Research analysts at StockNews.com initiated coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a research note issued on Monday. The firm set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Stock Up 0.3 %
Shares of MARPS opened at $3.79 on Monday. Marine Petroleum Trust has a twelve month low of $3.77 and a twelve month high of $6.50. The stock has a market capitalization of $7.58 million, a P/E ratio of 10.24 and a beta of 0.25. The company has a 50 day moving average of $3.96 and a 200-day moving average of $3.98.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last announced its quarterly earnings data on Monday, September 30th. The energy company reported $0.09 earnings per share for the quarter. The company 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 Stories
- Five stocks we like better than Marine Petroleum Trust
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- CarMax Gets in Gear: Is Now the Time to Buy?
- Consumer Discretionary Stocks Explained
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
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.
