Marine Petroleum Trust - MARPS STOCK NEWS

Marine Petroleum Trust (NASDAQ: MARPS) has announced a quarterly cash distribution of $0.094886 per unit for Q3 2024, payable on September 30, 2024, to unitholders of record on August 30, 2024. This distribution is higher than the previous quarter's $0.055961 due to increased volumes and prices for both oil and natural gas. However, it's lower than the $0.121831 per unit distributed in Q3 2023. Compared to Q3 2023, oil production volume decreased while natural gas production increased, and prices for both commodities have risen. Marine's distributions are determined by royalties received up to the declaration date, typically received two months after oil production and three months after natural gas production.

Marine Petroleum Trust (NASDAQ: MARPS) announced a second-quarter cash distribution of $0.055961 per unit, payable on June 28, 2024, to unitholders of record on May 31, 2024. This distribution is lower than the previous quarter's $0.101611 per unit and the comparable quarter in 2023 at $0.110168 per unit.

The decrease in distribution is attributed to lower realized prices for both oil and natural gas despite an increase in natural gas production. Conversely, oil production decreased compared to the same quarter last year.

Marine's distributions are determined by royalties, which are received two months after oil production and three months after natural gas production.

Marine Petroleum Trust (MARPS) declares a quarterly cash distribution of $0.101611 per unit, higher than the previous quarter but lower than the comparable quarter in 2023. The increase is attributed to decreased administrative expenses but offset by lower oil and gas production volumes and prices. Marine's distributions are based on royalties received, with oil royalties coming two months after production and gas royalties three months after production.

Marine Petroleum Trust (NASDAQ: MARPS) announced a quarterly cash distribution of $0.083661 per unit, payable on December 28, 2023, to unitholders of record on November 30, 2023. This distribution is lower than the previous quarter and the comparable quarter in 2022 due to decreased oil and natural gas production volumes and realized prices.

Marine Petroleum Trust declares quarterly cash distribution of $0.121831 per unit, slightly higher than last quarter's $0.110168. Volumes of oil and natural gas have increased while prices have decreased. Distribution is lower than last year's $0.261822 per unit.

Marine Petroleum Trust (NASDAQ: MARPS) announced a quarterly cash distribution of $0.159312 per unit, payable on March 28, 2023, to unitholders of record on February 28, 2023. This distribution is lower than the $0.244387 per unit distributed last quarter but higher compared to $0.107485 from the same quarter in 2022. The decrease in this quarter's distribution was attributed to reduced volumes of oil and natural gas produced, although the price for natural gas slightly increased. Marine's distributions depend on royalties received, with variances linked to oil and natural gas production timelines.

Marine Petroleum Trust (NASDAQ: MARPS) announced a quarterly cash distribution of $0.244387 per unit, payable on December 28, 2022. This distribution is lower than the previous quarter's $0.261822 but higher than $0.106743 in the same quarter last year. The company noted a decrease in oil and natural gas production volumes, although realized prices for both increased. Distributions are based on royalties received up to the declaration date, with a time lag in receiving royalties from production.

Marine Petroleum Trust (NASDAQ: MARPS) has declared a quarterly cash distribution of $0.261822 per unit, set to be paid on September 28, 2022, with a record date of August 31, 2022. This amount is an increase from the previous quarter's distribution of $0.197500 and also surpasses the $0.064312 distributed in the same quarter of 2021. The increase is attributed to higher production volumes and realized prices for oil and natural gas compared to prior periods.