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MARPS

Marine Petroleum Trust

Industry

Oil & Gas Midstream

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of June 30, 2021, the company had an overriding royalty interest in 55 oil and natural gas leases covering approximately 199,868 gross acres located in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was incorporated in 1956 and is based in Dallas, Texas.

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Portfolio Pulse from Avi Kapoor

April 15, 2024 | 9:45 am

Marine Petroleum Trust (NASDAQ:MARPS) announced a quarterly dividend of 10.16 cents per share, going ex-dividend on Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout on March 28, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

Marine Petroleum Trust (NASDAQ:MARPS) announced a quarterly dividend of 8.37 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on December 28, 2023. The stock is expected to open 8.37 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 2:45 pm

Marine Petroleum Trust (NASDAQ:MARPS) announced a quarterly dividend of 11.02 cents per share, payable on June 28, 2023. The stock will go ex-dividend on Tuesday, and shareholders must own the stock prior to the ex-dividend date to be eligible for the payout.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:49 pm

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