NASDAQ:MARPS

Marine Petroleum Trust (MARPS) Stock Price, News & Analysis

$4.35
+0.16 (+3.82%)
(As of 04/23/2024 ET)
Today's Range
$4.18
$4.38
50-Day Range
$3.95
$5.39
52-Week Range
$3.90
$7.83
Volume
4,517 shs
Average Volume
14,105 shs
Market Capitalization
$8.70 million
P/E Ratio
9.67
Dividend Yield
9.43%
Price Target
N/A

Marine Petroleum Trust MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.06% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.23mentions of Marine Petroleum Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.10 out of 5 stars

MARPS stock logo

About Marine Petroleum Trust Stock (NASDAQ:MARPS)

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.

MARPS Stock Price History

MARPS Stock News Headlines

He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Marine Petroleum Trust Un
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
MARPS Dividend Yield Grade
MARPS - Marine Petroleum Trust
MARPS Marine Petroleum Trust
Marine Petroleum Trust (NASDAQ: MARPS)
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Oil royalty traders
Sub-Industry
N/A
Current Symbol
NASDAQ:MARPS
Fax
N/A
Employees
2,021
Year Founded
N/A

Profitability

Net Income
$1.38 million
Pretax Margin
76.25%

Debt

Sales & Book Value

Annual Sales
$1.65 million
Cash Flow
$0.69 per share
Book Value
$0.49 per share

Miscellaneous

Free Float
N/A
Market Cap
$8.56 million
Optionable
Not Optionable
Beta
0.15
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Key Executives

  • Mr. Ron E. Hooper
    Senior Vice President of Argent Trust Company - Trustee

MARPS Stock Analysis - Frequently Asked Questions

How have MARPS shares performed in 2024?

Marine Petroleum Trust's stock was trading at $4.03 at the start of the year. Since then, MARPS shares have increased by 7.9% and is now trading at $4.35.
View the best growth stocks for 2024 here
.

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,000 shares, an increase of 233.3% from the March 15th total of 300 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company's shares are short sold.
View Marine Petroleum Trust's Short Interest
.

When is Marine Petroleum Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our MARPS earnings forecast
.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) announced its earnings results on Wednesday, February, 14th. The energy company reported $0.10 earnings per share (EPS) for the quarter. The energy company earned $0.26 million during the quarter. Marine Petroleum Trust had a net margin of 76.23% and a trailing twelve-month return on equity of 93.01%.

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 16th. Shareholders of record on Thursday, February 29th will be given a dividend of $0.102 per share on Thursday, March 28th. This represents a $0.41 dividend on an annualized basis and a yield of 9.38%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for MARPS
.

Is Marine Petroleum Trust a good dividend stock?

Marine Petroleum Trust (NASDAQ:MARPS) pays an annual dividend of $0.41 per share and currently has a dividend yield of 9.54%. MARPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 91.11%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MARPS.

How do I buy shares of Marine Petroleum Trust?

Shares of MARPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MARPS) was last updated on 4/23/2024 by MarketBeat.com Staff

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