MARINE PETROLEUM TRUST ANNOUNCES THIRD QUARTER CASH DISTRIBUTION

Rhea-AI Summary

Marine Petroleum Trust (NASDAQ: MARPS) has declared a quarterly cash distribution of $0.068097 per unit, payable on September 29, 2025, to unitholders of record on August 29, 2025.

The current distribution represents a decrease from both the previous quarter's distribution of $0.110983 and the year-ago quarter's distribution of $0.094886. The decline is attributed to decreased production volumes in both oil and natural gas, along with lower oil prices, despite higher natural gas prices compared to both previous periods.

Positive

• Natural gas prices increased compared to both previous quarter and year-ago period

Negative

• Distribution decreased 38.6% from previous quarter to $0.068097 per unit
• Distribution decreased 28.2% from year-ago quarter
• Decreased production volumes in both oil and natural gas
• Lower oil prices compared to both previous periods

DALLAS, Aug. 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 $0.068097 per unit, payable on September 29, 2025, to unitholders of record on August 29, 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 $0.068097 per unit is lower than the $0.110983 per unit distributed last quarter. The volumes of both oil and natural gas produced have decreased 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 lower than the $0.094886 per unit distributed in the comparable quarter in 2024. As compared to the same quarter in 2024, there was a decrease 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-third-quarter-cash-distribution-302532525.html

SOURCE Marine Petroleum Trust

FAQ

What is Marine Petroleum Trust's (MARPS) Q3 2025 distribution amount?

Marine Petroleum Trust announced a quarterly distribution of $0.068097 per unit, payable on September 29, 2025, to unitholders of record on August 29, 2025.

How does MARPS Q3 2025 distribution compare to previous quarter?

The Q3 2025 distribution of $0.068097 is lower than the previous quarter's distribution of $0.110983, representing a 38.6% decrease.

How does Marine Petroleum Trust's Q3 2025 distribution compare to last year?

The Q3 2025 distribution of $0.068097 is lower than the year-ago quarter's distribution of $0.094886, representing a 28.2% decrease.

What factors affected MARPS Q3 2025 distribution?

The lower distribution was due to decreased production volumes in both oil and natural gas, along with lower oil prices, although natural gas prices were higher compared to previous periods.

When do Marine Petroleum Trust unitholders receive their royalties?

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