MARPS has been in the news 313% more than usual
Jun 11, 2025, 6:31 PM
41.67%
What does MARPS do
Marine Petroleum Trust, based in Dallas, Texas, manages payments from oil and gas leases in the Gulf of Mexico and distributes cash to unitholders quarterly. Its subsidiary, Marine Petroleum Corporation, oversees royalty interests offshore Louisiana.
MARPS has been in the news recently: The article discusses recent actions taken by U.S. officials in response to violence and immigration enforcement issues, including sanctions against the Sinaloa cartel and the deployment of Marines to Los Angeles. Defense Secretary Pete Hegseth defended the military's involvement in maintaining order during riots linked to ICE operations.
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