Research analysts at StockNews.com began coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a research report issued on Wednesday. The brokerage set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Stock Performance
Shares of Marine Petroleum Trust stock opened at $3.96 on Wednesday. Marine Petroleum Trust has a 1 year low of $3.77 and a 1 year high of $6.50. The company has a market cap of $7.92 million, a P/E ratio of 11.00 and a beta of 0.24. The stock has a 50-day moving average price of $4.06 and a 200 day moving average price of $4.05.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last posted its quarterly earnings results on Monday, September 30th. The energy company reported $0.09 earnings per share (EPS) for the quarter. Marine Petroleum Trust had a net margin of 68.16% and a return on equity of 74.48%. The business had revenue of $0.23 million during the quarter.
About Marine Petroleum Trust
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.
Featured Articles
- Five stocks we like better than Marine Petroleum Trust
- Pros And Cons Of Monthly Dividend Stocks
- Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
- What is Forex and How Does it Work?
- Is Tesla’s Valuation a Bubble or Backed by Real Growth?
- Comparing and Trading High PE Ratio Stocks
- Trucking Stocks Led the Pack Last Week: Can They Keep Rolling?
Receive News & Ratings for Marine Petroleum Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marine Petroleum Trust and related companies with MarketBeat.com's FREE daily email newsletter.
