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Marine Petroleum Trust (NASDAQ: MARPS) trims Q2 payout to $0.096470

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

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.

Positive

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Current quarterly distribution $0.096470 per unit Declared for second quarter, payable June 29, 2026
Prior quarter distribution $0.101614 per unit Distribution in the immediately preceding quarter
Comparable 2025 quarter distribution $0.110983 per unit Distribution in the same quarter of 2025
Record date May 29, 2026 Unitholders of record eligible for Q2 2026 distribution
Payable date June 29, 2026 Scheduled payment date for declared distribution
Oil royalty timing 2 months lag Royalties received about two months after oil production
Natural gas royalty timing 3 months lag Royalties received about three months after natural gas production
quarterly cash distribution financial
"today declared a quarterly cash distribution to the holders of its units"
A quarterly cash distribution is a cash payment made to shareholders or investors every three months, drawn from a company’s or fund’s income, profits, or reserves. Think of it like a regular paycheck from an investment: it provides predictable income and signals how much cash a business or fund is returning to owners, which helps investors assess yield, cash flow health, and whether payments are sustainable over time.
units of beneficial interest financial
"distribution to the holders of its units of beneficial interest of $0.096470 per unit"
Units of beneficial interest are pieces of ownership in a trust, fund, or pooled investment that give the holder a right to a share of the assets and income without holding the underlying property directly. Think of them as slices of a pie that entitle you to future slices of profit or distributions; investors care because these units determine how returns, risks, voting rights, and tax treatment are allocated and how easily you can buy or sell your stake.
unitholders of record financial
"payable on June 29, 2026, to unitholders of record on May 29, 2026"
royalties financial
"Marine’s distributions to unitholders are determined by royalties received up to the date"
Payments made to the owner of an asset or intellectual property each time that asset is used or a product is sold, often calculated as a percentage of sales or a set amount per unit. Royalties matter to investors because they create predictable, ongoing income streams and affect a company’s cash flow and valuation—like a landlord collecting rent or an author getting a steady cut whenever a book is sold.
natural gas financial
"The volume of oil produced decreased when compared to the previous quarter, while the natural gas produced increased"
Natural gas is a flammable gas mixture, mostly methane, extracted from underground and used to heat homes, generate electricity and power factories—think of it as the fuel that keeps heaters, power plants and many industrial processes running. Investors care because its price and supply affect energy company profits, utility bills and inflation, and can swing quickly with weather, production changes or geopolitical events, much like how gasoline prices influence many businesses and consumer costs.
Understanding 8-K Material Events →

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 18, 2026

 

 

MARINE PETROLEUM TRUST

(Exact name of Registrant as Specified in Its Charter)

 

 

Texas

000-08565

75-6008017

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

c/o The Corporate Trustee:

Argent Trust Company,

3838 Oak Lawn Ave

Suite 1720

Dallas, Texas 75219

(Address of Principal Executive Offices, including zip code)

 

Registrant’s Telephone Number, Including Area Code: (855) 588-7839

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Units of Beneficial Interest

 

MARPS

 

NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

On May 18, 2026, Marine Petroleum Trust issued a press release announcing its quarterly cash distribution to unitholders of record on May 29, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

In accordance with General Instruction B.2. of Form 8-K, the information contained herein shall not be incorporated by reference into any of our filings, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. The information in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

 

Description

99.1

 

Press Release dated May 18, 2026

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

MARINE PETROLEUM TRUST

 

 

 

 

Date:

May 18, 2026

By:

Argent Trust Company, in its capacity as trustee of Marine Petroleum Trust and not in its individual capacity or otherwise

 

 

 

 

 

 

By:

/s/ Nancy Willis

 

 

 

Nancy Willis

Director of Royalty Trust Services

 

 

Exhibit 99.1

Marine Petroleum Trust

 

 

 

 

 

MARINE PETROLEUM TRUST

ANNOUNCES SECOND QUARTER CASH DISTRIBUTION

 

DALLAS, Texas, May 18, 2026 – Marine Petroleum Trust (NASDAQ: MARPS) (“Marine”) today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.096470 per unit, payable on June 29, 2026, to unitholders of record on May 29, 2026. Marine’s 2025 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 $0.096470 per unit is lower than the $0.101614 per unit distributed last quarter. The volume of oil produced decreased when compared to the previous quarter, while the natural gas produced increased. Prices realized for oil decreased, while natural gas increased when compared to the last quarter. This distribution is lower than the $0.110983 per unit distributed in the comparable quarter in 2025. As compared to the same quarter in 2025, there was a decrease in the volume of natural gas, while oil produced increased. As compared to the same quarter in 2025, 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:

Nancy Willis

 

Director of Royalty Trust Services

 

Argent Trust Company, Trustee

 

Toll Free – 1.855.588-7839

 

 

 

Source: View Original Filing on SEC EDGAR

FAQ

What quarterly cash distribution did Marine Petroleum Trust (MARPS) declare?

Marine Petroleum Trust declared a quarterly cash distribution of $0.096470 per unit. The payment is scheduled for June 29, 2026, and goes to unitholders of record on May 29, 2026. Distributions are funded by oil and natural gas royalty income received by the trust.

How does Marine Petroleum Trust’s new distribution compare to last quarter?

The new $0.096470 per-unit distribution is lower than last quarter’s $0.101614. Management attributes the change to shifts in production volumes and realized prices, with lower oil production and prices partly offset by higher natural gas volumes and prices versus the prior quarter.

How does the latest Marine Petroleum Trust (MARPS) distribution compare to 2025?

The $0.096470 per-unit distribution is below the $0.110983 paid in the comparable 2025 quarter. Versus that period, natural gas production volumes decreased while oil production increased, and realized oil prices declined while realized natural gas prices increased.

What determines Marine Petroleum Trust (MARPS) distributions to unitholders?

Distributions are based on royalties Marine receives before declaring the payout. The trust typically receives oil royalties about two months after production and natural gas royalties about three months after production, so each distribution reflects commodity activity with a built-in time lag.

When will Marine Petroleum Trust (MARPS) pay the declared distribution?

The declared $0.096470 per-unit distribution will be paid on June 29, 2026. Unitholders must be on record as of May 29, 2026, to receive this payment, consistent with standard record-date and payable-date practices for cash distributions.

Where can investors find Marine Petroleum Trust (MARPS) distribution and tax information?

Investors can access tax data, distribution history, and financial reports on Marine’s website. The site at http://www.marps-marine.com/ provides 2025 tax information, historical cash distributions, current and prior year reports, SEC filing links, and offers printed reports by mail at no charge.

Filing Exhibits & Attachments

1 document

Press Releases