MARINE PETROLEUM TRUST
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Marine Petroleum Trust
Oil Royalty Traders, SIC 6792
Marine Petroleum Trust is a royalty trust that administers and liquidates rights to payments from overriding royalty interests in crude oil and natural gas properties. The entity does not conduct oil or natural gas exploration, development, or production operations itself. Instead, independent working interest owners perform all drilling, extraction, operating, and marketing activities. Revenues are derived from overriding royalty interests calculated as a percentage of the wellhead or sales value of oil, natural gas, and natural gas liquids produced and sold by these lease operators.
The trust holds overriding royalty interests covering an aggregate of 77,646 gross acres situated offshore in the Gulf of America. Its royalty interests include properties located offshore of Texas, directly held by the trust, and properties located offshore of Louisiana, held through its wholly owned subsidiary, Marine Petroleum Corporation. The trust has no employees and is administered by its corporate trustee, Argent Trust Company, headquartered in Dallas, Texas.
Summary of the business section of Marine Petroleum Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MARINE PETROLEUM TRUST
- Founded
- 1956
- Headquarters
- Dallas, TX
- Address
- Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720 75219
- Phone
- (972) 919-1355
- Website
- marps-marine.com
- Industry
- Oil Royalty Traders
- Incorporated in
- Texas
- Fiscal year ends
- June 30
Stock & identifiers
- Ticker
- MARPS
- Exchange
- Nasdaq
- SEC CIK
- 62362
- CUSIP
- 568423107
- ISIN
- US5684231070
- EIN
- 75-6008017
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
No recent ownership filings by officers or directors
Marine Petroleum Trust's leadership is listed in its proxy statement (Form DEF 14A).
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 21, 2011 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 15, 2003 | Late filing | Notification of late filing |