NASDAQ:MARPS

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

$4.20
+0.03 (+0.72%)
(As of 04/26/2024 ET)
Today's Range
$4.17
$4.29
50-Day Range
$3.95
$5.39
52-Week Range
$3.90
$7.83
Volume
3,343 shs
Average Volume
13,795 shs
Market Capitalization
$8.40 million
P/E Ratio
9.33
Dividend Yield
9.76%
Price Target
N/A
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

Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Marine Petroleum Trust Un
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
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
4/26/2024
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
$0.67 per share
Book Value
$0.49 per share

Miscellaneous

Free Float
N/A
Market Cap
$8.40 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 beginning of 2024. Since then, MARPS stock has increased by 4.2% and is now trading at $4.20.
View the best growth stocks for 2024 here
.

Are investors shorting Marine Petroleum Trust?

Marine Petroleum Trust saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,200 shares, an increase of 120.0% from the March 31st total of 1,000 shares. Based on an average daily trading volume, of 15,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
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) posted its earnings results on Wednesday, February, 14th. The energy company reported $0.10 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 dividend yield of 9.71%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change 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 9.43%. 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 4/26/2024 by MarketBeat.com Staff

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