MARINE PETROLEUM TRUST ANNOUNCES FOURTH QUARTER CASH DISTRIBUTION
Rhea-AI Summary
Marine Petroleum Trust (NASDAQ: MARPS) declared a quarterly cash distribution of $0.049136 per unit, payable Dec 29, 2025 to unitholders of record on Nov 28, 2025.
This distribution is lower than the prior quarter's $0.068097 per unit and lower than the comparable quarter in 2024 of $0.102923 per unit. Oil production volume rose while natural gas volume fell versus the prior quarter; prices realized for both oil and natural gas were lower versus the prior quarter. Versus the same quarter in 2024, oil volume increased and natural gas volume decreased; oil prices fell while natural gas prices rose.
Distributions are determined by royalties received up to the declaration date; royalties generally arrive two months after oil production and three months after natural gas production. Additional reports and SEC filings are available on the company's website and by mail on request.
Positive
- Distribution declared of $0.049136 per unit
- Payable Dec 29, 2025 to holders of record on Nov 28, 2025
- Oil production volume increased versus prior quarter
- Oil volume increased year-over-year
Negative
- Distribution down from prior quarter: $0.068097 prior
- Distribution down year-over-year from $0.102923
- Natural gas production volume decreased versus prior quarter and year
- Prices realized for oil and natural gas lower versus prior quarter
News Market Reaction
On the day this news was published, MARPS declined 2.03%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
This distribution of
Marine's distributions to unitholders are determined by royalties received up to the date the distribution amount is declared. In general, Marine receives royalties two months after oil production and three months after natural gas production.
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Contact: |
Nancy Willis |
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Director of Royalty Trust Services |
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Argent Trust Company, Trustee |
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Toll Free – 1.855.588-7839 |
View original content:https://www.prnewswire.com/news-releases/marine-petroleum-trust-announces-fourth-quarter-cash-distribution-302615672.html
SOURCE Marine Petroleum Trust