Marine Petroleum Q3 Distributable Income Per Unit $0.07, Down 41.7%

Marine Petroleum Trust reported a significant decrease in distributable income for the three months ended March 31, 2026, falling to $134,148 from $242,418 in the prior year, resulting in distributable income per unit of $0.07, down from $0.12. This decline was primarily driven by lower oil and natural gas royalties due to decreased production volumes for oil, natural gas, and natural gas liquids, coupled with lower average oil prices. For the nine-month period, distributable income also decreased to $456,810 from $557,108, with distributable income per unit at $0.23 compared to $0.28 in the previous year. Notably, Q3 2026 distributions per unit increased to $0.10 from $0.08 despite the lower distributable income.