Welcome to our dedicated page for Marine Petroleum news (Ticker: MARPS), a resource for investors and traders seeking the latest updates and insights on Marine Petroleum stock.
Marine Petroleum Trust (MARPS) provides investors with centralized access to official news and regulatory filings related to its Gulf of Mexico oil and gas royalty operations. This resource delivers timely updates on cash distributions, production royalties, and operational developments affecting the trust.
Investors can track quarterly royalty payments, regulatory disclosures, and strategic updates through verified press releases. The archive maintains historical context while emphasizing current developments in offshore energy markets relevant to MARPS unitholders.
Key updates include distribution announcements, production area expansions, and compliance filings with Louisiana regulatory bodies. Content is curated to reflect the trust's unique position in energy finance without speculative commentary.
Bookmark this page for direct access to MARPS' official communications and third-party analyses vetted for factual accuracy. Regular updates ensure stakeholders maintain current understanding of royalty payment structures and Gulf production trends.
Marine Petroleum Trust (NASDAQ: MARPS) has announced its Q1 2025 cash distribution of $0.077052 per unit, payable on March 28, 2025, to unitholders of record on February 28, 2025. This distribution represents a decrease from both the previous quarter's $0.102923 and the year-ago quarter's $0.101611 per unit.
The decline in distribution is attributed to decreased oil and natural gas production volumes compared to the previous quarter. While natural gas prices increased quarter-over-quarter, oil prices decreased. Compared to Q1 2024, oil production volume decreased while natural gas volume increased, with prices for both commodities showing declines.
Marine Petroleum Trust (NASDAQ: MARPS) has declared a quarterly cash distribution of $0.102923 per unit, payable on December 30, 2024, to unitholders of record on November 29, 2024. This distribution is higher than both the previous quarter's $0.094886 and the year-ago quarter's $0.083661. The increase reflects higher oil volumes and prices compared to last quarter, despite decreased natural gas pricing. Compared to Q4 2023, oil production decreased while natural gas production increased, with prices for both commodities showing improvement.
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 (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 (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.
