Marine Petroleum Trust (NASDAQ: MARPS) declared a quarterly cash distribution of $0.068097 per unit.
The distribution will be payable on September 29, 2025, to unitholders of record on August 29, 2025.
The current distribution is lower than the previous quarter due to decreased oil and natural gas production volumes and varying prices.
Quarterly Cash Distribution
$0.068097 per unit, lower than the previous quarter.
Production Volumes
Decrease in oil and natural gas production compared to previous quarter.
Price Realization
Oil prices decreased while natural gas prices increased.
- The decrease in production volumes and change in price realization led to the lower cash distribution for this quarter.
- Comparing to the same quarter in 2024, both production volumes and price realizations have shown variations affecting the distribution amount.
The third quarter cash distribution announcement reflects the impact of production volumes and price fluctuations on Marine Petroleum Trust's financial performance.