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 stock has decreased by 35.0% and is now trading at $4.56. 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 daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's stock 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 Tuesday, February 13th 2024. View our MARPS earnings forecast .

How were Marine Petroleum Trust's earnings last quarter?

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

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, November 17th. Stockholders 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 annualized dividend and a dividend yield of 7.37%. 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 10.66%. 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)

$4.56

-0.11 (-2.36%)

(As of 12/1/2023 ET)

Compare

Today's Range: $4.51
▼
$4.65
50-Day Range: $4.35
▼
$5.49
52-Week Range: $4.30
▼
$8.87

Volume: 8,781 shs
Average Volume: 6,275 shs
Market Capitalization: $9.12 million

P/E Ratio: 8.44
Dividend Yield: 7.24%
Price Target: N/A

Marine Petroleum Trust MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.01% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.27
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Marine Petroleum Trust.

5.0

Short Interest

Percentage of Shares Shorted
0.01% of the float of Marine Petroleum Trust has been sold short.
Short Interest Ratio / Days to Cover
Marine Petroleum Trust has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Marine Petroleum Trust has recently decreased by 50.00%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Marine Petroleum Trust is a leading dividend payer. It pays a dividend yield of 10.66%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Marine Petroleum Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Marine Petroleum Trust is 61.11%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MARPS.

3.5

News and Social Media Coverage

News Sentiment
Marine Petroleum Trust has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Marine Petroleum Trust this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for MARPS on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Marine Petroleum Trust insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 3.65% of the stock of Marine Petroleum Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Marine Petroleum Trust is 8.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Marine Petroleum Trust is 8.44, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.96.
Price to Book Value per Share Ratio
Marine Petroleum Trust has a P/B Ratio of 9.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

November 29, 2023 | americanbankingnews.com

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

November 27, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Marine Petroleum Trust (NASDAQ:MARPS)

December 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

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 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

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

Receive MARPS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Marine Petroleum Trust and its competitors with MarketBeat's FREE daily newsletter.

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: 12/03/2023
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: 8.44
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: 6.99
Cash Flow: $0.67 per share
Price / Cash Flow: 6.79
Book Value: $0.48 per share
Price / Book: 9.50

Miscellaneous

Outstanding Shares: 2,000,000
Free Float: N/A
Market Cap: $9.12 million
Optionable: Not Optionable
Beta: 0.41

(Almost) Everything You Need To Know About The EV Market

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

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 stock has decreased by 35.0% and is now trading at $4.56.
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 daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's stock 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 Tuesday, February 13th 2024.
View our MARPS earnings forecast.
How were Marine Petroleum Trust's earnings last quarter?: Marine Petroleum Trust (NASDAQ:MARPS) released its quarterly earnings data on Monday, November, 13th. The energy company reported $0.11 earnings per share (EPS) for the quarter. The energy company had revenue of $0.31 million for the quarter. Marine Petroleum Trust had a net margin of 79.84% and a trailing twelve-month return on equity of 110.19%.

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, November 17th. Stockholders 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 annualized dividend and a dividend yield of 7.37%. 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 10.66%. 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 12/3/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial