MARPS has been in the news 326% more than usual
Jul 16, 2025, 10:32 AM
-2.27%
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: Marine Products Corporation has appointed Gary Kolstad to its Board of Directors, strengthening its leadership team. Additionally, Celerant Technology is partnering with Wintron Electronics to assist marine retailers in optimizing their inventory and product offerings.
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