Last $16.41 USD
Change Today +0.35 / 2.18%
Volume 908.0
MARPS On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 12:42 PM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

marine petroleum trust (MARPS) Snapshot

Open
$16.13
Previous Close
$16.06
Day High
$16.44
Day Low
$16.13
52 Week High
05/14/14 - $20.72
52 Week Low
12/24/13 - $13.00
Market Cap
32.8M
Average Volume 10 Days
7.7K
EPS TTM
--
Shares Outstanding
2.0M
EX-Date
08/27/14
P/E TM
--
Dividend
$1.47
Dividend Yield
8.56%
Current Stock Chart for MARINE PETROLEUM TRUST (MARPS)

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marine petroleum trust (MARPS) Details

Marine Petroleum Trust, through its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of September 3, 2013, it had an overriding royalty interest in 59 oil and natural gas leases covering an area of approximately 217,056 gross acres located 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.

marine petroleum trust (MARPS) Top Compensated Officers

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marine petroleum trust (MARPS) Key Developments

Marine Petroleum Trust Declares Third Quarter Cash Distribution, Payable on September 26, 2014

Marine Petroleum Trust declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.367233 per unit, payable on September 26, 2014, to unitholders of record on August 29, 2014. This distribution of $0.367233 per unit is higher than the $0.296768 per unit distributed last quarter. As compared to the previous quarter, the prices of both natural gas and oil have increased.

Marine Petroleum Trust Announces Distribution for the Second Quarter of 2014, Payable on June 27, 2014

Marine Petroleum Trust declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.296768 per unit, payable on June 27, 2014, to unitholders of record on May 30, 2014. This distribution of $0.296768 per unit is lower than the $0.361546 per unit distributed last quarter. As compared to the previous quarter, the price of natural gas has increased, while the price of oil has decreased.

Marine Petroleum Trust Declares Quarterly Cash Distribution, Payable on March 28, 2014

Marine Petroleum Trust declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.361546 per unit, payable on March 28, 2014, to unitholders of record on February 28, 2014. This distribution of $0.361546 per unit is lower than the $0.378486 per unit distributed last quarter.

 

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