Stock analysts at StockNews.com assumed coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a report issued on Sunday. The firm set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Stock Performance
NASDAQ MARPS opened at $3.81 on Friday. Marine Petroleum Trust has a 12 month low of $3.77 and a 12 month high of $6.50. The company’s fifty day moving average price is $4.00 and its two-hundred day moving average price is $3.99.
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. The company had revenue of $0.23 million for the quarter. Marine Petroleum Trust had a net margin of 68.94% and a return on equity of 74.22%.
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 Stories
- Five stocks we like better than Marine Petroleum Trust
- Manufacturing Stocks Investing
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Using the MarketBeat Dividend Tax Calculator
- Texas Instruments: The Old-School Tech Titan Still Delivering
- Why Invest in 5G? How to Invest in 5G Stocks
- GRAIL: Biotech Stock Targeting $100B Cancer Market
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.
