Marine Petroleum Trust Reported Earnings

Marine Petroleum Trust (MARPS) reported earnings of $0.07 per share on revenue of $0.23 million for the . . Revenue fell 31.07% compared to the same quarter a year ago.

Marine Petroleum Trust is a royalty trust that is not permitted to engage in any business activity because it was organized for the sole purpose of providing an efficient, orderly, and practical means for the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico, pursuant to license agreements and amendments between the Trust's predecessors and Gulf Oil Corporation.