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.)
- $8.5M
- Price
- $4.27
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.23%
- Volume
- 972
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 float1.5M
Float / shares75.6%
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-generated1/4
minormixeddividend
MARINE PETROLEUM TRUST ANNOUNCES THIRD QUARTER CASH DISTRIBUTION
Marine Petroleum Trust declared a quarterly cash distribution of $0.095378 per unit, payable on September 28, 2026 to unitholders of record on August 31, 2026.
The distribution decreased from the prior quarter's $0.096470 due to lower production volumes, though it remains significantly higher than the $0.068097 distributed in the same quarter of 2025.
Management noted that realized oil prices increased while natural gas prices decreased compared to the previous quarter.
Red flags
- Distribution declined sequentially from $0.096470 to $0.095378 due to lower production volumes