---
title: "Marine Petroleum | 10-Q: FY2026 Q3 Revenue: USD 228.17 K"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286431692.md"
datetime: "2026-05-14T14:19:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286431692.md)
  - [en](https://longbridge.com/en/news/286431692.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286431692.md)
generator: "portal-rs"
---

# Marine Petroleum | 10-Q: FY2026 Q3 Revenue: USD 228.17 K

Revenue: As of FY2026 Q3, the actual value is USD 228.17 K.

EPS: As of FY2026 Q3, the actual value is USD 0.07.

EBIT: As of FY2026 Q3, the actual value is USD 124.74 K.

#### Three Months Ended March 31, 2026, Compared to March 31, 2025

-   **Segment Revenue**
    -   Income from oil and natural gas royalties decreased to $228,173 in 2026 from $332,993 in 2025, a decrease of $104,820. This reduction was primarily due to decreases in the production of oil, natural gas, and natural gas liquids (-$54,150) and lower oil prices (-$62,198), partially offset by higher natural gas and plant product prices (+$11,528).
    -   Oil royalties decreased to $210,403 in 2026 from $318,672 in 2025.
    -   Natural gas royalties (net of expenses) increased to $15,103 in 2026 from $10,319 in 2025.
    -   Natural gas liquids royalties (net of expenses) decreased to $2,667 in 2026 from $4,001 in 2025.
-   **Operational Costs**
    -   General and administrative expenses increased to $98,731 in 2026 from $95,670 in 2025, primarily due to the timing of professional fee payments.
-   **Distributable Income**
    -   Distributable income decreased to $134,148 in 2026 from $242,418 in 2025.
-   **Operational Metrics - Production and Pricing**
    -   **Oil**
        -   Bbls sold were 3,654 bbls in 2026, down from 4,455 bbls in 2025.
        -   Average price was $57.59 per bbl in 2026, down from $71.53 per bbl in 2025.
    -   **Natural Gas**
        -   Mcf sold were 4,364 mcf in 2026, down from 6,239 mcf in 2025.
        -   Average price (net of expenses) was $3.46 per mcf in 2026, up from $1.65 per mcf in 2025.
    -   **Natural Gas Liquids**
        -   Mcf sold were 7,500 mcf in 2026, down from 11,756 mcf in 2025.
        -   Average price was $0.36 per mcf in 2026, up from $0.34 per mcf in 2025.

#### Nine Months Ended March 31, 2026, Compared to March 31, 2025

-   **Segment Revenue**
    -   Income from oil and natural gas royalties decreased to $710,069 in 2026 from $778,554 in 2025, a decrease of $68,485. This was primarily due to lower prices for oil and plant products (-$136,097) and decreased volumes of natural gas and plant products (-$11,916), partially offset by an increase in oil production (+$63,530) and higher natural gas prices (+$15,998).
    -   Oil royalties decreased to $665,291 in 2026 from $735,377 in 2025.
    -   Natural gas royalties (net of expenses) increased to $36,915 in 2026 from $30,848 in 2025.
    -   Natural gas liquids royalties (net of expenses) decreased to $7,863 in 2026 from $12,330 in 2025.
-   **Operational Costs**
    -   General and administrative expenses increased to $267,655 in 2026 from $249,073 in 2025, primarily due to the timing of professional fee payments.
-   **Distributable Income**
    -   Distributable income decreased to $456,810 in 2026 from $557,108 in 2025.
    -   Distributable income per unit was $0.23 in 2026, down from $0.28 in 2025.
    -   Distributions per unit amounted to $0.22 in 2026, a decrease from $0.27 in 2025.
-   **Operational Metrics - Production and Pricing**
    -   **Oil**
        -   Bbls sold were 10,744 bbls in 2026, up from 9,718 bbls in 2025.
        -   Average price was $61.92 per bbl in 2026, down from $75.67 per bbl in 2025.
    -   **Natural Gas**
        -   Mcf sold were 11,583 mcf in 2026, down from 14,677 mcf in 2025.
        -   Average price (net of expenses) was $3.19 per mcf in 2026, up from $2.10 per mcf in 2025.
    -   **Natural Gas Liquids**
        -   Mcf sold were 21,156 mcf in 2026, down from 26,686 mcf in 2025.
        -   Average price was $0.37 per mcf in 2026, down from $0.46 per mcf in 2025.

#### Core Business Focus and Outlook

Marine Petroleum Trust (海洋石油投资) operates as a royalty trust, prohibited from engaging in any trade or business, with its sole purpose being the administration and liquidation of rights to payments from oil and natural gas leases. The Trust’s income and monthly distributions are significantly influenced by fluctuating commodity prices, which are subject to global political and economic conditions, and supply/demand dynamics. The Trust’s oil and natural gas properties are depleting assets, and production from existing wells is expected to decrease over time due to normal well depletion, as new investments are prohibited.

### Related Stocks

- [MARPS.US](https://longbridge.com/en/quote/MARPS.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**