MARINE PETROLEUM TRUST ANNOUNCES FIRST QUARTER CASH DISTRIBUTION
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) ha annunciato la sua distribuzione di cassa per il primo trimestre del 2025 di $0.077052 per unità, che sarà pagata il 28 marzo 2025 agli azionisti registrati il 28 febbraio 2025. Questa distribuzione rappresenta una diminuzione rispetto alla distribuzione del trimestre precedente di $0.102923 e rispetto a quella dello stesso trimestre dell'anno scorso di $0.101611 per unità.
Il calo della distribuzione è attribuito a un volume di produzione di petrolio e gas naturale diminuito rispetto al trimestre precedente. Sebbene i prezzi del gas naturale siano aumentati rispetto al trimestre precedente, i prezzi del petrolio sono diminuiti. Rispetto al primo trimestre del 2024, il volume di produzione di petrolio è diminuito mentre il volume di gas naturale è aumentato, con i prezzi di entrambi i prodotti che mostrano un calo.
Marine Petroleum Trust (NASDAQ: MARPS) ha anunciado su distribución de efectivo para el primer trimestre de 2025 de $0.077052 por unidad, que se pagará el 28 de marzo de 2025 a los accionistas registrados el 28 de febrero de 2025. Esta distribución representa una disminución tanto respecto a los $0.102923 del trimestre anterior como a los $0.101611 del mismo trimestre del año pasado por unidad.
La disminución en la distribución se atribuye a un volumen de producción de petróleo y gas natural disminuido en comparación con el trimestre anterior. Mientras que los precios del gas natural aumentaron de un trimestre a otro, los precios del petróleo disminuyeron. En comparación con el primer trimestre de 2024, el volumen de producción de petróleo disminuyó mientras que el volumen de gas natural aumentó, con precios de ambas materias primas mostrando caídas.
Marine Petroleum Trust (NASDAQ: MARPS)는 2025년 1분기 현금 배당금을 $0.077052 단위당으로 발표했으며, 2025년 3월 28일에 2025년 2월 28일 기준 주주에게 지급될 예정입니다. 이번 배당금은 이전 분기의 $0.102923 및 작년 동기 분기의 $0.101611 단위당 배당금보다 감소한 것입니다.
배당금 감소는 이전 분기에 비해 감소한 석유 및 천연가스 생산량에 기인합니다. 천연가스 가격은 분기별로 증가했지만, 석유 가격은 감소했습니다. 2024년 1분기와 비교했을 때, 석유 생산량은 감소한 반면 천연가스 생산량은 증가했으며, 두 상품의 가격 모두 감소세를 보였습니다.
Marine Petroleum Trust (NASDAQ: MARPS) a annoncé sa distribution de trésorerie pour le premier trimestre 2025 de $0.077052 par unité, payable le 28 mars 2025 aux actionnaires enregistrés le 28 février 2025. Cette distribution représente une diminution par rapport à la distribution précédente de $0.102923 et à celle du même trimestre de l'année dernière de $0.101611 par unité.
La baisse de la distribution est attribuée à une diminution des volumes de production de pétrole et de gaz naturel par rapport au trimestre précédent. Bien que les prix du gaz naturel aient augmenté d'un trimestre à l'autre, les prix du pétrole ont diminué. Par rapport au premier trimestre 2024, le volume de production de pétrole a diminué tandis que le volume de gaz naturel a augmenté, les prix des deux matières premières montrant des baisses.
Marine Petroleum Trust (NASDAQ: MARPS) hat seine Barausschüttung für das erste Quartal 2025 in Höhe von $0.077052 pro Einheit bekannt gegeben, die am 28. März 2025 an die am 28. Februar 2025 registrierten Anteilseigner ausgezahlt wird. Diese Ausschüttung stellt einen Rückgang im Vergleich zur vorherigen Ausschüttung von $0.102923 und zur Ausschüttung von vor einem Jahr von $0.101611 pro Einheit dar.
Der Rückgang der Ausschüttung wird auf die verringerten Produktionsmengen von Öl und Erdgas im Vergleich zum vorherigen Quartal zurückgeführt. Während die Preise für Erdgas im Quartalsvergleich gestiegen sind, sind die Ölpreise gesunken. Im Vergleich zum ersten Quartal 2024 ist das Produktionsvolumen von Öl gesunken, während das Produktionsvolumen von Erdgas gestiegen ist, wobei die Preise für beide Rohstoffe gesunken sind.
- Natural gas production volume increased year-over-year
- Natural gas prices improved quarter-over-quarter
- Quarterly distribution decreased 25.1% from $0.102923 to $0.077052 per unit
- Oil and natural gas production volumes declined quarter-over-quarter
- Oil prices decreased quarter-over-quarter
- Both oil and natural gas prices decreased year-over-year
- Oil production volume decreased year-over-year
Insights
The latest quarterly distribution of
The trust's distribution model, with its 2-3 month lag between production and royalty payments, creates a natural delay in reflecting current market conditions. This timing mechanism means that the announced distribution largely reflects late 2024 energy market conditions rather than current pricing dynamics. For investors, this lag effect provides some predictability but also means that distribution levels may not immediately respond to real-time market improvements.
Royalty trusts like MARPS serve as pure-play vehicles for energy commodity exposure, with distributions directly tied to production volumes and prices from specific properties. The declining distribution trend highlights the trust's inherent vulnerability to commodity price volatility and natural production declines. The current annual distribution rate, based on the latest quarterly payment, would amount to approximately
The divergence between oil and natural gas volumes (decreasing and increasing respectively) suggests changing production dynamics in the underlying properties, which could impact future distribution patterns. Investors should note that unlike traditional energy companies, royalty trusts cannot invest in new properties or drilling activities to offset natural production declines, making them particularly sensitive to base production trends.
This distribution of
Marine's distributions to unitholders are determined by royalties received up to the date the distribution amount is declared. In general, Marine receives royalties two months after oil production and three months after natural gas production.
Contact: | Jana Egeler |
VP, Royalty Trust Services | |
Argent Trust Company, Trustee | |
Toll Free – 1.855.588-7839 |
View original content:https://www.prnewswire.com/news-releases/marine-petroleum-trust-announces-first-quarter-cash-distribution-302378053.html
SOURCE Marine Petroleum Trust
FAQ
What is Marine Petroleum Trust's Q1 2025 distribution amount per unit?
When is MARPS Q1 2025 distribution payable?
How does MARPS Q1 2025 distribution compare to the previous quarter?
How does MARPS Q1 2025 distribution compare to the same quarter last year?
What factors affected MARPS Q1 2025 distribution?
