Equities researchers at StockNews.com started coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a research report issued on Friday. The brokerage set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Trading Up 1.6 %
NASDAQ MARPS opened at $4.04 on Friday. Marine Petroleum Trust has a 12 month low of $3.77 and a 12 month high of $6.50. The stock has a 50-day simple moving average of $4.07 and a 200 day simple moving average of $4.03. The company has a market capitalization of $8.11 million, a PE ratio of 10.92 and a beta of 0.24.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last posted its earnings results on Monday, September 30th. The energy company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $0.23 million during the quarter. Marine Petroleum Trust had a return on equity of 74.22% and a net margin of 68.94%.
Marine Petroleum Trust Company Profile
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
- Learn Technical Analysis Skills to Master the Stock Market
- Eli Lilly, Pfizer, and AstraZeneca: 2025 Vaccine Makers to Watch
- The 3 Best Blue-Chip Stocks to Buy Now
- DICK’S Sporting Goods: The Under-the-Radar Buy-and-Hold Winner
- Business Services Stocks Investing
- 2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ
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.
