About Marine Petroleum Trust (NASDAQ:MARPS)
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 Investment Trusts
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / Sales8.38
Cash Flow$0.37 per share
Price / Cash10.52
Book Value$0.50 per share
Price / Book7.88
Return on Equity83.66%
Return on Assets83.66%
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, November 17th. Investors of record on Thursday, November 30th will be paid a dividend of $0.053 per share on Thursday, December 28th. This represents a $0.21 annualized dividend and a yield of 5.38%. The ex-dividend date of this dividend is Wednesday, November 29th. View Marine Petroleum Trust's Dividend History.
How were Marine Petroleum Trust's earnings last quarter?
Marine Petroleum Trust (NASDAQ:MARPS) posted its quarterly earnings results on Tuesday, November, 14th. The energy company reported $0.09 earnings per share (EPS) for the quarter. Marine Petroleum Trust had a return on equity of 83.66% and a net margin of 79.47%. View Marine Petroleum Trust's Earnings History.
When will Marine Petroleum Trust make its next earnings announcement?
Who are some of Marine Petroleum Trust's key competitors?
Some companies that are related to Marine Petroleum Trust include Aemetis (AMTX), Gevo (GEVO), Black Ridge Oil & Gas (ANFC), Real Goods Solar (RGSE), Deep Down (DPDW), STR (STRI), Saratoga Resources (SARA), Triangle Petroleum (TPLM), Vantage Drilling (VTGDF), LDK Solar (LDKYQ), Atlas Energy Group (ATLS), Cardinal Energy Group (CEGX), Glori Energy (GLRI), Atlas Resource Partners (ARPJQ), QF Liquidation (QTWWQ), New Western Energy (NWTR), Ithaca Energy (IACAF) and Peabody Energy (BTUUQ).
How do I buy Marine Petroleum Trust stock?
Shares of Marine Petroleum Trust 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 Marine Petroleum Trust stock can currently be purchased for approximately $3.94.
How big of a company is Marine Petroleum Trust?
Marine Petroleum Trust has a market capitalization of $7.89 million and generates $940,000.00 in revenue each year.
How can I contact Marine Petroleum Trust?
Marine Petroleum Trust's mailing address is SOUTHWEST BANK 2911 TURTLE CREEK BLVD. SUITE 850, 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 (MARPS)MarketBeat's community ratings are surveys of what our community members think about Marine Petroleum Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Marine Petroleum Trust (NASDAQ:MARPS) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Marine Petroleum Trust (NASDAQ:MARPS) Earnings History and Estimates Chart
Marine Petroleum Trust (NASDAQ MARPS) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/13/2018|| || || || || || || || |
Marine Petroleum Trust (NASDAQ:MARPS) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Marine Petroleum Trust (NASDAQ:MARPS) Dividend Information
|Most Recent Dividend:||12/28/2017|
Marine Petroleum Trust (NASDAQ:MARPS) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Marine Petroleum Trust (NASDAQ MARPS)
No insider trades for this company have been tracked by MarketBeat.com
Marine Petroleum Trust (NASDAQ MARPS) News Headlines
Marine Petroleum Trust (NASDAQ:MARPS) SEC Filings
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Marine Petroleum Trust (NASDAQ:MARPS) Income Statement, Balance Sheet and Cash Flow Statement
Marine Petroleum Trust (NASDAQ MARPS) Stock Chart for Tuesday, January, 16, 2018