Welcome to our dedicated page for Marine Petroleum SEC filings (Ticker: MARPS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Marine Petroleum Trust (NASDAQ: MARPS) files reports with the U.S. Securities and Exchange Commission that document its royalty trust activities, distribution decisions, and related disclosures. As a Texas royalty trust holding interests in oil and natural gas leases in the Gulf of Mexico, its SEC filings provide insight into how royalty income from third-party production is translated into cash distributions for unitholders.
Among the key filings are Form 8-K reports, which Marine uses to furnish press releases announcing quarterly cash distributions. These 8-Ks describe the declaration of distributions, record and payment dates, and often summarize how changes in oil and natural gas production volumes and realized prices compare to prior quarters or comparable periods in earlier years. They also reiterate that Marine’s distributions are determined by royalties received up to the declaration date, and that royalties are generally received two months after oil production and three months after natural gas production.
Through this page, users can access Marine Petroleum Trust’s SEC filings in one place, including current and historical 8-Ks and other reports available through EDGAR. AI-powered summaries help explain the main points of lengthy filings, highlight how distribution policies work, and clarify references to royalty timing and production metrics. Real-time updates ensure that new filings appear promptly after submission, while structured views make it easier to locate information on quarterly distributions, royalty income, and trust administration.
For investors analyzing MARPS, these filings offer a regulatory record of the trust’s distribution history, its reliance on third-party oil and natural gas production, and the role of the corporate trustee in administering the trust and signing reports on its behalf.
Marine Petroleum Trust filed a current report stating that on November 17, 2025 it issued a press release announcing a quarterly cash distribution to unitholders of record on November 28, 2025.
The press release is included as Exhibit 99.1 and is incorporated into the report by reference. The disclosure is made under Regulation FD and is expressly described as furnished rather than filed, meaning it is not automatically subject to certain liability provisions of the federal securities laws or incorporated into other SEC filings unless specifically referenced.
Marine Petroleum Trust filed an amendment to its quarterly report solely to correct a technical error in the filing header; all disclosures remain as originally filed for the period ended September 30, 2025.
For the quarter, total income was $223,402, driven by oil and natural gas royalties of $218,526, with distributable income of $130,813. Distributable income per unit was $0.07, and the Trust paid distributions of $0.07 per unit. General and administrative expenses were $92,589. Cash and cash equivalents were $916,139, and trust corpus stood at $916,146. As of November 13, 2025, units of beneficial interest outstanding were 2,000,000.
Results reflected lower commodity prices and volumes: oil sold was 3,226 bbls at an average price of $63.52 per bbl; natural gas volumes were 3,567 mcf at $3.14 per mcf (net of expenses); and natural gas liquids were 6,290 mcf at $0.38 per mcf. Compared to the prior year quarter, royalties decreased from $286,498 and distributable income from $233,552, with per‑unit distributable income down from $0.12 and distributions from $0.09.
Marine Petroleum Trust reported lower quarterly results on a modified cash basis. Distributable income was $130,813, or $0.07 per unit, driven by royalties of $218,526 and general and administrative expenses of $92,589.
Results reflect softer pricing and volumes. Oil production was 3,226 bbls at an average realized price of $63.52/bbl, down from $81.11/bbl a year ago. Natural gas volumes were 3,567 mcf at $3.14/mcf, and natural gas liquids volumes were 6,290 mcf at $0.38/mcf. For the quarter, about 94% of royalty income came from oil and 6% from natural gas and NGLs.
Cash and cash equivalents were $916,139 as of September 30, 2025, and the trust corpus ended at $916,146. Distributions per unit were $0.07 for the period, compared with $0.09 a year earlier. The Trust had 2,000,000 units outstanding as of November 13, 2025. The Trustee concluded disclosure controls and procedures were effective as of September 30, 2025.
Marine Petroleum Trust (MARPS) discloses its accounting policies and governance details. Royalty income is recognized when received rather than at production, expenses are recorded on a cash-paid basis, distributions are recognized when declared, and depletion is not recorded. The Trustee noted Marine's internal control over financial reporting was effective as of June 30, 2025, but the report does not include an attestation from the registered public accounting firm due to a smaller reporting company exemption. Trustee compensation is described as reasonable and customary. Ownership disclosures identify units held or controlled by members of the Paslay family and related entities, and working interest owners retain operational control of lease properties, potentially affecting net proceeds to the Trust.
Marine Petroleum Trust, administered by Argent Trust Company, has provided an update on its next quarterly cash distribution. On August 19, 2025, the trust issued a press release announcing a quarterly cash distribution to unitholders of record on August 29, 2025. The specific financial terms of the distribution are contained in the press release, which is attached as Exhibit 99.1.
The disclosure is made under Regulation FD, and the trust states that this information is being "furnished" rather than "filed" under securities laws. This means it is not automatically subject to certain liability provisions and will only be incorporated into other filings if expressly referenced.
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