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Marine Petroleum Trust
AddedMar 20, 2024
UpdatedJul 5, 2026
Marine Petroleum Trust

Marine Petroleum Trust

Public

Dallas-based mining company with royalty interests in Gulf of Mexico oil and gas leases. Founded in 1956.

HQ
Dallas, TX, US
Overview
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Employees
Website

Marine Petroleum Trust, founded in 1956 and based in Dallas, Texas, operates as a royalty trust with a core mission to efficiently manage and liquidate rights to payments from oil and natural gas leases. The trust holds overriding royalty interests in leases located in the Central and Western areas of the Gulf of Mexico, off the coasts of Louisiana and Texas. Marine Petroleum Trust focuses on providing a practical means for the administration of these rights, ensuring steady income from its energy sector investments.

Notable figures affiliated with Marine Petroleum Trust include its trustees and administrative personnel who oversee the trust's operations. The trust has consistently generated revenue from its royalty interests, contributing to the energy market's stability and providing returns to its stakeholders. Its long-standing presence since 1956 underscores its resilience and impact within the oil and gas industry, particularly in the Gulf of Mexico region.

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Marine Petroleum Trust - Quick Facts

Who are Marine Petroleum Trust's competitors?

Companies similar to Marine Petroleum Trust include Permianville Royalty Trust, Sabine Royalty Trust, PermRock Royalty Trust and Permian Basin Royalty Trust.

Where is Marine Petroleum Trust's headquarters located?

Marine Petroleum Trust's headquarters is located in Dallas, TX, US.

Marine Petroleum Trust - Classification

Ownership
  • Public
Technology
  • Data
Geographic Exposure
  • United States
Revenue
  • Recurring
Main Product
  • Oil
  • Royalty
Tags
  • Energy
  • Financial
  • Investors
Unique IDs
  • secCik: 0000062362
  • ticker: MARPS
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction
  • 211000Oil and Gas Extraction
  • 211100Oil and Gas Extraction
  • 211120Crude Petroleum Extraction
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
Show 6 more industry codes
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221200Natural Gas Distribution
  • 221210Natural Gas Distribution
SIC
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services