NASDAQ:MARPS - Marine Petroleum Trust Stock Price, Price Target & More

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$3.82 -0.11 (-2.80 %)
(As of 07/16/2018 06:00 AM ET)
Previous Close$3.82
Today's Range$3.82 - $4.00
52-Week Range$2.83 - $4.85
Volume1,380 shs
Average Volume3,943 shs
Market Capitalization$7.64 million
P/E Ratio10.05
Dividend Yield9.73%
Beta2.2
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Oil royalty traders
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:MARPS
CUSIPN/A
Phone855-588-7839

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio10.05
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$950,000.00
Price / Sales8.04
Cash Flow$0.3760 per share
Price / Cash10.16
Book Value$0.50 per share
Price / Book7.64

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$750,000.00
Net Margins80.02%
Return on Equity78.97%
Return on Assets78.97%

Miscellaneous

EmployeesN/A
Outstanding Shares2,000,000
Market Cap$7.64

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Marine Petroleum Trust (NASDAQ:MARPS) Frequently Asked Questions

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 announced a quarterly dividend on Friday, May 18th. Stockholders of record on Thursday, May 31st will be paid a dividend of $0.093 per share on Thursday, June 28th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 9.74%. The ex-dividend date of this dividend is Wednesday, May 30th. This is a positive change from Marine Petroleum Trust's previous quarterly dividend of $0.08. View Marine Petroleum Trust's Dividend History.

When is Marine Petroleum Trust's next earnings date?

Marine Petroleum Trust is scheduled to release their next quarterly earnings announcement on Thursday, September, 27th 2018. View Earnings Estimates for Marine Petroleum Trust.

What is the consensus analysts' recommendation for Marine Petroleum Trust?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marine Petroleum Trust in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

Who are some of Marine Petroleum Trust's key competitors?

Has Marine Petroleum Trust been receiving favorable news coverage?

Press coverage about MARPS stock has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marine Petroleum Trust earned a coverage optimism score of 0.11 on Accern's scale. They also gave media stories about the energy company an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

How do I buy shares of Marine Petroleum Trust?

Shares of MARPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 MARPS stock can currently be purchased for approximately $3.82.

How big of a company is Marine Petroleum Trust?

Marine Petroleum Trust has a market capitalization of $7.64 million and generates $950,000.00 in revenue each year.

How can I contact Marine Petroleum Trust?

Marine Petroleum Trust's mailing address is SOUTHWEST BANK 2911 TURTLE CREEK BLVD. SUITE 850, DALLAS TX, 75219. The energy company can be reached via phone at 855-588-7839 or via email at [email protected]


MarketBeat Community Rating for Marine Petroleum Trust (NASDAQ MARPS)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  77 (Vote Outperform)
Underperform Votes:  53 (Vote Underperform)
Total Votes:  130
MarketBeat's community ratings are surveys of what our community members think about Marine Petroleum Trust and other stocks. Vote "Outperform" if you believe MARPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MARPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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