MARINE PETROLEUM TRUST (MARPS)
Marine Petroleum Trust, in conjunction with its subsidiary Marine Petroleum Corporation, operates as a royalty trust within the United States. As of June 30, 2021, its portfolio encompassed an overriding royalty interest in 55 distinct oil and natural gas leases. These leases collectively spanned an estimated 199,868 gross acres, situated across the Central and Western regions of the Gulf of Mexico, offshore both Louisiana and Texas. The Trust, which was originally established in 1956, maintains its corporate headquarters in Dallas, Texas.
Sector: Oil Royalty Traders
Industry: Oil & Gas Midstream
Marine Petroleum Trust
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 2.00M shares outstanding
USMarine Petroleum Trust, in conjunction with its subsidiary Marine Petroleum Corporation, operates as a royalty trust within the United States. As of June 30, 2021, its portfolio encompassed an overriding royalty interest in 55 distinct oil and natural gas leases. These leases collectively spanned an estimated 199,868 gross acres, situated across the Central and Western regions of the Gulf of Mexico, offshore both Louisiana and Texas. The Trust, which was originally established in 1956, maintains its corporate headquarters in Dallas, Texas.
Leadership
Ron E. Hooper
Senior Vice President of Argent Trust Company - Trustee
Employees
--
Country
US
Sector
Energy
Website
marps-marine.com
| Name | Shares | % | Source |
|---|---|---|---|
Ottie K. Paslay · joint filing· may incl. warrants· filed Sep 2026 | 161.3K | 8.1% | 13G |
AZZAD ASSET MANAGEMENT INC /ADV | 35.8K | 1.8% | 13F |
Welch Group, LLC | 20.0K | 1.0% | 13F |
MORGAN STANLEY | 2.5K | 0.1% | 13F |
BNP PARIBAS FINANCIAL MARKETS | 733 | 0.0% | 13F |
Allworth Financial LP | 528 | 0.0% | 13F |
UBS Group AG | 317 | 0.0% | 13F |
WELLS FARGO & COMPANY/MN | 1 | 0.0% | 13F |
based on 2.00M shares outstanding
US30d Avg
5.57K
60d Avg
5.42K
90d Avg
4.75K