Equities research analysts at StockNews.com assumed coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Trading Up 1.0 %
Shares of MARPS stock opened at $4.00 on Tuesday. The company has a market cap of $8 million, a PE ratio of 11.11 and a beta of 0.24. Marine Petroleum Trust has a 12-month low of $3.77 and a 12-month high of $6.50. The business’s fifty day simple moving average is $4.08 and its 200-day simple moving average is $4.06.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last announced its quarterly earnings data on Monday, September 30th. The energy company reported $0.09 EPS for the quarter. The firm had revenue of $0.23 million during the quarter. Marine Petroleum Trust had a net margin of 68.16% and a return on equity of 74.48%.
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.
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