StockNews.com initiated coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a note issued to investors on Monday. The brokerage set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Price Performance
NASDAQ MARPS opened at $3.92 on Monday. Marine Petroleum Trust has a 12 month low of $3.76 and a 12 month high of $5.42. The firm’s 50-day moving average is $3.92 and its two-hundred day moving average is $4.00. The stock has a market capitalization of $7.84 million, a P/E ratio of 12.65 and a beta of 0.01.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last released its earnings results on Thursday, February 13th. The energy company reported $0.04 EPS for the quarter. Marine Petroleum Trust had a return on equity of 63.85% and a net margin of 63.53%. The firm had revenue of $170 billion during the quarter.
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.
Read More
- Five stocks we like better than Marine Petroleum Trust
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Beware of BigBear.ai: Insiders Are Selling—Should You?
- What Are Dividend Contenders? Investing in Dividend Contenders
- CrowdStrike Stock is a Buy as Cyberthreat Environment Expands
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Congress! Who Traded What During the Tariff-Induced MeltdownÂ
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.
