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NASDAQ:MARPSMarine Petroleum Trust Stock Price, Forecast & News

$1.30
+0.04 (+2.77 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$1.11
Now: $1.30
$1.65
50-Day Range
$1.14
MA: $1.55
$1.94
52-Week Range
$1.10
Now: $1.30
$3.00
Volume54,692 shs
Average Volume7,711 shs
Market Capitalization$2.60 million
P/E RatioN/A
Dividend Yield20.70%
Beta1.66
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$2.60 million
Next Earnings Date5/20/2020 (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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MARPS stock has decreased by 20.2% and is now trading at $1.30. View which stocks have been mosted 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 Wednesday, May 20th 2020. View our earnings forecast for Marine Petroleum Trust.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) released its earnings results on Tuesday, February, 11th. The energy company reported $0.05 EPS for the quarter. The energy company earned $0.15 million during the quarter. Marine Petroleum Trust had a return on equity of 54.37% and a net margin of 70.34%. 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 announced a quarterly dividend on Wednesday, February 19th. Investors of record on Friday, February 28th will be given a dividend of $0.0655 per share on Monday, March 30th. This represents a $0.26 annualized dividend and a dividend yield of 20.15%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Marine Petroleum Trust's previous quarterly dividend of $0.05. 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 this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marine Petroleum Trust earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutMarine Petroleum Trust.

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,800 shares, an increase of 38.5% from the February 13th total of 1,300 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% 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?

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 $1.30.

How big of a company is Marine Petroleum Trust?

Marine Petroleum Trust has a market capitalization of $2.60 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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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