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Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States.

It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas.

Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.

Latest News >

US FDA staff flags safety concerns from J&J, Bristol's CAR-T therapies

Mar 13, 2024

March 13 (Reuters) - The U.S. Food and Drug Administration's staff reviewers on Wednesday raised safety concerns over the use of Johnson & Johnson's ( JNJ ) and Bristol Myers Squibb's ( BMY ) cancer therapies as earlier treatments for blood cancer patients. Staff reviewers said that the pattern of early deaths observed in patients treated with both the therapies...

BeiGene, Max Foundation Providing Brukinsa to Leukemia Patients in Armenia, Nepal as Part of 3-Year Partnership

Mar 13, 2024

09:00 AM EDT, 03/13/2024 (MT Newswires) -- BeiGene ( BGNE ) , the Max Foundation, and the charitable BeiGene Foundation said Wednesday the first doses of Brukinsa (zanubrutinib) have been provided to patients with chronic lymphocytic leukemia in Armenia and Nepal. The organizations said they expect to deliver the medication in 29 low- and middle-income countries under their three-year partnership....

Adidas Reports First Net Loss Since 1992, Warns of Inventory Problems in US

Mar 13, 2024

09:05 AM EDT, 03/13/2024 (MT Newswires) -- Adidas on Wednesday reported its first annual loss since 1992 and warned that US sales would remain soft because of a surplus of stock among retailers. The German sportswear retailer reported a 2023 net loss from continuing operations of 58 million euros ($63.4 million), compared with net income of 254 million euros a...

Why Is Broadband Provider WideOpenWest Stock Trading Lower Wednesday?

Mar 13, 2024

WideOpenWest, Inc ( WOW ) reported a fourth-quarter revenue decline of 6% year-on-year to $168.8 million, missing the consensus of $170.6 million. EPS loss of $(0.54) missed the consensus loss of $(0.01). The stock price slipped after the results. HSD Revenue totaled $108.7 million, up by 1% Y/Y. Total Subscription Revenue for the quarter was $155.5 million, down by 5% Y/Y, primarily driven...