Equities researchers at StockNews.com began coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a research note issued to investors on Saturday. The firm set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Price Performance
Shares of NASDAQ:MARPS opened at $3.91 on Friday. The company’s 50-day moving average price is $3.98 and its two-hundred day moving average price is $4.01. The stock has a market capitalization of $7.82 million, a PE ratio of 12.62 and a beta of 0.18. Marine Petroleum Trust has a one year low of $3.76 and a one year high of $6.50.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The energy company reported $0.04 earnings per share for the quarter. Marine Petroleum Trust had a net margin of 63.53% and a return on equity of 63.85%. The company had revenue of $170 billion for the quarter.
Marine Petroleum Trust Company Profile
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.
Read More
- Five stocks we like better than Marine Petroleum Trust
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- MarketBeat Week in Review – 03/24 – 03/28
- How to Invest in Small Cap Stocks
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
Receive News & Ratings for Marine Petroleum Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marine Petroleum Trust and related companies with MarketBeat.com's FREE daily email newsletter.
