Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust primarily 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 America off the coasts of Louisiana and Texas. The company was founded in 1956 and is based in Dallas, …
Full MARPS analysis →
Competitive advantage assessment
Key strengths
Margins Consistently Above PeersGross margin at 100.0% (top 0%) and operating margin at 68.8% (top 3%) indicate strong pricing power.
Cash Generation ConsistentCash generation is consistent (score 1.00), indicating reliable business model.
Key risks
Liquidity ConcernsLiquidity is concerning (score 0.00), raising questions about short-term obligations.
ROIC Below WACC or PeersROIC at 0th percentile suggests inefficient capital deployment.
The dashed ring is the peer median. Defense scores are percentile ranks
against peers, so 50 is roughly the typical company in this group.
Upgrade to unlock the signals and evidence behind each defense.
Premium access
Unlock full defense analysis
Get key signals, strengths, and risks for every moat dimension.
3273 ranks #9 of 56
scored companies in Oil & Gas Midstream by moat score — the top 16%.
The widest moat in the group is Hess Midstream LP (HESM)
at 84/100.
Moat scores for companies ranked near MARPS in Oil & Gas Midstream
How MARPS scores on the Corporate Default defenses
Pricing Power
Score 77
· 20% of the moat score
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 49
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 74
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 70
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 65
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 63
· 15% of the moat score
Scale matters only when it converts into economics.
3273 (MARPS) scores 67 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #9 of 56 scored companies in Oil & Gas Midstream, the top 16%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 67 companies in Oil & Gas Midstream. Its strongest defense is Pricing Power (77/100) and its weakest is Cost Advantage (49/100).
How does 3273 compare with other Oil & Gas Midstream companies?
3273 ranks #9 of 56 scored companies in Oil & Gas Midstream by moat score. The widest moat in Oil & Gas Midstream is Hess Midstream LP (HESM) at 84/100. The companies ranked closest are Western Midstream Partners, LP (WES) at 68 just above it and DHT Holdings, Inc. (DHT) at 66 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 67 companies in Oil & Gas Midstream. The defenses are then weighted to produce the overall score out of 100.
Why is 3273 scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for 3273?
The Corporate Default template measures 6 defenses, and MARPS scores: Pricing Power (77), Cost Advantage (49), Customer Stickiness (74), Capital Efficiency (70), Resilience (65), Scale & Market Position (63). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
We value your privacy
We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking 'Accept All', you consent to our use of cookies.
Read our cookie policy
Cookie Preferences
Manage your cookie preferences. Essential cookies are always enabled.