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NASDAQ:MARPSMarine Petroleum Trust Stock Price, Forecast & News

$2.34
-0.22 (-8.59 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$1.98
Now: $2.34
$2.44
50-Day Range
$1.12
MA: $1.39
$2.56
52-Week Range
$1.01
Now: $2.34
$3.00
Volume74,200 shs
Average Volume16,137 shs
Market Capitalization$4.68 million
P/E RatioN/A
Dividend Yield10.16%
Beta1.46
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.95 out of 5 stars


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$0.33 per share
Book Value$0.48 per share

Profitability

Net Income$630,000.00

Miscellaneous

EmployeesN/A
Market Cap$4.68 million
Next Earnings Date8/21/2020 (Estimated)
OptionableNot Optionable

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Marine Petroleum Trust (NASDAQ:MARPS) Frequently Asked Questions

How has Marine Petroleum Trust's stock been impacted by COVID-19 (Coronavirus)?

Marine Petroleum Trust's stock was trading at $1.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MARPS stock has increased by 43.6% and is now trading at $2.34. View which stocks have been most impacted by Coronavirus.

When is Marine Petroleum Trust's next earnings date?

Marine Petroleum Trust is scheduled to release its next quarterly earnings announcement on Friday, August 21st 2020. View our earnings forecast for Marine Petroleum Trust.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) posted its earnings results on Friday, May, 15th. The energy company reported $0.08 earnings per share (EPS) for the quarter. The energy company had revenue of $0.22 million for the quarter. Marine Petroleum Trust had a return on equity of 58.44% and a net margin of 72.68%. View Marine Petroleum Trust's earnings history.

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 Tuesday, May 19th. Investors of record on Friday, May 29th will be given a dividend of $0.1038 per share on Monday, June 29th. This represents a $0.42 annualized dividend and a yield of 17.74%. The ex-dividend date is Thursday, May 28th. This is a boost from Marine Petroleum Trust's previous quarterly dividend of $0.07. View Marine Petroleum Trust's dividend history.

Has Marine Petroleum Trust been receiving favorable news coverage?

News stories about MARPS stock have been trending very negative on Friday, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marine Petroleum Trust earned a news impact score of -3.2 on InfoTrie's scale. They also gave news headlines about the energy company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutMarine Petroleum Trust.

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

What is Marine Petroleum Trust's stock symbol?

Marine Petroleum Trust trades on the NASDAQ under the ticker symbol "MARPS."

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 $2.34.

How big of a company is Marine Petroleum Trust?

Marine Petroleum Trust has a market capitalization of $4.68 million and generates $860,000.00 in revenue each year.

What is Marine Petroleum Trust's official website?

The official website for Marine Petroleum Trust is 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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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