Marine Petroleum Trust (MARPS)
Administrator of offshore oil-and-gas royalties from fixed Gulf leases.
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Collects overriding royalties on oil, natural gas, and natural-gas liquids from fixed offshore Gulf leases, passing net cash to unitholders. Its non-operating structure relies on third-party operators and cannot replace rights as covered leases end.
Collects and distributes an overriding royalty on oil, natural gas, and natural-gas liquids produced from fixed offshore leases in the Gulf of America. Texas interests are held directly, while a wholly owned subsidiary holds the Louisiana interests. The trust receives royalties and related income, reserves cash for administration, and distributes accumulated cash to unitholders each quarter.
Operates as a non-operating grantor trust rather than a producer: it neither drills, markets hydrocarbons, nor acquires replacement royalty interests. Cash flows depend on third-party working-interest owners to operate leases, calculate royalties, and sustain production, as well as commodity prices and offshore conditions. Rights end as covered leases expire, are released, or are abandoned, and the indenture confines the trust to conserving and liquidating its original contract rights.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $940.6K · Total debt $0 · Total assets $940.6K · Shareholders' equity $940.6K
- Revenue
- $232.9K
- Operating income
- $134.1K
- Net income
- $134.1K
HistoryDividendAnnual yield
| Institutions | 3.03% | 60.6K shares | |
|---|---|---|---|
| 8 holders · as of Jun 30, 2026 | |||
| Strategic holders | 7.16% | 143.2K shares | |
| 1 holder · as of Sep 17, 2026 | |||
| Other | 89.81% | 1.80M shares | |
| remainder | |||
2.00M company shares as of Aug 25, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Paslay Family, LLCStrategic | 7.16% | 143,234 | filed Sep 17, 2026 |
Azzad Asset Management Inc /AdvInstitution | 1.79% | 35,837 | as of Jun 30, 2026 |
Welch Group, LLCInstitution | 1.00% | 19,956 | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.12% | 2,477 | as of Jun 30, 2026 |
Integrated Wealth Concepts LLCInstitution | 0.04% | 750 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Sabine Royalty Trust
Broad oil-and-gas royalty exposure with Louisiana and Texas overlap.
- Permian Basin Royalty Trust
Larger Texas oil-and-gas royalty alternative with net-profits exposure.
- Cross Timbers Royalty Trust
Onshore oil-and-gas royalty income in the same public-trust niche.
- Mesa Royalty Trust
Passive oil-and-gas royalty income across three U.S. onshore basins.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Marine Petroleum Trust | $4.39 | −1.35% | $8.9M | 14.2 | — | 9.3 | −30.1% |
| Sabine Royalty Trust | $72.39 | +0.02% | $1.06B | 14.8 | — | 14.1 | +16.7% |
| Permian Basin Royalty Trust | $33.17 | +0.41% | $1.54B | 94.3 | — | 87.0 | +34.4% |
| Cross Timbers Royalty Trust | $11.80 | −3.59% | $73.4M | 23.6 | — | 17.1 | −14.8% |
| Mesa Royalty Trust | $2.40 | −1.23% | $4.6M | 13.3 | — | 8.7 | −21.8% |
| Median | 19.2 | — | 15.6 | +0.9% |