Marine Petroleum Trust declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.159312 per unit, payable on March 28, 2023, to unitholders of record on February 28, 2023. This distribution of $0.159312 per unit is lower than the $0.244387 per unit distributed last quarter. This quarter, volumes of both oil and natural gas produced and included in this distribution and the price realized for oil have decreased while the price realized for natural gas slightly increased.

This distribution is higher than the $0.107485 per unit distributed in the comparable quarter in 2022.