How have MARPS shares performed in 2024?

Marine Petroleum Trust's stock was trading at $4.03 on January 1st, 2024. Since then, MARPS shares have increased by 1.7% and is now trading at $4.10. 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 short-interest ratio is currently 0.1 days. Approximately 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) issued its earnings results on Wednesday, February, 14th. The energy company reported $0.10 earnings per share for the quarter. The energy company had revenue of $0.26 million for 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 announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, February 29th will be given 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 9.95%. The ex-dividend date 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 8.67%. 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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Free MARPS Stock Alerts

$4.10

-0.31 (-7.03%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.90
▼
$4.47
50-Day Range: $3.95
▼
$5.39
52-Week Range: $3.90
▼
$7.83

Volume: 39,924 shs
Average Volume: 13,294 shs
Market Capitalization: $8.20 million

P/E Ratio: 9.11
Dividend Yield: 10.00%
Price Target: N/A

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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

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

April 11, 2024 | americanbankingnews.com

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

April 19, 2024 | InvestorPlace (Ad)

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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

February 16, 2024 | prnewswire.com

MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION

April 19, 2024 | InvestorPlace (Ad)

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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

May 23, 2022 | seekingalpha.com

Marine Petroleum Trust raises dividend by 84% to $0.1975

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: 4/18/2024
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: $0.60 per share
Price / Cash Flow: 6.82
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

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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 shares have increased by 1.7% and is now trading at $4.10.
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 short-interest ratio is currently 0.1 days. Approximately 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) issued its earnings results on Wednesday, February, 14th. The energy company reported $0.10 earnings per share for the quarter. The energy company had revenue of $0.26 million for 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 announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, February 29th will be given 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 9.95%. The ex-dividend date 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 8.67%. 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

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

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