Press Release: MARINE PETROLEUM TRUST ANNOUNCES THIRD QUARTER CASH DISTRIBUTION

Dow Jones
08/19

DALLAS, Aug. 19, 2025 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.068097 per unit, payable on September 29, 2025, to unitholders of record on August 29, 2025. Marine's 2024 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 $0.068097 per unit is lower than the $0.110983 per unit distributed last quarter. The volumes of both oil and natural gas produced have decreased when compared to the previous quarter. Prices realized for oil were lower, while natural gas was higher compared to the last quarter. This distribution is lower than the $0.094886 per unit distributed in the comparable quarter in 2024. As compared to the same quarter in 2024, there was a decrease in the volume of oil and natural gas produced. As compared to the same quarter in 2024, 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:  Jana Egeler 
           VP, Royalty Trust Services 
           Argent Trust Company, Trustee 
           Toll Free -- 1.855.588-7839 
 

View original content:https://www.prnewswire.com/news-releases/marine-petroleum-trust-announces-third-quarter-cash-distribution-302532525.html

SOURCE Marine Petroleum Trust

 

(END) Dow Jones Newswires

August 19, 2025 08:00 ET (12:00 GMT)

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10