Marine Petroleum Trust (Nasdaq:MARP.S) - Stock Price, News & Analysis

MARP.S Stock Overview

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States.

About the company

MARP.S fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 65.1% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap ($9M)

Unstable dividend track record

Does not have meaningful revenue ($1M)

Marine Petroleum Trust Competitors

ECA Marcellus Trust I

OTCPK:ECTM

US$8.0m

AMEN Properties

OTCPK:AMEN

US$24.0m

Chesapeake Granite Wash Trust

OTCPK:CHKR

US$28.5m

Mexco Energy

NYSEAM:MXC

US$27.0m

Price History & Performance

Summary of all time highs, changes and price drops for Marine Petroleum Trust
Historical stock prices
Current Share Price	US$4.31
52 Week High	US$7.83
52 Week Low	US$3.90
Beta	0.17
1 Month Change	5.08%
3 Month Change	-10.24%
1 Year Change	-39.96%
3 Year Change	7.44%
5 Year Change	85.00%
Change since IPO	-49.32%

Recent updates

Shareholder Returns

	MARP.S	US Oil and Gas	US Market
7D	-2.3%	2.4%	1.2%
1Y	-40.0%	16.2%	24.9%

Return vs Industry: MARP.S underperformed the US Oil and Gas industry which returned 16% over the past year.

Return vs Market: MARP.S underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is MARP.S's price volatile compared to industry and market?
MARP.S volatility
MARP.S Average Weekly Movement	8.4%
Oil and Gas Industry Average Movement	4.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: MARP.S's share price has been volatile over the past 3 months.

Volatility Over Time: MARP.S's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1956	n/a	n/a	www.marps-marine.com

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.

Marine Petroleum Trust Fundamentals Summary

How do Marine Petroleum Trust's earnings and revenue compare to its market cap?
MARP.S fundamental statistics
Market cap	US$8.70m
Earnings (TTM)	US$901.37k
Revenue (TTM)	US$1.18m

9.6x

P/E Ratio

7.3x

P/S Ratio

Is MARP.S overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MARP.S income statement (TTM)
Revenue	US$1.18m
Cost of Revenue	US$0
Gross Profit	US$1.18m
Other Expenses	US$279.58k
Earnings	US$901.37k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.45
Gross Margin	100.00%
Net Profit Margin	76.33%
Debt/Equity Ratio	0%

How did MARP.S perform over the long term?

See historical performance and comparison

Dividends

18.1%

Current Dividend Yield

106%

Payout Ratio

MARP.S Stock Overview

Rewards

Risk Analysis

Marine Petroleum Trust Competitors

OTCPK:ECTM

US$8.0m

OTCPK:AMEN

US$24.0m

OTCPK:CHKR

US$28.5m

NYSEAM:MXC

US$27.0m

Price History & Performance

Recent News & Updates

Investor sentiment deteriorates as stock falls 21%

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.10 per share

Second quarter dividend of US$0.10 announced

Marine Petroleum Trust Declares First Quarter Cash Dividend, Payable on March 28, 2024

Second quarter 2024 earnings released: EPS: US$0.10 (vs US$0.19 in 2Q 2023)

Recent updates

Investor sentiment deteriorates as stock falls 21%

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.10 per share

Second quarter dividend of US$0.10 announced

Marine Petroleum Trust Declares First Quarter Cash Dividend, Payable on March 28, 2024

Second quarter 2024 earnings released: EPS: US$0.10 (vs US$0.19 in 2Q 2023)

Investor sentiment improves as stock rises 15%

Upcoming dividend of US$0.084 per share at 17% yield

Marine Petroleum Trust Declares Fourth Quarter Cash Distribution, Payable on December 28, 2023

First quarter 2024 earnings released: EPS: US$0.11 (vs US$0.26 in 1Q 2023)

Full year 2023 earnings released: EPS: US$0.69 (vs US$0.60 in FY 2022)

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Marine Petroleum Trust Announces Cash Distribution for Third Quarter 2023, Payable on September 28, 2023

Investor sentiment improves as stock rises 16%

New major risk - Market cap size

Investor sentiment deteriorates as stock falls 21%

Upcoming dividend of US$0.11 per share at 6.5% yield

Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2023

Investor sentiment improves as stock rises 19%

Marine Petroleum Trust Announces First Quarter Cash Distribution, Payable on March 28, 2023

Investor sentiment deteriorated over the past week

Marine Petroleum Trust Announces Decrease in Fourth Quarter Cash Distribution, Payable on December 28, 2022

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: US$0.60 (vs US$0.081 in FY 2021)

Investor sentiment improved over the past week

Marine Petroleum Trust Announces Third Quarter Cash Distribution Payable on September 28, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Marine Petroleum Trust Announces Second Quarter Cash Distribution, Payable on June 28, 2022

Third quarter 2022 earnings released: EPS: US$0.19 (vs US$0.006 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Marine Petroleum Trust Declares Quarterly Cash Distribution, Payable on March 28, 2022

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS US$0.10 (vs US$0.017 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS US$0.081 (vs US$0.29 in FY 2020)

Upcoming dividend of US$0.064 per share

Marine Petroleum Trust Declares Quarterly Cash Distribution, Payable on June 28, 2021

Third quarter 2021 earnings released: EPS US$0.006 (vs US$0.075 in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$0.002 (vs US$0.054 in 2Q 2020)

Investor sentiment improved over the past week

New 90-day high: US$3.99

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$0.017

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: US$3.75

Full year earnings released - EPS US$0.29

New 90-day low - US$1.70

Shareholder Returns

Price Volatility

About the Company