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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/11/2024 |
$4.80 |
$4.82 |
$4.51 |
$4.70 |
14.70K | | 04/12/2024 |
$4.82 |
$6.50 |
$4.82 |
$5.38 |
287.40K | | 04/15/2024 |
$5.69 |
$5.92 |
$5.01 |
$5.39 |
85.90K | | 04/16/2024 |
$5.42 |
$5.42 |
$4.62 |
$4.69 |
29.70K | | 04/17/2024 |
$4.61 |
$4.98 |
$4.40 |
$4.41 |
15.70K |
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| Marine Petroleum is a royalty trust engaged in providing means for the administration and liquidation of rights to payments from certain oil and natural gas leases in the Gulf of Mexico. Co.'s wholly owned subsidiary, Marine Petroleum Corporation (MPC, and collectively with Co., Marine), holds title to interests in properties that are situated offshore of Louisiana. A portion of all oil, natural gas, and other mineral royalties collected by MPC, are retained by and delivered to Co. Marine's only industry segment is the administration and collection of royalties. Marine also owns interests in Tidelands Royalty Trust B, a separate Texas trust. | |
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Marine Petroleum Trust (MARPS) has the following price history information. Looking back at MARPS historical stock prices for the last five trading days, on April 11, 2024, MARPS opened at $4.80, traded as high as $4.82 and as low as $4.51, and closed at $4.70. Trading volume was a total of 14.70K shares. On April 12, 2024, MARPS opened at $4.82, traded as high as $6.50 and as low as $4.82, and closed at $5.38. Trading volume was a total of 287.40K shares. On April 15, 2024, MARPS opened at $5.69, traded as high as $5.92 and as low as $5.01, and closed at $5.39. Trading volume was a total of 85.90K shares. On April 16, 2024, MARPS opened at $5.42, traded as high as $5.42 and as low as $4.62, and closed at $4.69. Trading volume was a total of 29.70K shares. On April 17, 2024, MARPS opened at $4.61, traded as high as $4.98 and as low as $4.40, and closed at $4.41. Trading volume was a total of 15.70K shares.
MARPS Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Marine Petroleum Trust shares, starting with a $10,000 purchase of MARPS, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$16.68 |
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| End price/share: |
$4.41 |
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| Starting shares: |
599.52 |
|
| Ending shares: |
1,410.68 |
|
| Dividends reinvested/share: |
$4.66 |
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| Total return: |
-37.79% |
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| Average Annual Total Return: |
-4.64% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$6,219.79 |
|
| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/17/2024 |
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| Start price/share: |
$16.68 |
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| End price/share: |
$4.41 |
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| Dividends collected/share: |
$4.66 |
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| Total return: |
-45.61% |
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| Average Annual Total Return: |
-5.91% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$5,439.76 |
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| Years: |
9.99 |
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|
| Date |
Close |
| 04/11/2024 | $4.70 | | 04/12/2024 | $5.38 | | 04/15/2024 | $5.39 | | 04/16/2024 | $4.69 | | 04/17/2024 | $4.41 |
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