Marine Petroleum Trust (MARPS) Stock

About Marine Petroleum Trust

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.

Marine Petroleum Trust is headquartered in US.

Marine Petroleum Trust (MARPS) stock trades at $4.59 with a market capitalization of $9.18M. The stock is valued at a price-to-earnings (P/E) ratio of 14.63, price-to-book of 9.76, price-to-sales of 9.54. Over the past 52 weeks the stock has ranged between $4.05 and $6.49, and currently trades 29.3% below its 52-week high. It pays a dividend yielding 8.50%.

On profitability, Marine Petroleum Trust generates a return on equity (ROE) of 66.28% — well above the market average, a sign of a high-quality business, return on capital employed of 66.19%, an operating margin of 64.71%, a net profit margin of 65.24%.

Official website: www.marps-marine.com