Marine Petroleum Trust
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust primarily in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of America off the coasts of Louisiana and Texas. The company was founded in 1956 and is based in Dallas, Texas.
Marine Petroleum Trust (MARPS) - Net Assets
Latest net assets as of December 2025: $1.01 Million USD
Based on the latest financial reports, Marine Petroleum Trust (MARPS) has net assets worth $1.01 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.01 Million) and total liabilities ($0.00). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.01 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | -1.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 106423.35 |
Marine Petroleum Trust - Net Assets Trend (1988–2025)
This chart illustrates how Marine Petroleum Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Marine Petroleum Trust (1988–2025)
The table below shows the annual net assets of Marine Petroleum Trust from 1988 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $921.53K | +100.80% |
| 2024-06-30 | $-114.81 Million | +99.53% |
| 2023-06-30 | $-24.25 Billion | -23754.66% |
| 2022-06-30 | $-101.64 Million | -35.23% |
| 2021-06-30 | $-75.16 Million | -0.04% |
| 2020-06-30 | $-75.13 Million | +99.65% |
| 2019-06-30 | $-21.47 Billion | -6.20% |
| 2018-06-30 | $-20.22 Billion | -1135304.48% |
| 2017-06-30 | $-1.78 Million | +99.98% |
| 2016-06-30 | $-9.67 Billion | -47989.18% |
| 2015-06-30 | $-20.11 Million | +75.35% |
| 2014-06-30 | $-81.59 Million | +23.71% |
| 2013-06-30 | $-106.94 Million | -6530.31% |
| 2012-06-30 | $-1.61 Million | +99.98% |
| 2011-06-30 | $-7.40 Billion | -8.94% |
| 2010-06-30 | $-6.79 Billion | +9.60% |
| 2009-06-30 | $-7.51 Billion | -449731.55% |
| 2008-06-30 | $1.67 Million | -56.18% |
| 2007-06-30 | $3.81 Million | +36.98% |
| 2006-06-30 | $2.78 Million | -9.64% |
| 2005-06-30 | $3.08 Million | +100.07% |
| 2004-06-30 | $-4.34 Billion | +8.12% |
| 2003-06-30 | $-4.72 Billion | +16.12% |
| 2002-06-30 | $-5.63 Billion | -146011.64% |
| 2001-06-30 | $3.86 Million | +50.61% |
| 2000-06-30 | $2.56 Million | +21.90% |
| 1999-06-30 | $2.10 Million | +16.67% |
| 1998-06-30 | $1.80 Million | -10.00% |
| 1997-06-30 | $2.00 Million | -4.76% |
| 1996-06-30 | $2.10 Million | +50.00% |
| 1995-06-30 | $1.40 Million | -12.50% |
| 1994-06-30 | $1.60 Million | -11.11% |
| 1993-06-30 | $1.80 Million | +5.88% |
| 1992-06-30 | $1.70 Million | -5.56% |
| 1991-06-30 | $1.80 Million | 0.00% |
| 1990-06-30 | $1.80 Million | +5.88% |
| 1989-06-30 | $1.70 Million | +13.33% |
| 1988-06-30 | $1.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marine Petroleum Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $921.53K | 100.00% |
| Total Equity | $921.53K | 100.00% |
Marine Petroleum Trust Competitors by Market Cap
The table below lists competitors of Marine Petroleum Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KAWASAN IND JAB -A-
MU:HZ4
|
$6.58 Million |
|
cbdMD Inc
NYSE MKT:YCBD
|
$6.58 Million |
|
Cyviz AS
OL:CYVIZ
|
$6.58 Million |
|
K-Tig Ltd
AU:KTG
|
$6.58 Million |
|
Duell Oyj
HE:DUELL
|
$6.57 Million |
|
Ease2pay NV
AS:EAS2P
|
$6.57 Million |
|
Sinaran Advance Group Bhd
KLSE:5172
|
$6.57 Million |
|
GROLLEAU SAS EO -5
F:30U
|
$6.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marine Petroleum Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 965,220 to 921,527, a change of -43,693 (-4.5%).
- Net income of 727,995 contributed positively to equity growth.
