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Marine Petroleum Trust - $MARPS STOCK NEWS

Welcome to our dedicated page for Marine Petroleum Trust news (Ticker: $MARPS), a resource for investors and traders seeking the latest updates and insights on Marine Petroleum Trust stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marine Petroleum Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marine Petroleum Trust's position in the market.

Rhea-AI Summary
Marine Petroleum Trust (MARPS) declares a quarterly cash distribution of $0.101611 per unit, higher than the previous quarter but lower than the comparable quarter in 2023. The increase is attributed to decreased administrative expenses but offset by lower oil and gas production volumes and prices. Marine's distributions are based on royalties received, with oil royalties coming two months after production and gas royalties three months after production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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Rhea-AI Summary

Marine Petroleum Trust (NASDAQ: MARPS) announced a quarterly cash distribution of $0.083661 per unit, payable on December 28, 2023, to unitholders of record on November 30, 2023. This distribution is lower than the previous quarter and the comparable quarter in 2022 due to decreased oil and natural gas production volumes and realized prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
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none
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Rhea-AI Summary
Marine Petroleum Trust declares quarterly cash distribution of $0.121831 per unit, slightly higher than last quarter's $0.110168. Volumes of oil and natural gas have increased while prices have decreased. Distribution is lower than last year's $0.261822 per unit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.4%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.43%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.01%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.69%
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none
Marine Petroleum Trust

Nasdaq:MARPS

MARPS Rankings

MARPS Stock Data

8.32M
1.61M
19.42%
1.77%
0.05%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
DALLAS