MARKET

MARPS

MARPS

Marine Petro Tr
NASDAQ

Real-time Quotes | Nasdaq Last Sale

2.340
-0.116
-4.73%
After Hours: 2.150 -0.19 -8.12% 19:48 05/28 EDT
OPEN
2.120
PREV CLOSE
2.456
HIGH
2.440
LOW
1.980
VOLUME
74.38K
TURNOVER
--
52 WEEK HIGH
3.000
52 WEEK LOW
1.010
MARKET CAP
4.68M
P/E (TTM)
8.40
1D
5D
1M
3M
1Y
5Y

MARPS News

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Marine Petroleum Trust raises dividend by 59%
Marine Petroleum Trust (NASDAQ:MARPS) declares $0.1038/share quarterly dividend, 58.5% increase from prior dividend of $0.0655. Forward yield 31.69% Payabl
seekingalpha · 05/18 18:37
ACB, NVAX, JCP and W among midday movers
Seeking Alpha - Article · 05/18 16:43
Marine Petroleum Trust Announces Second Quarter Cash Distribution
PR Newswire · 05/18 14:30
NRT leads financial gainers, HAFC and MFIN among losers
Seeking Alpha - Article · 05/01 17:06
88 Dividend Boosts Announced February 24, 2020
Seeking Alpha - Article · 02/27 11:28
Marine Petroleum Trust Announces First Quarter Cash Distribution
PR Newswire · 02/18 14:30
Marine Petroleum Trust Announces Fourth Quarter Cash Distribution
PR Newswire · 11/18/2019 14:30

Industry

Investment Trusts
-3.38%
Collective Investments
-1.70%

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About 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.
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