- Other factors decreased equity by 771,688.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $728.00K | +79.0% |
| Other Changes | $-771.69K | -83.74% |
| Total Change | $- | -4.53% |
Book Value vs Market Value Analysis
This analysis compares Marine Petroleum Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 9.20x to 10.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $0.55 | $5.06 | x |
| 1987-06-30 | $2.60 | $5.06 | x |
| 1988-06-30 | $0.75 | $5.06 | x |
| 1989-06-30 | $0.86 | $5.06 | x |
| 1990-06-30 | $0.91 | $5.06 | x |
| 1991-06-30 | $0.91 | $5.06 | x |
| 1992-06-30 | $0.85 | $5.06 | x |
| 1993-06-30 | $0.91 | $5.06 | x |
| 1994-06-30 | $0.81 | $5.06 | x |
| 1995-06-30 | $0.69 | $5.06 | x |
| 1996-06-30 | $1.04 | $5.06 | x |
| 1997-06-30 | $1.01 | $5.06 | x |
| 1998-06-30 | $0.88 | $5.06 | x |
| 1999-06-30 | $1.03 | $5.06 | x |
| 2000-06-30 | $1.26 | $5.06 | x |
| 2001-06-30 | $1.93 | $5.06 | x |
| 2002-06-30 | $1.55 | $5.06 | x |
| 2003-06-30 | $1.89 | $5.06 | x |
| 2004-06-30 | $1.46 | $5.06 | x |
| 2005-06-30 | $1.44 | $5.06 | x |
| 2006-06-30 | $1.39 | $5.06 | x |
| 2007-06-30 | $1.91 | $5.06 | x |
| 2008-06-30 | $0.84 | $5.06 | x |
| 2009-06-30 | $0.53 | $5.06 | x |
| 2010-06-30 | $0.58 | $5.06 | x |
| 2011-06-30 | $0.68 | $5.06 | x |
| 2012-06-30 | $0.59 | $5.06 | x |
| 2013-06-30 | $0.55 | $5.06 | x |
| 2014-06-30 | $0.57 | $5.06 | x |
| 2015-06-30 | $0.40 | $5.06 | x |
| 2016-06-30 | $0.41 | $5.06 | x |
| 2017-06-30 | $0.51 | $5.06 | x |
| 2018-06-30 | $0.49 | $5.06 | x |
| 2019-06-30 | $0.48 | $5.06 | x |
| 2020-06-30 | $0.48 | $5.06 | x |
| 2021-06-30 | $0.47 | $5.06 | x |
| 2022-06-30 | $0.58 | $5.06 | x |
| 2023-06-30 | $0.58 | $5.06 | x |
| 2024-06-30 | $0.48 | $5.06 | x |
| 2025-06-30 | $0.46 | $5.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marine Petroleum Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 79.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 72.00%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.00x
- Recent ROE (79.00%) is below the historical average (161.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 209.09% | 92.00% | 2.27x | 1.00x | $2.19 Million |
| 1987 | 121.15% | 98.44% | 1.23x | 1.00x | $5.78 Million |
| 1988 | 200.00% | 100.00% | 1.76x | 1.13x | $2.85 Million |
| 1989 | 135.29% | 92.00% | 1.09x | 1.35x | $2.13 Million |
| 1990 | 155.56% | 93.33% | 1.07x | 1.56x | $2.62 Million |
| 1991 | 161.11% | 93.55% | 1.15x | 1.50x | $2.72 Million |
| 1992 | 111.76% | 95.00% | 0.77x | 1.53x | $1.73 Million |
| 1993 | 133.33% | 92.31% | 0.96x | 1.50x | $2.22 Million |
| 1994 | 193.75% | 93.94% | 1.32x | 1.56x | $2.94 Million |
| 1995 | 150.00% | 110.53% | 0.83x | 1.64x | $1.96 Million |
| 1996 | 152.38% | 114.29% | 0.93x | 1.43x | $2.99 Million |
| 1997 | 195.00% | 97.50% | 1.38x | 1.45x | $3.70 Million |
| 1998 | 166.67% | 115.38% | 0.96x | 1.50x | $2.82 Million |
| 1999 | 147.62% | 110.71% | 1.17x | 1.14x | $2.89 Million |
| 2000 | 185.30% | 104.80% | 1.76x | 1.00x | $4.49 Million |
| 2001 | 220.01% | 105.21% | 2.08x | 1.00x | $8.10 Million |
| 2002 | 156.46% | 101.59% | 1.54x | 1.00x | $4.54 Million |
| 2003 | 136.50% | 95.82% | 1.42x | 1.00x | $4.78 Million |
| 2004 | 150.75% | 95.09% | 1.59x | 1.00x | $4.10 Million |
| 2005 | 153.88% | 95.75% | 1.61x | 1.00x | $4.43 Million |
| 2006 | 150.03% | 94.88% | 1.58x | 1.00x | $3.90 Million |
| 2007 | 156.10% | 96.15% | 1.62x | 1.00x | $5.57 Million |
| 2008 | 351.07% | 94.60% | 3.69x | 1.01x | $5.70 Million |
| 2009 | 362.56% | 91.35% | 3.97x | 1.00x | $3.71 Million |
| 2010 | 228.05% | 89.69% | 2.54x | 1.00x | $2.52 Million |
| 2011 | 234.33% | 92.57% | 2.53x | 1.00x | $3.05 Million |
| 2012 | 321.53% | 92.84% | 3.46x | 1.00x | $3.70 Million |
| 2013 | 248.48% | 90.86% | 2.73x | 1.00x | $2.61 Million |
| 2014 | 248.12% | 90.09% | 2.75x | 1.00x | $2.70 Million |
| 2015 | 237.55% | 89.29% | 2.66x | 1.00x | $1.81 Million |
| 2016 | 86.34% | 78.21% | 1.10x | 1.00x | $626.12K |
| 2017 | 73.71% | 79.38% | 0.93x | 1.00x | $649.56K |
| 2018 | 67.06% | 76.70% | 0.87x | 1.00x | $563.22K |
| 2019 | 65.41% | 73.68% | 0.89x | 1.00x | $537.13K |
| 2020 | 59.22% | 68.42% | 0.87x | 1.00x | $477.17K |
| 2021 | 61.30% | 74.19% | 0.83x | 1.00x | $480.45K |
| 2022 | 14.00% | 41.79% | 0.34x | 1.00x | $46.17K |
| 2023 | 119.17% | 83.41% | 1.43x | 1.00x | $1.26 Million |
| 2024 | 73.89% | 68.25% | 1.08x | 1.00x | $616.64K |
| 2025 | 79.00% | 72.00% | 1.10x | 1.00x | $635.84K |
Industry Comparison
This section compares Marine Petroleum Trust's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marine Petroleum Trust (MARPS) | $1.01 Million | 209.09% | 0.00x | $6.57 Million |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |