Equities research analysts at StockNews.com began coverage on shares of Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) in a research report issued on Thursday. The brokerage set a “hold” rating on the energy company’s stock.
Marine Petroleum Trust Price Performance
MARPS opened at $3.87 on Thursday. The stock has a market capitalization of $7.74 million, a PE ratio of 12.48 and a beta of 0.06. The firm’s fifty day moving average price is $3.88 and its 200 day moving average price is $3.96. Marine Petroleum Trust has a 12-month low of $3.75 and a 12-month high of $5.20.
Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The energy company reported $0.04 EPS for the quarter. The firm had revenue of $170 billion during the quarter. Marine Petroleum Trust had a net margin of 63.53% and a return on equity of 63.85%.
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.
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