MARPS
Marine Petroleum Trust4.2484
-0.1116-2.56%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
8.50MP/E (TTM)
13.70Basic EPS (TTM)
0.31Dividend Yield
0.08%Recent Filings
10-Q
10-K
FY2025 results
Marine Petroleum Trust's fiscal 2025 royalty income edged up 2% to $1,011,104 from 2024, driven by natural gas and liquids surges—19,524 mcf and 35,183 mcf sold, at $2.41 and $0.45 per mcf—despite oil dipping to 12,706 bbls at $74.63 per barrel. Distributable income held steady at $0.36 per unit, but Q4's $170,887 lagged Q3's $242,418, signaling production slowdown amid depleting Gulf assets. No capex or buybacks; reserves stood at $921,520, with quarterly payouts like June's $0.11 per unit. Yet volatility looms: oil price swings could slash Q1 distributions.
8-K
Q3 distribution drops sharply
Marine Petroleum Trust declared a third-quarter cash distribution of $0.068097 per unit, payable September 29, 2025, to unitholders of record August 29, 2025. This marks a decline from $0.110983 last quarter and $0.094886 in the 2024 comparable period, driven by lower oil and gas production volumes alongside mixed price shifts—oil down, gas up. Distributions hinge on delayed royalty receipts. Production dips squeeze cash flows.
8-K
Q2 distribution rises sharply
Marine Petroleum Trust declared a quarterly cash distribution of $0.110983 per unit, payable June 30, 2025, to unitholders of record May 30, 2025—up from $0.077052 last quarter and $0.055961 a year ago. Higher oil and gas volumes drove the increase, despite lower oil prices offset by stronger gas realizations. This boosts unitholder returns amid fluctuating commodity markets.
10-Q
Q3 FY2025 results
Marine Petroleum Trust's distributable income climbed to $242,418 for Q3 FY2025 ended March 31, 2025, up 110% y/y from $115,524, driven by higher oil and natural gas royalties of $332,993 versus $234,500 last year, thanks to boosted production volumes despite softer oil prices. Oil sales rose to 4,455 bbls at $71.53/bbl, while natural gas and liquids volumes surged to 6,239 mcf and 11,756 mcf, lifting their contributions. YTD through nine months, distributable income edged up 3% y/y to $557,108, with royalties flat at $778,554 amid declining oil output offset by stronger gas pricing. Cash balances held steady near $973,000, funding quarterly distributions without debt. Production declines loom as reserves deplete.
BPPTU
BP Prudhoe Bay Royalty Trust
0.23+0.00
GULTU
Gulf Coast Ultra Deep Royalty T
0.03-0.00
HGTXU
Hugoton Royalty Trust
0.30-0.01
MPC
Marathon Petroleum Corporation
176.79-8.72
MPLX
MPLX LP
53.99-0.91
MTR
Mesa Royalty Trust
4.63-0.07
MVO
MV Oil Trust
1.26-0.03
PBT
Permian Basin Royalty Trust
16.53-0.71
PRT
PermRock Royalty Trust
3.84-0.03
SBR
Sabine Royalty Trust
67.30-2.00