Marine Petroleum Trust filings document royalty-trust distribution disclosures for holders of units of beneficial interest. Recent Form 8-K reports furnish Regulation FD disclosures and press-release exhibits announcing quarterly cash distributions, record dates, payment dates, and related production and pricing commentary.
The filings also identify the trust's public-company reporting framework, corporate trustee context, and recurring disclosure mechanics for royalty receipts from oil and natural gas production. These records center on cash distributions, unit-holder reporting, and formal Exchange Act event reporting rather than operating-company capital spending or product development.
Marine Petroleum Trust reported distributable income of $659,781 for fiscal 2026, compared with $727,995 in fiscal 2025. Oil and natural gas royalty income was $966,849, versus $1,011,104. The Trust attributed the decline primarily to lower natural gas and natural gas liquids production and lower prices for oil and natural gas liquids. Oil production was 14,076 barrels in fiscal 2026, compared with 12,706 barrels in fiscal 2025; general and administrative expenses were $325,939, up from $315,835.
Annual distributions were $0.32 per unit in fiscal 2026, compared with $0.39 in fiscal 2025. The June 2026 distribution was $0.10 per unit, and the Trust declared a further $0.10 per-unit distribution payable September 28, 2026. Marine collects overriding royalties from third-party-operated offshore leases and does not conduct production itself. As of June 30, 2026, Marine believed its interests covered 77,646 gross acres across 17 leases. These interests apply to existing leases, deplete as production occurs, and cannot be replaced through additional royalty acquisitions.
Marine Petroleum Trust (MARPS) is the subject of a Schedule 13G in which Paslay Family, LLC, Michael R. Paslay, the Robert H. Paslay Family Trust, and Ottie K. Paslay report beneficial ownership of Units of Beneficial Interest. Reported holdings include 143,234 Units by Paslay Family, LLC (7.2% of the class), 152,753 Units by Michael R. Paslay (7.6%), 132,308 Units by the Robert H. Paslay Family Trust (6.6%), and 161,283 Units by Ottie K. Paslay (8.1%). The percentages are based on 2,000,000 Units outstanding as of May 14, 2026, as disclosed by the issuer. The reporting persons state that they may be deemed to beneficially own certain Units through their roles in Paslay Family, LLC and the family trust and specifically disclaim beneficial ownership of securities they do not directly own.
Marine Petroleum Trust (MARPS) declared a quarterly cash distribution of $0.095378 per unit to holders of its units of beneficial interest. The distribution is payable on September 28, 2026 to unitholders of record on August 31, 2026.
The distribution is slightly lower than the $0.096470 per unit distributed in the prior quarter, as oil and natural gas production volumes decreased, with higher realized oil prices and lower realized natural gas prices. It is higher than the $0.068097 per unit distributed in the comparable quarter of 2025, when production volumes and realized oil prices were lower and realized natural gas prices higher than in the current quarter. Distributions reflect royalties received, which generally lag oil production by about two months and natural gas production by about three months.
Marine Petroleum Trust declared a quarterly cash distribution of $0.096470 per unit of beneficial interest, payable on June 29, 2026, to unitholders of record on May 29, 2026. The trust’s cash available for distribution is driven by oil and natural gas royalties.
The $0.096470 per-unit payout is lower than the $0.101614 distributed in the prior quarter and below the $0.110983 paid in the comparable quarter of 2025. Versus last quarter, oil production volume decreased while natural gas volume increased; realized oil prices fell while natural gas prices rose.
Compared with the same quarter in 2025, natural gas volumes decreased and oil volumes increased, with realized oil prices down and natural gas prices up. Marine generally receives royalties two months after oil production and three months after natural gas production, so distributions reflect a lagged view of underlying commodity activity.
Marine Petroleum Trust reports lower royalty-based results for the three and nine months ended March 31, 2026. For the quarter, oil and natural gas royalty income fell to $228,173 from $332,993, and distributable income declined to $134,148, or $0.07 per unit, versus $0.12 a year earlier.
For the nine-month period, royalty income decreased to $710,069 from $778,554, and distributable income dropped to $456,810, or $0.23 per unit, compared with $0.28. Lower realized oil prices, partly offset by higher natural gas prices and slightly higher oil volumes, drove the decline. The trust held total assets of $940,643, essentially all trust corpus, with 2,000,000 units outstanding as of March 31, 2026.
Marine Petroleum Trust declared a quarterly cash distribution of $0.101614 per unit, payable on March 30, 2026 to unitholders of record on February 27, 2026. This payout is more than double the $0.049136 per unit distributed in the previous quarter.
The new distribution also exceeds the $0.077052 per unit paid in the comparable quarter of 2025. Versus last quarter, natural gas production volumes decreased while oil volumes increased; oil prices fell and natural gas prices rose. Compared with the same 2025 quarter, both oil and gas volumes increased, with lower oil prices and higher natural gas prices.
Marine Petroleum Trust reports quarterly and six-month results for the period ended December 31, 2025. Total assets were $1,009,718, up from $921,527 at June 30, 2025, with all value represented by the trust corpus and no current liabilities.
For the six months, income from oil and natural gas royalties rose to $481,897 from $445,562, and distributable income edged up to $322,658 from $314,690, or $0.16 per unit in both periods. However, distributions paid fell to $0.12 per unit from $0.20, increasing retained corpus to $1,009,718.
Performance was driven mainly by oil: volumes sold grew to 7,090 barrels from 5,263, though the average oil price declined to $64.15 per barrel from $79.17. Natural gas and NGL volumes slipped, but realized natural gas prices improved. Management reports no material changes in risk factors, effective disclosure controls, and continued reliance on modified cash-basis accounting typical for royalty trusts.
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.