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Marine Petroleum Trust
Argent Trust Company
3838 Oak Lawn Avenue, Suite 1720
Phone: (972) 919-1355p:972 919-1355 DALLAS, TX  75219  United States Ticker: MARPSMARPS
Business Summary
Marine Petroleum Trust (the Trust) is a royalty trust. The Trust and its subsidiary cannot engage in a trade or business. The Trust's wholly owned subsidiary, Marine Petroleum Corporation (MPC), holds title to interests in properties that are situated offshore of Louisiana. Ninety-eight percent of all oil, natural gas, and other mineral royalties collected by MPC, less the receiving and collection costs, are retained by and delivered to the Trust. MPC retains the remaining two percent of the overriding royalties along with other items of income and expense until the board of directors declares a dividend out of the corpus. MPC, like the Trust, is prohibited from engaging in a trade or business and only takes those actions that are necessary for the administration and liquidation of its properties. MPC and the Trust are focused on the purpose of administration and collection of royalties.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20246/30/2024YesYes---

Industries
SIC Code Description
6792 Oil royalty traders
6794 Patent owners and lessors

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Administrator R. RayBell 77

General Information
Outstanding Shares: 2,000,000 (As of 9/30/2024)
Shareholders: 312
Stock Exchange: NASD
Federal Tax Id: 756008017


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Friday, November 29, 2024