Marine Petroleum Trust
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $9.5M
- Price
- $4.77
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.42%
- Volume
- 833
About
Marine Petroleum Trust, in conjunction with its subsidiary Marine Petroleum Corporation, operates as a royalty trust within the United States. As of June 30, 2021, its portfolio encompassed an overriding royalty interest in 55 distinct oil and natural gas leases. These leases collectively spanned an estimated 199,868 gross acres, situated across the Central and Western regions of the Gulf of Mexico, offshore both Louisiana and Texas. The Trust, which was originally established in 1956, maintains its corporate headquarters in Dallas, Texas.
Quick stats
Shares outstanding2.0M
Computed float1.3M
Float / shares63.1%
Key info
SectorEnergy
IndustryOil & Gas Midstream
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000062362
Websitehttps://www.marps-marine.com
AI Summary
AI-generated3mo agominorbearishdividend
MARINE PETROLEUM TRUST ANNOUNCES SECOND QUARTER CASH DISTRIBUTION
Marine Petroleum Trust declared a Q2 2026 cash distribution of $0.096470 per unit, payable June 29, 2026.
This represents a sequential decline from the previous quarter's $0.101614 and a year-over-year decline from $0.110983.
The reduction is attributed to lower realized oil prices and decreased oil production volumes, partially offset by higher natural gas prices.
Red flags
- Distribution cut sequentially and year-over-year
- Declining oil production volumes and realized prices