Media coverage about Marine Petroleum Trust (NASDAQ:MARPS) has been trending somewhat negative this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marine Petroleum Trust earned a media sentiment score of -0.02 on Accern’s scale. Accern also gave press coverage about the energy company an impact score of 46.8356229596945 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Marine Petroleum Trust (NASDAQ:MARPS) traded up 1.4749% during trading on Friday, reaching $3.3851. 7,872 shares of the company’s stock traded hands. The stock has a market cap of $6.77 million, a price-to-earnings ratio of 11.4361 and a beta of 2.01. Marine Petroleum Trust has a 52-week low of $2.94 and a 52-week high of $5.49. The company’s 50 day moving average is $3.49 and its 200-day moving average is $4.23.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 28th. Investors of record on Wednesday, May 31st were given a $0.0957 dividend. This represents a $0.38 annualized dividend and a dividend yield of 11.31%. This is a boost from Marine Petroleum Trust’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, May 26th. Marine Petroleum Trust’s dividend payout ratio is 126.67%.
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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