MARINE PETROLEUM TRUST ANNOUNCES SECOND QUARTER CASH DISTRIBUTION

Rhea-AI Summary

Marine Petroleum Trust (NASDAQ: MARPS) has declared a quarterly cash distribution of $0.110983 per unit, payable on June 30, 2025, to unitholders of record on May 30, 2025. This distribution represents a significant increase from both the previous quarter's $0.077052 and the year-ago quarter's $0.055961 per unit.

The improved distribution reflects increased production volumes for both oil and natural gas compared to the previous quarter. While oil prices were lower, natural gas prices showed improvement quarter-over-quarter. Similarly, compared to Q2 2024, production volumes for both oil and natural gas increased, with oil prices declining but natural gas prices rising.

[ "Quarterly distribution increased 44% to $0.110983 from $0.077052 in the previous quarter", "Distribution increased 98% year-over-year from $0.055961", "Higher production volumes for both oil and natural gas compared to previous quarter", "Natural gas prices improved both quarter-over-quarter and year-over-year" ]

Positive

• None.

Negative

• Oil prices declined both quarter-over-quarter and year-over-year

DALLAS, May 19, 2025 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.110983 per unit, payable on June 30, 2025, to unitholders of record on May 30, 2025. Marine's 2024 tax information, cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marine.com/. Additionally, printed reports can be requested and are mailed free of charge.

This distribution of $0.110983 per unit is higher than the $0.077052 per unit distributed last quarter. The volumes of both oil and natural gas produced have increased when compared to the previous quarter. Prices realized for oil were lower, while natural gas was higher compared to the last quarter. This distribution is higher than the $0.055961 per unit distributed in the comparable quarter in 2024. As compared to the same quarter in 2024, there was an increase in the volume of oil and natural gas produced. As compared to the same quarter in 2024, prices realized for oil decreased while natural gas has increased.

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.

Contact:	Jana Egeler
	VP, Royalty Trust Services
	Argent Trust Company, Trustee
	Toll Free – 1.855.588-7839

View original content:https://www.prnewswire.com/news-releases/marine-petroleum-trust-announces-second-quarter-cash-distribution-302457300.html

SOURCE Marine Petroleum Trust

FAQ

What is the MARPS dividend payment for Q2 2025?

Marine Petroleum Trust (MARPS) declared a quarterly cash distribution of $0.110983 per unit, payable on June 30, 2025, to unitholders of record on May 30, 2025.

How does Marine Petroleum Trust's Q2 2025 distribution compare to previous quarters?

The Q2 2025 distribution of $0.110983 is 44% higher than the previous quarter's $0.077052 and 98% higher than Q2 2024's $0.055961 per unit.

What factors affected MARPS distribution in Q2 2025?

The distribution was positively affected by increased production volumes in both oil and natural gas, and higher natural gas prices. However, oil prices were lower compared to both the previous quarter and year-ago period.

When does Marine Petroleum Trust receive its royalties?

Marine typically receives royalties two months after oil production and three months after natural gas production.