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

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$1.85 -0.04 (-2.12 %)
(As of 01/24/2019 08:23 AM ET)
Previous Close$1.89
Today's Range$1.85 - $1.8708
52-Week Range$1.22 - $4.85
Volume3,239 shs
Average Volume7,931 shs
Market Capitalization$3.70 million
P/E Ratio4.97
Dividend Yield20.30%
Beta2.29
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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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$0.3229 per share
Book Value$0.49 per share

Profitability

Net Income$660,000.00

Miscellaneous

EmployeesN/A
Market Cap$3.70 million
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 Monday, November 19th. Shareholders of record on Friday, November 30th will be paid a dividend of $0.096 per share on Friday, December 28th. This represents a $0.38 annualized dividend and a yield of 20.76%. The ex-dividend date of this dividend is Thursday, November 29th. This is a positive change from Marine Petroleum Trust's previous quarterly dividend of $0.09. View Marine Petroleum Trust's Dividend History.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) released its earnings results on Tuesday, November, 6th. The energy company reported $0.11 earnings per share for the quarter. The energy company earned $0.24 million during the quarter. Marine Petroleum Trust had a net margin of 76.51% and a return on equity of 72.63%. 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 Wednesday, February 13th 2019. View Earnings Estimates for Marine Petroleum Trust.

Has Marine Petroleum Trust been receiving favorable news coverage?

Media stories about MARPS stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Marine Petroleum Trust earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the energy company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.

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

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 $1.85.

How big of a company is Marine Petroleum Trust?

Marine Petroleum Trust has a market capitalization of $3.70 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:  3.3 out of 5 (star star star)
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  66 (Vote Underperform)
Total Votes:  189
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 1/24/2019 by MarketBeat.com Staff

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