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Marine Petroleum Trust - Earning & Dividend Analysis Snapshot
This detailed Report provides an Earnings and Dividends history for Marine Petroleum Trust. Tabular results include up to a ten-year history of "as reported" Earnings per Share and Dividends per Share plus a calculation of the amount of earnings paid out over the year in dividends (i.e. Payout Ratio). Earnings and Dividends are presented on both a Quarterly and Annual basis. An annual Percent Change factor is calculated for both Earnings and Dividends.
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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