%. 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$4.35

+0.06 (+1.40%)

(As of 12/8/2023 ET)

Compare

Today's Range: $4.30
▼
$4.49
50-Day Range: $4.29
▼
$5.49
52-Week Range: $4.28
▼
$8.87

Volume: 4,478 shs
Average Volume: 4,439 shs
Market Capitalization: $8.70 million

P/E Ratio: 8.06
Dividend Yield: 7.59%
Price Target: N/A

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

30 days | 90 days | 365 days | Advanced Chart

MARPS Stock News Headlines

December 5, 2023 | americanbankingnews.com

Marine Petroleum Trust (NASDAQ:MARPS) Now Covered by StockNews.com

November 29, 2023 | americanbankingnews.com

Marine Petroleum Trust (NASDAQ:MARPS) Sees Large Decrease in Short Interest

December 9, 2023 | DTI Trader (Ad)

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November 18, 2023 | seekingalpha.com

MARPS Dividend Yield Grade

November 17, 2023 | msn.com

Marine Petroleum Trust dividend declines by 31.4% to $0.0836

November 3, 2023 | msn.com

BOOM, MARPS major energy losers; IEP major gainer

August 30, 2023 | msn.com

Marine Petroleum Trust - Unit (MARPS) Declares $0.12 Dividend

July 21, 2023 | finance.yahoo.com

MARPS - Marine Petroleum Trust

December 9, 2023 | Autonomix (Ad)

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May 20, 2023 | msn.com

Marine Petroleum Trust - Unit (MARPS) Declares $0.11 Dividend

May 19, 2023 | msn.com

Marine Petroleum Trust reduces dividend by 30.8%

May 19, 2023 | seekingalpha.com

MARPS Marine Petroleum Trust

February 17, 2023 | msn.com

Marine Petroleum Trust declares $0.1593 dividend

November 24, 2022 | benzinga.com

Marine Petroleum Trust's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

September 14, 2022 | fool.com

Marine Petroleum Trust (NASDAQ: MARPS)

August 25, 2022 | msn.com

Marine Petroleum Trust: Dividend Insights

June 21, 2022 | thestreet.com

Marine Petroleum Trust Units of Beneficial Interest

May 23, 2022 | seekingalpha.com

Marine Petroleum Trust raises dividend by 84% to $0.1975

April 18, 2022 | seekingalpha.com

Enservco leads Energy/Material gainers; IAMGOLD and Zymergen among losers

April 16, 2022 | uk.investing.com

Adagio Pauses FDA Emergency Use Request For Its COVID-19 Therapy

April 14, 2022 | msn.com

Marine Petroleum Trust Shares Are Surging: What's Going On?

March 8, 2022 | fxstreet.com

Marine Petroleum Trust (MARPS) Stock News and Forecast: Why does it keep going up?

March 7, 2022 | msn.com

Why Marine Petroleum Trust Shares Are Rising Today

March 7, 2022 | investorplace.com

What Is the Marine Petroleum Trust (MARPS) and Why Is It Up Today?

February 17, 2022 | seekingalpha.com

Marine Petroleum Trust declares $0.1074 dividend

January 23, 2022 | nasdaq.com

Marine Petroleum Trust Units of Beneficial Interest (MARPS)

October 7, 2021 | markets.businessinsider.com

Pre-market Movers: ACER, CEI, GTE, MARPS, PLTR…

See More Headlines

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Company Calendar

Ex-Dividend for 9/28 Dividend: 8/30/2023
Dividend Payable: 9/28/2023
Last Earnings: 11/13/2023
Ex-Dividend for 12/28 Dividend: 11/29/2023
Today: 12/09/2023
Dividend Payable: 12/28/2023
Next Earnings (Estimated): 2/13/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Oil royalty traders
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:MARPS
CUSIP: N/A
CIK: 62362
Web: www.marps-marine.com
Phone: (855) 588-7839
Fax: N/A
Employees: 2,021
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.54
Trailing P/E Ratio: 8.06
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.38 million
Net Margins: 79.84%
Pretax Margin: 79.84%
Return on Equity: 110.19%
Return on Assets: 110.19%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $1.31 million
Price / Sales: 6.67
Cash Flow: $0.66 per share
Price / Cash Flow: 6.63
Book Value: $0.49 per share
Price / Book: 8.88

Miscellaneous

Outstanding Shares: 2,000,000
Free Float: N/A
Market Cap: $8.70 million
Optionable: Not Optionable
Beta: 0.39

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Key Executives

Mr. Ron E. Hooper
Senior Vice President of Argent Trust Company - Trustee

Key Competitors

View All Competitors

MARPS Stock Analysis - Frequently Asked Questions

How have MARPS shares performed in 2023?: Marine Petroleum Trust's stock was trading at $7.01 at the start of the year. Since then, MARPS shares have decreased by 37.9% and is now trading at $4.35.
View the best growth stocks for 2023 here.
Are investors shorting Marine Petroleum Trust?: Marine Petroleum Trust saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 100 shares, a decrease of 50.0% from the October 31st total of 200 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are short sold.
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 Tuesday, February 13th 2024.
View our MARPS earnings forecast.
How were Marine Petroleum Trust's earnings last quarter?: Marine Petroleum Trust (NASDAQ:MARPS) announced its quarterly earnings data on Monday, November, 13th. The energy company reported $0.11 earnings per share for the quarter. The energy company earned $0.31 million during the quarter. Marine Petroleum Trust had a trailing twelve-month return on equity of 110.19% and a net margin of 79.84%.

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 Friday, November 17th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.084 per share on Thursday, December 28th. This represents a $0.34 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date of this dividend is Wednesday, November 29th.
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 7.80%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.11%. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:MARPS) was last updated on 12/9/2023 by MarketBeat.com Staff

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