Marine Petroleum Trust(MARPS)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$4.45
10/30/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1M
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  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for MARPS

10/30/2026: MARPS (1-star) is currently NOT-A-BUY. Pass it for now.

Marine Petroleum Trust is a royalty trust that provides investors with passive income derived from net profits in specific offshore oil and gas leases. Its primary strength lies in its simple structure, which requires no operational management, offering direct exposure to energy commodity prices. The primary investment story revolves around the trust's ability to generate cash payouts when oil and gas prices rise. However, the trust faces significant risks, including the inevitable depletion of its underlying assets, price volatility, and dependence on third-party operators. It is best suited for income-focused investors who understand the risks of finite, declining-asset energy vehicles and should be monitored closely during energy market fluctuations.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe trust's assets are in permanent decline, offering no potential for long-term business expansion.
Momentum investorMixed fitMomentum may occur during commodity price spikes, but the long-term trend remains downward.
Value investorMixed fitValue can be found when distributions are high relative to price, but assessing the terminal value of depleting assets is difficult.
Dividend investorStrong fit while signal remains positiveThe trust is designed exclusively for income distribution, though dividends are variable and not guaranteed.
Low-risk investorWeak fitHigh sensitivity to commodity prices and asset depletion risk creates significant volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighDistributions are entirely dependent on fluctuating oil and gas market prices.
Valuation riskMedium / highValuing a depleting asset that has a finite, uncertain life is inherently speculative.
Competition risk (commodity dependence)MediumThe trust competes for income relevance against other energy trusts and producers.
Business qualityLowThe business is a passive, passive-depleting structure with no growth capability.
Dividend incomeMediumIncome is inconsistent and fluctuates based on production and operator costs.
Execution riskLow / noneThe trust does not conduct operations, so it bears no execution risk, only the risk of third-party operator performance.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -10.81%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/30/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
MARPS receives a 3-star rating, supported by solid company fundamentals, and solid quantitative characteristics. The rating is constrained by soft analyst coverage, and weak price momentum.

Company Fundamentals

★★★★★
MARPS has solid overall fundamentals (4 stars), with solid financial health, moderate growth momentum, and solid ownership. In FY2026 versus FY2025, strong profitability (net margin 66.9%) is partially offset by negative earnings growth (-9.4%), soft cash generation (FCF margin 0.0%), slightly negative revenue growth (-2.5%).

Financial Health Rating

★★★★★
MARPS's financial health is supported by strong profitability, including gross margin of 100.0% and operating margin of 66.9%. Liquidity is soft (2 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
MARPS's growth profile is soft, with the least-weak measure being free-cash-flow growth at +0.0% FY2026 versus FY2025. By comparison, while revenue growth (-2.5%, slightly negative) and earnings growth (-9.4%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 3.0% and approximately 75.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 31.04% supports management-shareholder alignment.

Top 5 Institutional Investors

Welch Group, LLC 1.00%
Morgan Stanley - Brokerage Accounts 0.12%
Integrated Wealth Concepts LLC 0.04%
BNP Paribas Arbitrage, SA 0.04%
Hanson Mcclain Inc 0.03%

Unit Economics (Per $1K Revenue)

★★★★★
MARPS generates approximately $1,000 of gross profit, $669 of operating income, and $0 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Solid margins and weak cash conversion support a 3-star rating, while capital efficiency is weak.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
MARPS has a high-quality, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 8.90M USD
Price to earnings Ratio 13.91
1Y Target Price -
Price to earnings Ratio 13.91
1Y Target Price -
Volume (30-day avg) 5.2K shares
Beta 0.35
52 Weeks Range 3.80 - 6.23
Updated Date 10/31/2026
52 Weeks Range 3.80 - 6.23
Updated Date 10/31/2026
Dividends yield (FY) 7.37%
Basic EPS (TTM) 0.32

How Company Makes Money

Business areaWhat it includesRetail investor read
Oil & Gas Royalty InterestsIncome from net profits interests in offshore oil and gas leases.You receive a share of the profits from oil and gas production, which varies with market prices and production levels.

Valuation

Trailing PE 13.91
Forward PE -
Enterprise Value 7.65M
Price to Sales(TTM) 9.03
Enterprise Value 7.65M
Price to Sales(TTM) 9.03
Enterprise Value to Revenue 7.91
Enterprise Value to EBITDA 11.94
Shares Outstanding 2.00M
Shares Floating 1.51M
Shares Outstanding 2.00M
Shares Floating 1.51M
Percent Insiders 31.04
Percent Institutions 2.99

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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