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

Sign in or create an account to add this stock to your watchlist.
$2.42 +0.09 (+3.86 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$2.33
Today's Range$2.33 - $2.45
52-Week Range$1.22 - $4.85
Volume10,200 shs
Average Volume13,111 shs
Market Capitalization$4.84 million
P/E Ratio6.16
Dividend Yield13.73%
Beta2.54
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.

Receive MARPS News and Ratings via Email

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

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$870,000.00
Cash Flow$0.3413 per share
Book Value$0.49 per share

Profitability

Net Income$660,000.00

Miscellaneous

EmployeesN/A
Market Cap$4.84 million
Next Earnings Date5/21/2019 (Estimated)
OptionableNot Optionable

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 declared a quarterly dividend on Friday, February 15th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.08 per share on Thursday, March 28th. This represents a $0.32 annualized dividend and a dividend yield of 13.22%. The ex-dividend date of this dividend is Wednesday, February 27th. View Marine Petroleum Trust's Dividend History.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) posted its earnings results on Monday, February, 11th. The energy company reported $0.07 earnings per share for the quarter. The energy company earned $0.24 million during the quarter. Marine Petroleum Trust had a return on equity of 77.06% and a net margin of 76.77%. 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 Tuesday, May 21st 2019. View Earnings Estimates for Marine Petroleum Trust.

Has Marine Petroleum Trust been receiving favorable news coverage?

News stories about MARPS stock have trended very negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Marine Petroleum Trust earned a news sentiment score of -3.6 on InfoTrie's scale. They also gave news coverage about the energy company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

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, 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 $2.42.

How big of a company is Marine Petroleum Trust?

Marine Petroleum Trust has a market capitalization of $4.84 million and generates $870,000.00 in revenue each year.

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:  3.2 out of 5 (star star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  68 (Vote Underperform)
Total Votes:  192
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 3/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel