1 week Ago By ABMN Staff
StockNews.com started coverage on shares of Marine Petroleum Trust ( NASDAQ:MARPS – Free Report ) in a report released on Monday morning. The firm issued a hold rating on the energy company’s stock.
Marine Petroleum Trust Stock Down 0.8 % Marine Petroleum Trust stock opened at $3.76 on Monday.
Marine Petroleum Trust has a twelve month low of $3.76 and a twelve month high of $6.50.
The stock’s fifty day simple moving average is $3.95 and its 200-day simple moving average is $3.97.
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.
Marine Petroleum Trust had a return on equity of 74.22% and a net margin of 68.94%.
The business had revenue of $0.23 million during the quarter. Marine Petroleum Trust Increases Dividend Marine Petroleum Trust Company Profile ( Get Free Report ) 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. Read More 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.
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