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:
- 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?
Who are some of Marine Petroleum Trust's key competitors?
Some companies that are related to Marine Petroleum Trust include Cluff Natural Resources PLC (CLNR), Legendary Investments plc (LEG), Amedeo Resources PLC (AMED), Mineral & Financial Investments Ltd (MAFL), Amedeo Resources PLC (CRO), CM Finance (CMFN), Greencoat UK Wind PLC (UKW), Henderson Global Trust PLC (HGL), International Biotechnology Trust Plc (IBT), iShares S&P NA Tec. Semi. Idx. Fd.(ETF) (SOXX), PowerShares QQQ Trust, Series 1 (QQQ), ProShares UltraShort Russell2000 (TWM), Standard Life Equity Income Trust Plc (SLET) and Tiziana Life Sciences PLC (ADI).
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)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.
Consensus Ratings for Marine Petroleum Trust (NASDAQ:MARPS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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 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)| Next Dividend: | 9/28/2017 |
| Annual Dividend: | $0.51 |
| Dividend Yield: | 12.84% |
| Payout Ratio: | 170.00% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for Marine Petroleum Trust (NASDAQ MARPS)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/21/2017 | quarterly | $0.13 | 14.23% | 8/29/2017 | 8/31/2017 | 9/28/2017 |
| 5/22/2017 | quarterly | $0.10 | 9.49% | 5/26/2017 | 5/31/2017 | 6/28/2017 |
| 2/21/2017 | quarterly | $0.05 | 3.4% | 2/24/2017 | 2/28/2017 | 3/28/2017 |
| 11/18/2016 | Quarterly | $0.09 | 11.57% | 11/28/2016 | 11/30/2016 | 12/28/2016 |
| 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
Headline Trends for Marine Petroleum Trust (NASDAQ:MARPS)
Latest Headlines for Marine Petroleum Trust (NASDAQ:MARPS)
| Source: |
|
Marine Petroleum Trust (MARPS) Chart for Friday, September, 22, 2017
