MARINE PETROLEUM TRUST ANNOUNCES SECOND QUARTER CASH DISTRIBUTION
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" ]Marine Petroleum Trust (NASDAQ: MARPS) ha annunciato una distribuzione trimestrale in contanti di 0,110983 $ per unità, pagabile il 30 giugno 2025 agli azionisti registrati al 30 maggio 2025. Questa distribuzione rappresenta un aumento significativo rispetto ai 0,077052 $ del trimestre precedente e ai 0,055961 $ dello stesso trimestre dell'anno scorso.
Il miglioramento nella distribuzione riflette un aumento dei volumi di produzione sia di petrolio che di gas naturale rispetto al trimestre precedente. Sebbene i prezzi del petrolio siano diminuiti, quelli del gas naturale sono migliorati trimestre su trimestre. Analogamente, rispetto al secondo trimestre del 2024, i volumi di produzione di petrolio e gas naturale sono aumentati, con una diminuzione dei prezzi del petrolio ma un aumento di quelli del gas naturale.
Marine Petroleum Trust (NASDAQ: MARPS) ha declarado una distribución trimestral en efectivo de $0.110983 por unidad, pagadera el 30 de junio de 2025 a los tenedores registrados al 30 de mayo de 2025. Esta distribución representa un aumento significativo respecto a los $0.077052 del trimestre anterior y a los $0.055961 del mismo trimestre del año pasado.
La mejora en la distribución refleja un aumento en los volúmenes de producción tanto de petróleo como de gas natural en comparación con el trimestre anterior. Aunque los precios del petróleo fueron más bajos, los precios del gas natural mejoraron trimestre a trimestre. De manera similar, en comparación con el segundo trimestre de 2024, los volúmenes de producción de petróleo y gas natural aumentaron, con una caída en los precios del petróleo pero un aumento en los precios del gas natural.
Marine Petroleum Trust (NASDAQ: MARPS)는 2025년 6월 30일에 지급될 단위당 $0.110983의 분기별 현금 배당을 선언했으며, 2025년 5월 30일 기준 주주에게 지급됩니다. 이번 배당은 이전 분기의 $0.077052와 전년 동기 $0.055961에 비해 크게 증가한 수치입니다.
배당 증가의 배경에는 전 분기 대비 원유와 천연가스 생산량 증가가 있습니다. 원유 가격은 하락했으나 천연가스 가격은 분기별로 개선되었습니다. 또한 2024년 2분기와 비교해도 원유와 천연가스 생산량이 증가했으며, 원유 가격은 하락했지만 천연가스 가격은 상승했습니다.
Marine Petroleum Trust (NASDAQ: MARPS) a déclaré une distribution trimestrielle en espèces de 0,110983 $ par unité, payable le 30 juin 2025 aux détenteurs inscrits au 30 mai 2025. Cette distribution représente une augmentation significative par rapport aux 0,077052 $ du trimestre précédent et aux 0,055961 $ du même trimestre de l'année précédente.
Cette amélioration de la distribution reflète une augmentation des volumes de production de pétrole et de gaz naturel par rapport au trimestre précédent. Bien que les prix du pétrole aient baissé, ceux du gaz naturel se sont améliorés d'un trimestre à l'autre. De même, comparé au deuxième trimestre 2024, les volumes de production de pétrole et de gaz naturel ont augmenté, avec une baisse des prix du pétrole mais une hausse des prix du gaz naturel.
Marine Petroleum Trust (NASDAQ: MARPS) hat eine vierteljährliche Barausschüttung von 0,110983 $ pro Einheit angekündigt, die am 30. Juni 2025 an die zum 30. Mai 2025 eingetragenen Anteilseigner ausgezahlt wird. Diese Ausschüttung stellt eine deutliche Steigerung gegenüber den 0,077052 $ des vorherigen Quartals und den 0,055961 $ des Vorjahresquartals dar.
Die verbesserte Ausschüttung spiegelt höhere Produktionsmengen sowohl bei Öl als auch bei Erdgas im Vergleich zum Vorquartal wider. Während die Ölpreise niedriger waren, verbesserten sich die Erdgaspreise quartalsweise. Ebenso stiegen im Vergleich zum zweiten Quartal 2024 die Produktionsmengen von Öl und Erdgas, wobei die Ölpreise sanken, die Erdgaspreise jedoch anstiegen.
- None.
- Oil prices declined both quarter-over-quarter and year-over-year
Insights
Marine Petroleum Trust announces increased Q2 distribution of $0.110983/unit, up 44% quarterly and 98% annually due to higher production volumes.
The latest quarterly distribution of
Looking at the underlying drivers, the trust benefited from a mixed pricing environment. While oil prices declined compared to both the previous quarter and year-ago period, this headwind was offset by higher natural gas prices. The aggregate impact of these production and pricing dynamics created a net positive result for unitholders.
It's worth noting that royalty trusts like Marine Petroleum operate with a structural lag in royalty receipts - typically receiving payments two months after oil production and three months after natural gas production. This payment mechanism means the current distribution reflects market conditions from earlier in the year. The distribution will be paid on June 30 to unitholders of record as of May 30.
This substantial year-over-year growth in distribution rate demonstrates improving fundamentals for the trust's underlying assets despite the mixed pricing environment. For a royalty trust whose primary purpose is generating income for unitholders, this nearly doubled payout represents a meaningful enhancement in fulfilling its core function.
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.
Contact: | Jana Egeler |
VP, Royalty Trust Services | |
Argent Trust Company, Trustee | |
Toll Free – 1.855.588-7839 |
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SOURCE Marine Petroleum Trust