How have MARPS shares performed in 2024?

Marine Petroleum Trust's stock was trading at $4.03 on January 1st, 2024. Since then, MARPS stock has increased by 9.2% and is now trading at $4.40. View the best growth stocks for 2024 here .

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,000 shares, an increase of 233.3% from the March 15th total of 300 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the 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 Monday, May 20th 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 Wednesday, February, 14th. The energy company reported $0.10 EPS for the quarter. The energy company earned $0.26 million during the quarter. Marine Petroleum Trust had a net margin of 76.23% and a trailing twelve-month return on equity of 93.01%.

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, February 16th. Investors of record on Thursday, February 29th will be paid a dividend of $0.102 per share on Thursday, March 28th. This represents a $0.41 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.08. Read our dividend analysis for MARPS .

Is Marine Petroleum Trust a good dividend stock?

Marine Petroleum Trust (NASDAQ:MARPS) pays an annual dividend of $0.41 per share and currently has a dividend yield of 9.22%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 91.11%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MARPS

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

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$4.16

+0.06 (+1.46%)

(As of 12:42 PM ET)

Compare

Today's Range: $4.00
▼
$4.49
50-Day Range: $3.95
▼
$5.39
52-Week Range: $3.90
▼
$7.83

Volume: 71,003 shs
Average Volume: 14,057 shs
Market Capitalization: $8.32 million

P/E Ratio: 9.24
Dividend Yield: 9.86%
Price Target: N/A

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Marine Petroleum Trust MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.06% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.23
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.04 out of 5 stars

N/A

Analyst's Opinion

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

3.0

Short Interest

Percentage of Shares Shorted
0.06% 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 0.1, 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 increased by 233.33%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Marine Petroleum Trust is a leading dividend payer. It pays a dividend yield of 9.22%, 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 91.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

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 1.23. 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 0.53 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Marine Petroleum Trust this week, compared to 0 articles on an average week.
MarketBeat Follows
3 people have added Marine Petroleum Trust to their MarketBeat watchlist 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 1.76% 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 9.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Marine Petroleum Trust is 9.78, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.56.
Price to Book Value per Share Ratio
Marine Petroleum Trust has a P/B Ratio of 8.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

April 19, 2024 | americanbankingnews.com

Marine Petroleum Trust (NASDAQ:MARPS) Share Price Crosses Below 200 Day Moving Average of $4.54

April 19, 2024 | americanbankingnews.com

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

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 11, 2024 | americanbankingnews.com

Marine Petroleum Trust (NASDAQ:MARPS) Shares Cross Below Two Hundred Day Moving Average of $4.56

April 11, 2024 | americanbankingnews.com

Marine Petroleum Trust (NASDAQ:MARPS) Earns Hold Rating from Analysts at StockNews.com

February 23, 2024 | wsj.com

Marine Petroleum Trust Un

February 22, 2024 | benzinga.com

Marine Petroleum Trust Stock (NASDAQ:MARPS), Short Interest Report

February 22, 2024 | benzinga.com

Marine Petroleum Trust Stock (NASDAQ:MARPS), Quotes and News Summary

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 16, 2024 | prnewswire.com

MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION

January 22, 2024 | finance.yahoo.com

MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION

January 22, 2024 | finance.yahoo.com

MARINE PETROLEUM TRUST ANNOUNCES SECOND QUARTER CASH DISTRIBUTION

January 22, 2024 | finance.yahoo.com

MARINE PETROLEUM TRUST ANNOUNCES THIRD QUARTER CASH DISTRIBUTION

January 22, 2024 | finance.yahoo.com

MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION

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

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

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Ex-Dividend for 3/28 Dividend: 2/28/2024
Dividend Payable: 3/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Oil royalty traders
Sub-Industry: N/A
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): $0.45
Trailing P/E Ratio: 9.11
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.38 million
Net Margins: 76.23%
Pretax Margin: 76.25%
Return on Equity: 93.01%
Return on Assets: 93.01%

Debt

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

Sales & Book Value

Annual Sales: $1.65 million
Price / Sales: 4.97
Cash Flow: $0.64 per share
Price / Cash Flow: 6.41
Book Value: $0.49 per share
Price / Book: 8.37

Miscellaneous

Outstanding Shares: 2,000,000
Free Float: N/A
Market Cap: $8.20 million
Optionable: Not Optionable
Beta: 0.15

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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 2024?: Marine Petroleum Trust's stock was trading at $4.03 on January 1st, 2024. Since then, MARPS stock has increased by 9.2% and is now trading at $4.40.
View the best growth stocks for 2024 here.
Are investors shorting Marine Petroleum Trust?: Marine Petroleum Trust saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,000 shares, an increase of 233.3% from the March 15th total of 300 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the 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 Monday, May 20th 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 Wednesday, February, 14th. The energy company reported $0.10 EPS for the quarter. The energy company earned $0.26 million during the quarter. Marine Petroleum Trust had a net margin of 76.23% and a trailing twelve-month return on equity of 93.01%.

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, February 16th. Investors of record on Thursday, February 29th will be paid a dividend of $0.102 per share on Thursday, March 28th. This represents a $0.41 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for MARPS.
Is Marine Petroleum Trust a good dividend stock?: Marine Petroleum Trust (NASDAQ:MARPS) pays an annual dividend of $0.41 per share and currently has a dividend yield of 9.22%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 91.11%. Payout ratios above 75% are not desirable because they may not be sustainable.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MARPS) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Marine Petroleum Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Marine Petroleum Trust Stock (NASDAQ:MARPS)

MARPS Stock Price History

MARPS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

MARPS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™