Marine Petroleum Trust Declares $0.095378 Per Unit Third-Quarter Cash Distribution
Marine Petroleum Trust (NASDAQ: MARPS) has declared a third-quarter 2026 cash distribution of $0.095378 per unit, payable on September 28, 2026 to unitholders of record on August 31, 2026. The payout is slightly below last quarter's $0.096470 but above the comparable 2025 quarter's $0.068097, reflecting lower sequential production volumes yet higher year-over-year oil and gas volumes and higher realized oil prices, while realized natural gas prices decreased.
The distribution of $0.095378 per unit is based on royalties received up to the date the distribution amount was declared. The company receives royalties two months after oil production and three months after natural gas production.