Marine Petroleum Trust

Equities

MARPS

US5684231070

Oil & Gas Exploration and Production

Market Closed - Nasdaq Other stock markets 21:30:00 28/06/2024 BST			5-day change	1st Jan Change
3.95 ^USD	+0.38%		+1.02%	-1.99%

05-20	Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2024	CI
05-14	Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	CI

Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024

May 14, 2024 at 07:19 pm

Marine Petroleum Trust reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported revenue was USD 0.24757 million compared to USD 0.300607 million a year ago. Net income was USD 0.115524 million compared to USD 0.215803 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.
For the nine months, revenue was USD 0.815159 million compared to USD 1.34 million a year ago. Net income was USD 0.542819 million compared to USD 1.12 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.56 a year ago.

Latest news about Marine Petroleum Trust

Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2024	05-20	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	05-14	CI
Marine Petroleum Trust Declares First Quarter Cash Dividend, Payable on March 28, 2024	02-16	CI
Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	02-14	CI
Marine Petroleum Trust Declares Fourth Quarter Cash Distribution, Payable on December 28, 2023	11-17	CI
Marine Petroleum Trust Reports Earnings Results for the First Quarter Ended September 30, 2023	11-13	CI
Marine Petroleum Trust Reports Earnings Results for the Full Year Ended June 30, 2023	26/09/23	CI
Marine Petroleum Trust Announces Cash Distribution for Third Quarter 2023, Payable on September 28, 2023	21/08/23	CI
Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2023	19/05/23	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	15/05/23	CI
Marine Petroleum Trust Announces First Quarter Cash Distribution, Payable on March 28, 2023	17/02/23	CI
Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	14/02/23	CI
Marine Petroleum Trust Announces Decrease in Fourth Quarter Cash Distribution, Payable on December 28, 2022	18/11/22	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter Ended September 30, 2022	14/11/22	CI
Top Premarket Decliners	08/09/22	MT
Marine Petroleum Trust Reports Earnings Results for the Full Year Ended June 30, 2022	31/08/22	CI
Marine Petroleum Trust Announces Third Quarter Cash Distribution Payable on September 28, 2022	19/08/22	CI
Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2022	20/05/22	CI
Marine Petroleum Trust Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	16/05/22	CI
Top Premarket Decliners	14/03/22	MT
Top Premarket Gainers	08/03/22	MT
Top Premarket Gainers	07/03/22	MT
Marine Petroleum Trust Declares Quarterly Cash Distribution, Payable on March 28, 2022	17/02/22	CI
Marine Petroleum Trust Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	14/02/22	CI
Top Premarket Decliners	01/02/22	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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