Marine Petroleum Trust Units of Beneficial Interest (MARPS)
FairStock Score: 85/100 — HIGH CONVICTION
Key Financials
| Current Price | $4.27 |
| Market Cap | $10M |
| P/E Ratio | 12.94 |
| ROE | 70.48% |
| Dividend Yield | 8.02% |
| Sector | Energy |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
I look for a business I can understand, with durable economics and a margin of safety. Marine Petroleum Trust is easy to understand: it owns overriding royalty interests in oil and natural gas offshore Louisiana and Texas, and it collects income as those resources are produced. But a royalty trust is not a business with a moat. It has no pricing power, no operating control, and a finite resource base. In the latest reported quarter, 2026-Q1, revenue was $228,173 and net income was $134,148, a 58.79% net margin. That is attractive at the margin, but scale is tiny. The given trend shows revenue and profit shrinking, and the trust's market cap is only $9.9 million.
In plain English: Marine Petroleum Trust owns royalty interests in oil and natural gas in the Gulf of America off Louisiana and Texas. It makes money when those resources are produced, and in the latest reported quarter (2026-Q1) it earned about $228,000 in revenue and $134,000 in profit. The business is very small and has been shrinking, and at $4.35 the price looks high compared with its modest earnings and asset value, even though it pays a large income stream.
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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer