Welcome to our dedicated page for Eca Marcel news (Ticker: ECTM), a resource for investors and traders seeking the latest updates and insights on Eca Marcel stock.
Eca Marcel (ECTM) operates as a diversified investment trust focused on strategic asset management and risk-aware capital allocation. This news hub provides stakeholders with direct access to official announcements, financial updates, and operational developments from the company.
As a centralized resource for ECTM-related information, this page aggregates press releases covering earnings reports, governance changes, portfolio adjustments, and market engagements. Investors gain timely insights into the company’s approach to asset diversification, regulatory compliance, and long-term value creation.
Key content categories include updates on investment trust operations, capital market activities, corporate governance decisions, and strategic partnerships. All materials are sourced directly from verified company communications to ensure accuracy and relevance.
Bookmark this page for streamlined access to Eca Marcel’s latest developments. Regular monitoring of these updates provides critical context for understanding the company’s position within the investment management sector.
ECA Marcellus Trust I (OTC Pink: ECTM) has declared a quarterly distribution of $0.052 per unit for Q1 2025, payable by May 30, 2025, to unitholders of record as of May 20, 2025. The Trustee continues to build a cash reserve for future expenses, withholding $90,000 this quarter. The target cash reserve was increased from $1.8 million to $3.8 million in November 2021. The Trust owns royalty interests in natural gas properties held by Greylock Energy LLC in Pennsylvania's Marcellus Shale formation. Distribution amounts fluctuate quarterly based on natural gas production proceeds and Trust expenses.
ECA Marcellus Trust I (ECTM) has announced a quarterly distribution of $0.020 per unit for Q4 2024, payable by March 3, 2025, to holders of record as of February 24, 2025. The Trustee continues to build a cash reserve for future expenses by withholding $90,000 quarterly until reaching a target of approximately $3.8 million.
The Trust owns royalty interests in natural gas properties held by Greylock Energy in the Marcellus Shale formation in Greene County, Pennsylvania. Distribution amounts fluctuate quarterly based on production proceeds, natural gas prices, and administrative expenses. The Trustee may adjust the reserve target and withholding rate without advance notice to unitholders.
ECA Marcellus Trust I (ECTM) has announced a quarterly distribution of $0.005 per unit for Q3 2024, payable by November 29, 2024, to holders of record as of November 22, 2024. The Trustee continues to build a cash reserve for future expenses, withholding $90,000 this quarter until reaching a target of approximately $3.8 million. The Trust's distributions are affected by natural gas prices and production proceeds from properties in the Marcellus Shale formation in Greene County, Pennsylvania. The Trustee may adjust the reserve target and withholding rate without advance notice.
ECA Marcellus Trust I (OTC Pink: ECTM) announced that there will be no distribution for the quarter ended June 30, 2024, as Trust expenses offset net revenues. The Trustee has been building a cash reserve since Q1 2019, targeting approximately $3.8 million for future expenses. The Trust, formed to own royalty interests in natural gas properties in the Marcellus Shale formation, is directly affected by volatile commodity prices. Low natural gas prices reduce proceeds and may result in no distributions to unitholders. The Trust's distributions are expected to fluctuate quarterly based on production, natural gas prices, and administrative expenses.
ECA Marcellus Trust I (OTC Pink: ECTM) announced a quarterly distribution of $0.021 per unit for the quarter ended March 31, 2024. This distribution is expected on or before May 31, 2024, to holders of record as of May 21, 2024.
The Trustee has been incrementally building a cash reserve to cover future expenses, raising the target from $1.8 million to $3.8 million. The Trustee withholds $90,000 per quarter to reach this new target.
The Trust's distributions fluctuate due to natural gas prices, production proceeds, and administrative expenses. Low natural gas prices reduce available cash for distribution, sometimes resulting in no payouts. Non-U.S. holders are subject to a 30% withholding tax unless reduced by treaty.
ECA Marcellus Trust I (OTC Pink: ECTM) announced a quarterly distribution of $0.124 per unit for the period ending December 31, 2022, expected on or before February 28, 2023. The Trust will withhold the greater of $90,000 or 10% of available funds per quarter to build a cash reserve of approximately $3.8 million for future expenses. The amount of quarterly distributions may fluctuate based on proceeds from natural gas sales and commodity prices, which have shown significant volatility. Factors such as low natural gas prices may reduce the amount of cash available for distribution to unitholders.
FAQ
What is the current stock price of Eca Marcel (ECTM)?
What is the market cap of Eca Marcel (ECTM)?
