Marine Petroleum Trust closed at $4.26 on Nov 5, down 4.13%, 28.0% below its 52-week closing high. Volume of 6.7K shares was 1.27× its 20-day average (above normal).
Split-adjusted performance: -0.5% over one month, -12.2% over six months.
Short interest was 9.8K shares at the Oct 15 settlement, up 569.8% from the prior report (2.4 days to cover).
No recent articles focused on Marine Petroleum Trust.
Quick answers
What does Marine Petroleum Trust do?
Marine Petroleum Trust is a U.S .-based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of America.
What is MARPS's market cap?
$8.52M, based on the Nov 5 close of $4.26.
Does Marine Petroleum Trust pay a dividend?
Yes. The latest regular dividend was $0.0954 per share (ex-date Aug 31), an annualised yield of 8.96%.
What sector is MARPS in?
Financials, in the Investment Trusts industry.
About Marine Petroleum Trust
Marine Petroleum Trust is a U.S .-based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of America. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology