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: Ireland's construction industry is projected to grow by 6.6% to EUR 11.84 billion in 2024, with a compound annual growth rate (CAGR) of 5.8% until 2028. Similarly, China's construction industry is expected to increase by 7.4% to CNY 9.13 trillion in 2024, despite facing current sector challenges.
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