Marine Petroleum Trust Company Profile (NASDAQ:MARPS)

About Marine Petroleum Trust

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. 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: $3.90
  • 50 Day Moving Average: $3.9994
  • 200 Day Moving Average: $4.5702
  • Trailing P/E Ratio: 9.6057
  • P/E Growth: 0.0000
  • Market Cap: $7.80M
  • Outstanding Shares: 2,000,000
  • Beta: 1.36
Additional Links:
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Analyst Ratings

Consensus Ratings for Marine Petroleum Trust (NASDAQ:MARPS) (?)
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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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)
Annual Dividend:$0.29
Dividend Yield:7.44%
Payout Ratio:60.42% (Based on Trailing 12 Months of Earnings)

Dividend History for Marine Petroleum Trust (NASDAQ:MARPS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for Marine Petroleum Trust (NASDAQ:MARPS)
DateHeadline
reuters.com logoBRIEF-Marine Petroleum Trust announces Q3 cash distribution (NASDAQ:MARPS)
www.reuters.com - August 20 at 10:09 AM
4-traders.com logoMARINE PETROLEUM TRUST : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NASDAQ:MARPS)
www.4-traders.com - August 20 at 10:09 AM
thestreet.com logoWorst of the Worst: Stay Away From This Awful Energy Royalty Trust (NASDAQ:MARPS)
www.thestreet.com - May 24 at 1:30 PM
capitalcube.com logoMarine Petroleum Trust :MARPS-US: Earnings Analysis: Q3, 2016 By the Numbers (NASDAQ:MARPS)
www.capitalcube.com - May 19 at 2:08 PM
capitalcube.com logoMarine Petroleum Trust: Price momentum supported by strong fundamentals (NASDAQ:MARPS)
www.capitalcube.com - March 29 at 4:25 PM
4-traders.com logoMarine Petroleum : Announces First Quarter Cash Distribution (NASDAQ:MARPS)
www.4-traders.com - February 23 at 2:02 PM
finance.yahoo.com logoMarine Petroleum Trust Announces First Quarter Cash Distribution (NASDAQ:MARPS)
finance.yahoo.com - February 19 at 9:00 AM
finance.yahoo.com logoMarine Petroleum Trust (MARPS) (NASDAQ:MARPS)
finance.yahoo.com - January 24 at 5:48 PM
finance.yahoo.com logoMARINE PETROLEUM TRUST Financials (NASDAQ:MARPS)
finance.yahoo.com - December 8 at 1:18 PM
capitalcube.com logoMarine Petroleum Trust Earnings Q1, 2016 (NASDAQ:MARPS)
www.capitalcube.com - December 1 at 11:44 AM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:MARPS)
biz.yahoo.com - November 18 at 2:34 PM
noodls.com logoMarine Petroleum Trust Announces Fourth Quarter Cash Distribution (NASDAQ:MARPS)
www.noodls.com - November 18 at 2:27 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 10-Q, Quarterly Report (NASDAQ:MARPS)
biz.yahoo.com - November 16 at 12:28 PM
biz.yahoo.com logoMARINE PETROLEUM TRUST Files SEC form 10-K, Annual Report (NASDAQ:MARPS)
biz.yahoo.com - September 25 at 4:45 PM
noodls.com logoMarine Petroleum Trust Announces Third Quarter Cash Distribution (NASDAQ:MARPS)
www.noodls.com - August 24 at 9:34 AM
noodls.com logoMarine Petroleum Trust Announces Second Quarter Cash Distribution (NASDAQ:MARPS)
www.noodls.com - May 19 at 1:36 PM

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Marine Petroleum Trust (NASDAQ:MARPS) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff