Marine Petroleum Trust

Equities

MARPS

US5684231070

Oil & Gas Exploration and Production

Market Closed - Nasdaq Other stock markets 04:30:00 2024-04-26 pm EDT			5-day change	1st Jan Change
4.2 ^USD	+0.72%		-1.41%	+4.22%

Feb. 16	Marine Petroleum Trust Declares First Quarter Cash Dividend, Payable on March 28, 2024	CI
Feb. 14	Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	CI

Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023

February 14, 2024 at 08:31 am EST

Marine Petroleum Trust reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was USD 0.262914 million compared to USD 0.435129 million a year ago. Net income was USD 0.199238 million compared to USD 0.378969 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.19 a year ago.
For the six months, revenue was USD 0.567589 million compared to USD 1.04 million a year ago. Net income was USD 0.427295 million compared to USD 0.901338 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.45 a year ago.

Latest news about Marine Petroleum Trust

Marine Petroleum Trust Declares First Quarter Cash Dividend, Payable on March 28, 2024	Feb. 16	CI
Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 14	CI
Marine Petroleum Trust Declares Fourth Quarter Cash Distribution, Payable on December 28, 2023	Nov. 17	CI
Marine Petroleum Trust Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 13	CI
Marine Petroleum Trust Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-26	CI
Marine Petroleum Trust Announces Cash Distribution for Third Quarter 2023, Payable on September 28, 2023	23-08-21	CI
Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2023	23-05-19	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-05-15	CI
Marine Petroleum Trust Announces First Quarter Cash Distribution, Payable on March 28, 2023	23-02-17	CI
Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-14	CI
Marine Petroleum Trust Announces Decrease in Fourth Quarter Cash Distribution, Payable on December 28, 2022	22-11-18	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter Ended September 30, 2022	22-11-14	CI
Top Premarket Decliners	22-09-08	MT
Marine Petroleum Trust Reports Earnings Results for the Full Year Ended June 30, 2022	22-08-31	CI
Marine Petroleum Trust Announces Third Quarter Cash Distribution Payable on September 28, 2022	22-08-19	CI
Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2022	22-05-20	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	22-05-16	CI
Top Premarket Decliners	22-03-14	MT
Top Premarket Gainers	22-03-08	MT
Top Premarket Gainers	22-03-07	MT
Marine Petroleum Trust Declares Quarterly Cash Distribution, Payable on March 28, 2022	22-02-17	CI
Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	22-02-14	CI
Top Premarket Decliners	22-02-01	MT
Energy Stocks Sink as Crude Oil Prices Slide	21-11-19	MT
Energy Stocks Sinking Friday Amid Nearly 4% Drop for WTI Crude Oil	21-11-19	MT

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Company Profile

Marine Petroleum Trust (the Trust) is a royalty trust. The Trust is engaged in the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico, pursuant to license agreements and amendments between the Trustâs predecessors and Gulf Oil Corporation (Gulf). Its Indenture provides that the corporate trustee is to distribute all cash in the Trust, less an amount reserved for the payment of accrued liabilities and estimated future expenses, to unitholders of record on the last business day of February, May, August and November. The payments are to be made on the 28th day of September, December, March and June of each year. The Trustâs subsidiary, Marine Petroleum Corporation (MPC), holds title to interests in properties that are situated offshore of Louisiana. MPC is engaged in the administration and collection of royalties. MPC rights are generally referred to as overriding royalty interests in the oil and natural gas industry.

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Oil & Gas Exploration and Production

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Sector Other Oil & Gas Exploration and Production

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