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MARINE PETROLEUM TRUST
MARPSCIK 0000062362NasdaqOil Royalty TradersTexasFY ends Jun 30
Business
MARINE PETROLEUM TRUST is a royalty trust that holds and administers overriding royalty interests in certain oil and natural gas leases. It collects and distributes royalty payments derived from production and sale (or wellhead valuation) of oil, natural gas and other minerals from those leases. The Trust’s sole business segment is the administration and liquidation of royalty interests, with a wholly owned subsidiary, Marine Petroleum Corporation, holding certain Louisiana interests and a corporate trustee administering distributions. Its interests are situated offshore in the Gulf of America (offshore Texas and Louisiana) and distributions are made to unitholders through the trustee.
Summary from filing dated 2025-09-29
Financials
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