Marine Petroleum Trust (MARPS) Earning Somewhat Positive News Coverage, Accern Reports

Media coverage about Marine Petroleum Trust (NASDAQ:MARPS) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Marine Petroleum Trust earned a news impact score of 0.24 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 46.6327146778155 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Marine Petroleum Trust traded up $0.07, reaching $3.94, during mid-day trading on Thursday, MarketBeat reports. The company’s stock had a trading volume of 177 shares, compared to its average volume of 7,021. Marine Petroleum Trust has a 12-month low of $2.83 and a 12-month high of $4.83. The firm has a market cap of $7.86 million, a price-to-earnings ratio of 10.92 and a beta of 2.18.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 28th. Shareholders of record on Thursday, May 31st will be given a $0.093 dividend. This is a positive change from Marine Petroleum Trust’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $0.37 dividend on an annualized basis and a yield of 9.44%.

About Marine Petroleum Trust

Marine Petroleum Trust (the Trust) is a royalty trust. The Trust is engaged in the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico, under license agreements and amendments between the Trust’s predecessors and Chevron Corporation (Chevron) and its assignees.

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