Marine Petroleum Trust Stock (NASDAQ:MARPS)
Previous Close
$4.70
52W Range
$3.79 - $7.90
50D Avg
$5.01
200D Avg
$4.74
Market Cap
$9.50M
Avg Vol (3M)
$23.81K
Beta
0.35
Div Yield
$0.32 (6.64%)
MARPS Company Profile
Marine Petroleum Trust, in conjunction with its subsidiary Marine Petroleum Corporation, operates as a royalty trust within the United States. As of June 30, 2021, its portfolio encompassed an overriding royalty interest in 55 distinct oil and natural gas leases. These leases collectively spanned an estimated 199,868 gross acres, situated across the Central and Western regions of the Gulf of Mexico, offshore both Louisiana and Texas. The Trust, which was originally established in 1956, maintains its corporate headquarters in Dallas, Texas.