Marine Petroleum Trust cuts quarterly cash distribution to 8.3661c per unit

Marine Petroleum Trust declared a quarterly cash distribution to the holders of its units of beneficial interest of 8.3661c per unit, payable on December 28, 2023, to unitholders of record on November 30, 2023. This distribution of 8.3661c per unit is lower than the 12.1831c per unit distributed last quarter. This quarter, the volume of oil produced and included in this distribution increased slightly while the volume of natural gas produced decreased. The pricing realized for both oil and natural gas decreased compared to last quarter.