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NASDAQ:MARPS - Marine Petroleum Trust Stock Price, Forecast & News

$2.02
+0.02 (+1.00 %)
(As of 01/24/2020 04:00 PM ET)
Today's Range
$2.02
Now: $2.02
$2.02
50-Day Range
$1.78
MA: $1.94
$2.07
52-Week Range
$1.76
Now: $2.02
$3.00
Volume300 shs
Average Volume2,281 shs
Market Capitalization$4.04 million
P/E RatioN/A
Dividend Yield9.88%
Beta1.89
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.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$860,000.00
Cash Flow$0.32 per share
Book Value$0.48 per share

Profitability

Net Income$630,000.00

Miscellaneous

EmployeesN/A
Market Cap$4.04 million
Next Earnings Date2/10/2020 (Estimated)
OptionableNot Optionable

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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 Monday, November 18th. Investors of record on Friday, November 29th will be paid a dividend of $0.049 per share on Monday, December 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 9.70%. The ex-dividend date is Wednesday, November 27th. View Marine Petroleum Trust's Dividend History.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) released its quarterly earnings data on Thursday, November, 14th. The energy company reported $0.07 earnings per share for the quarter. The energy company earned $0.20 million during the quarter. Marine Petroleum Trust had a net margin of 66.42% and a return on equity of 57.85%. View Marine Petroleum Trust's Earnings History.

When is Marine Petroleum Trust's next earnings date?

Marine Petroleum Trust is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Marine Petroleum Trust.

Has Marine Petroleum Trust been receiving favorable news coverage?

News headlines about MARPS stock have been trending very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Marine Petroleum Trust earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the energy company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near future. View News Stories for Marine Petroleum Trust.

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a increase in short interest in December. As of December 31st, there was short interest totalling 6,100 shares, an increase of 369.2% from the December 15th total of 1,300 shares. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.4% of the company's shares are short sold. View Marine Petroleum Trust's Current Options Chain.

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

What other stocks do shareholders of Marine Petroleum Trust own?

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, Robinhood, Fidelity and Charles Schwab.

What is Marine Petroleum Trust's stock price today?

One share of MARPS stock can currently be purchased for approximately $2.02.

How big of a company is Marine Petroleum Trust?

Marine Petroleum Trust has a market capitalization of $4.04 million and generates $860,000.00 in revenue each year. View Additional Information About Marine Petroleum Trust.

What is Marine Petroleum Trust's official website?

The official website for Marine Petroleum Trust is http://www.marps-marine.com/.

How can I contact Marine Petroleum Trust?

Marine Petroleum Trust's mailing address is 2911 TURTLE CREEK BLVD, 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:  3.1 out of 5 (star star star)
Outperform Votes:  141 (Vote Outperform)
Underperform Votes:  85 (Vote Underperform)
Total Votes:  226
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 1/25/2020 by MarketBeat.com Staff

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