MARPS Overview
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The current price of MARPS is 5.15 USD — it has increased 5.1
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, pursuant to license agreements and amendments between the Trust’s predecessors and Gulf Oil Corporation (Gulf). Its Indenture provides that the corporate trustee is to distribute all cash in the Trust, less an amount reserved for the payment of accrued liabilities and estimated future expenses, to unitholders of record on the last business day of February, May, August and November. The payments are to be made on the 28th day of September, December, March and June of each year. The Trust’s subsidiary, Marine Petroleum Corporation (MPC), holds title to interests in properties that are situated offshore of Louisiana. MPC is engaged in the administration and collection of royalties. MPC rights are generally referred to as overriding royalty interests in the oil and natural gas industry.
Wall Street analysts forecast MARPS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MARPS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Marine Petroleum Trust revenue for the last quarter amounts to 165.90K USD, decreased -36.90
Marine Petroleum Trust. EPS for the last quarter amounts to 0.04 USD, decreased -60.00
Marine Petroleum Trust (MARPS) has 0 emplpoyees as of April 29 2026.
Today MARPS has the market capitalization of 7.87M USD.
