Marine Petroleum Trust (MARPS) Stock Price, News & Analysis

Company Overview

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.

Key Stats

• Today's Range: $3.85 to $3.95
• 50-Day Range: $3.82 to $4.63
• 52-Week Range: $3.77 to $6.50
• Volume: 3,117 shs
• Average Volume: 13,430 shs
• Market Capitalization: $7.82 million
• P/E Ratio: 10.68
• Dividend Yield: 9.62%
• Price Target: N/A
• Consensus Rating: N/A

Marine Petroleum Trust Stock Analysis - MarketRank™

Marine Petroleum Trust scored higher than 52% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Marine Petroleum Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Marine Petroleum Trust is 10.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of Marine Petroleum Trust is 10.68, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.16.

Price to Book Value per Share Ratio

Marine Petroleum Trust has a P/B Ratio of 8.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.18% of the float of Marine Petroleum Trust has been sold short.

Short Interest Ratio / Days to Cover

Marine Petroleum Trust has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Marine Petroleum Trust has recently decreased by 17.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Marine Petroleum Trust is a leading dividend payer. It pays a dividend yield of 9.71%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Marine Petroleum Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Marine Petroleum Trust is 102.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.18% of the float of Marine Petroleum Trust has been sold short.

Short Interest Ratio / Days to Cover

Marine Petroleum Trust has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Marine Petroleum Trust has recently decreased by 17.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.46

News Sentiment

Marine Petroleum Trust has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Marine Petroleum Trust this week, compared to 0 articles on an average week.

MarketBeat Follows

2 people have added Marine Petroleum Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Marine Petroleum Trust insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 1.76% of the stock of Marine Petroleum Trust is held by institutions.

MARPS Stock Analysis - Frequently Asked Questions

How have MARPS shares performed this year?

Marine Petroleum Trust's stock was trading at $4.03 at the start of the year. Since then, MARPS stock has decreased by 2.0% and is now trading at $3.9499.
View the best growth stocks for 2024 here.

How were Marine Petroleum Trust's earnings last quarter?

Marine Petroleum Trust (NASDAQ:MARPS) released its earnings results on Monday, September, 30th. The energy company reported $0.09 earnings per share for the quarter. The energy company earned $0.23 million during the quarter. Marine Petroleum Trust had a net margin of 68.94% and a trailing twelve-month return on equity of 74.22%.

How do I buy shares of Marine Petroleum Trust?

Shares of MARPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 9/30 Dividend: 8/30/2024
• Last Earnings: 9/30/2024
• Dividend Payable: 9/30/2024
• Today: 11/16/2024
• Next Earnings (Estimated): 2/12/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Oil royalty traders
• Sub-Industry: Trading
• Current Symbol: NASDAQ:MARPS
• CUSIP: N/A
• CIK: 62362
• Web: www.marps-marine.com
• Phone: (855) 588-7839
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.37
• Trailing P/E Ratio: 10.68
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $710,000.00
• Net Margins: 68.94%
• Pretax Margin: 68.94%
• Return on Equity: 74.22%
• Return on Assets: 74.22%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.04 million
• Price / Sales: N/A
• Cash Flow: $0.36 per share
• Price / Cash Flow: 10.97
• Book Value: $0.48 per share
• Price / Book: 8.23

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: $7.82 million
• Optionable: Not Optionable
• Beta: 0.24