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ECA Marcellus Trust I Unit (ECTM)

OTC Markets
Currency in USD
Disclaimer
0.44
-0.01(-3.18%)
Closed
ECTM Scorecard
High dividend Yield
Fair Value
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Day's Range
0.420.46
52 wk Range
0.341.48
Prev. Close
0.45
Open
0.46
Day's Range
0.42-0.46
52 wk Range
0.34-1.48
Volume
8,377
Average Vol. (3m)
25,129
1-Year Change
-68.75%
Shares Outstanding
17,605,000
Fair Value
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Dividends Payment Streak
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Technical
Strong Sell
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ECA Marcellus Trust I Unit Company Profile

ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust does not conduct any operations or activities. The Trust owns royalty interests in approximately 14 Producing Wells and royalty interests in over 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation (the PUD Wells) within the area of mutual interest (AMI), in which ECA holds approximately 9,300 acres, of which it owned all of the working interests, in Greene County, Pennsylvania. The Trust also holds royalty interests in over 40 development wells that are in production. The Trust subsidiaries include Greylock Production, LLC (Greylock Production), which serves as operator of the subject wells, and Greylock Midstream, LLC (Greylock Midstream), whose subsidiaries market and gather certain of the gas. The Bank of New York Mellon Trust Company, N.A. serves as Trustee.

Industry
Oil & Gas
Sector
Energy
Employees
0
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