MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION
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) ha dichiarato una distribuzione di cassa trimestrale pari a $0.102923 per unità, che sarà pagabile il 30 dicembre 2024, agli azionisti registrati il 29 novembre 2024. Questa distribuzione è superiore sia rispetto ai $0.094886 del trimestre precedente sia ai $0.083661 dello stesso trimestre dell'anno passato. L'aumento riflette volumi e prezzi del petrolio più elevati rispetto al trimestre precedente, nonostante la diminuzione dei prezzi del gas naturale. Rispetto al quarto trimestre del 2023, la produzione di petrolio è diminuita mentre quella di gas naturale è aumentata, con prezzi per entrambi i prodotti che mostrano un miglioramento.
Marine Petroleum Trust (NASDAQ: MARPS) ha declarado una distribución de efectivo trimestral de $0.102923 por unidad, que se pagará el 30 de diciembre de 2024, a los accionistas registrados el 29 de noviembre de 2024. Esta distribución es superior tanto a los $0.094886 del trimestre anterior como a los $0.083661 del trimestre del año pasado. El aumento refleja mayores volúmenes y precios del petróleo en comparación con el trimestre anterior, a pesar de la disminución en los precios del gas natural. En comparación con el cuarto trimestre de 2023, la producción de petróleo disminuyó mientras que la producción de gas natural aumentó, con precios para ambas materias primas mostrando mejora.
Marine Petroleum Trust (NASDAQ: MARPS)는 $0.102923 단위당 분기 현금 배당금을 발표했으며, 2024년 12월 30일에 2024년 11월 29일 기준 주주에게 지급될 예정입니다. 이 배당금은 이전 분기의 $0.094886과 작년 동기 $0.083661보다 높습니다. 이번 증가분은 지난 분기에 비해 더 높은 유가 및 유가량을 반영하고 있으며, 천연가스 가격은 감소했습니다. 2023년 4분기와 비교할 때 원유 생산은 감소했지만 천연가스 생산은 증가했으며, 두 상품 모두 가격이 개선되었습니다.
Marine Petroleum Trust (NASDAQ: MARPS) a annoncé une distribution de trésorerie trimestrielle de $0.102923 par unité, qui sera versée le 30 décembre 2024, aux actionnaires inscrits le 29 novembre 2024. Cette distribution est supérieure à celle du trimestre précédent de $0.094886 et à celle du même trimestre de l'année dernière de $0.083661. L'augmentation reflète des volumes et des prix du pétrole plus élevés par rapport au trimestre précédent, malgré une baisse des prix du gaz naturel. Par rapport au quatrième trimestre 2023, la production de pétrole a diminué tandis que la production de gaz naturel a augmenté, avec des prix pour les deux produits affichant une amélioration.
Marine Petroleum Trust (NASDAQ: MARPS) hat eine vierteljährliche Barauszahlung von $0.102923 pro Einheit angekündigt, die am 30. Dezember 2024 an die am 29. November 2024 eingetragenen Anteilseigner ausgezahlt wird. Diese Auszahlung liegt über den $0.094886 des vorherigen Quartals und den $0.083661 des Vorjahresquartals. Der Anstieg spiegelt höhere Ölvolumina und -preise im Vergleich zum letzten Quartal wider, trotz gesunkener Erdgaspreise. Im Vergleich zum vierten Quartal 2023 sank die Ölproduktion, während die Erdgasproduktion zunahm, wobei die Preise für beide Rohstoffe eine Verbesserung zeigen.
- Quarterly distribution increased 8.5% from previous quarter ($0.102923 vs $0.094886)
- Distribution increased 23% year-over-year ($0.102923 vs $0.083661)
- Oil volumes and prices increased compared to previous quarter
- Natural gas production increased compared to Q4 2023
- Both oil and natural gas prices improved year-over-year
- Natural gas pricing decreased compared to previous quarter
- Oil production volumes decreased compared to Q4 2023
Insights
The latest distribution represents a
With a market cap of just
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-fourth-quarter-cash-distribution-302308647.html
SOURCE Marine Petroleum Trust
FAQ
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