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Marine Petroleum Trust - Price Analysis Snapshot
This Report features up to a ten-year record of the equity Price history for Marine Petroleum Trust. Tabular results include the High, Low and Closing price for the quarter. There is also a calculation of percentage change in price for both Quarterly and Annual periods. Price values are adjusted for stock splits 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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