Marine Petroleum Trust (Marine Petroleum Trust) Net Undeveloped Acreage # : 0.00 (As of Mar. 2024)

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What is Marine Petroleum Trust Net Undeveloped Acreage #?

Net Undeveloped Acreage # means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas.

The historical rank and industry rank for Marine Petroleum Trust's Net Undeveloped Acreage # or its related term are showing as below:

MARPS's Net Undeveloped Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Undeveloped Acreage # only.

Marine Petroleum Trust Net Undeveloped Acreage # Historical Data

The historical data trend for Marine Petroleum Trust's Net Undeveloped Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marine Petroleum Trust Net Undeveloped Acreage # Chart

Marine Petroleum Trust Annual Data

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Marine Petroleum TrustQuarterly Data

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Net Undeveloped Acreage #

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Competitive Comparison of Marine Petroleum Trust's Net Undeveloped Acreage #

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust's Net Undeveloped Acreage #, along with its competitors' market caps and Net Undeveloped Acreage # data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marine Petroleum Trust (NAS:MARPS) Net Undeveloped Acreage # Explanation

Net Undeveloped Acreage # means those leased acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land leased by the company is not developed, that automatically means it is part of the net undeveloped acreage.

Marine Petroleum Trust Net Undeveloped Acreage # Related Terms

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Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » Net Undeveloped Acreage #

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219

Website

https://www.marps-marine.com

Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.