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Marine Petroleum Trust - Company Profile Snapshot
| Company Profile: |
Marine Petroleum Trust |
| Ticker: |
MARP |
| Exchanges: |
NAS |
| 2009 Sales: |
4,180,400 |
| Major Industry: |
Financial |
| Sub Industry: |
Other Financial Services |
| Country: |
UNITED STATES |
| Employees: |
0 |
Business Description
Marine Petroleum Trust. The Group's principal activity is to provide administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico. It pursuant to license agreements and amendments thereto between the group's predecessors and Gulf Oil Corporation (Gulf). The Gulf interests are now held by Chevron Corporation and its assignees. Its wholly-owned subsidiary, Marine Petroleum Corporation (MPC) and it holds title to interests in properties. Ninety-eight percent of all oil, natural gas, and other mineral royalties collected by MPC less the cost of receiving and collection are retained by and delivered to the company. The Group operates only in the United States.
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The following information is available to subscribers or can be accessed by purchasing the Company Profile Report:
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- Address (mailing), Phone Number, Web Address - Earnings/Dividends - Employees - Exchanges Listed - Financial Ratio Analysis |
- Recent Stock Performance - Sales (recent year) - Senior Officers - Shareholder Information - Stock Analysis Summary |
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