Marine Petroleum Trust (NASDAQ:MARPS) Earns Hold Rating from Analysts at StockNews.com

Posted by James Quigley on Mar 22nd, 2025

StockNews.com assumed coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Free Report) in a research note published on Friday. The brokerage issued a hold rating on the energy company’s stock.

Marine Petroleum Trust Stock Performance

NASDAQ MARPS opened at $3.92 on Friday. The stock’s fifty day moving average is $4.03 and its two-hundred day moving average is $4.01. The firm has a market capitalization of $7.84 million, a P/E ratio of 12.65 and a beta of 0.18. Marine Petroleum Trust has a fifty-two week low of $3.76 and a fifty-two week high of $6.50.

Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The energy company reported $0.04 earnings per share for the quarter. The firm had revenue of $170 billion for the quarter. Marine Petroleum Trust had a net margin of 63.53% and a return on equity of 63.85%.

Marine Petroleum Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $0.0771 dividend. This represents a $0.31 annualized dividend and a dividend yield of 7.87%. The ex-dividend date is Friday, February 28th. Marine Petroleum Trust’s dividend payout ratio (DPR) is presently 96.77%.

About Marine Petroleum Trust

(Get Free Report)

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.