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ECA MARCELLUS TRUST I - $ECTM STOCK NEWS

Welcome to our dedicated page for ECA MARCELLUS TRUST I news (Ticker: $ECTM), a resource for investors and traders seeking the latest updates and insights on ECA MARCELLUS TRUST I stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ECA MARCELLUS TRUST I's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ECA MARCELLUS TRUST I's position in the market.

Rhea-AI Summary
ECA Marcellus Trust I (ECTM) announces a distribution of $0.030 per unit for the quarter ended December 31, 2023, with plans to increase cash reserves and fluctuating quarterly distributions based on natural gas prices and administrative expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.38%
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Rhea-AI Summary
ECA Marcellus Trust I (OTC Pink: ECTM) announced a quarterly distribution of $0.006 per unit, to be distributed on or before November 30, 2023, with a cash reserve of approximately $3.8 million. The Trust may increase or decrease the targeted amount at any time. The Trust was formed to own royalty interests in natural gas properties held by Greylock Energy LLC in the Marcellus Shale formation in Pennsylvania. The amount of the quarterly distributions is expected to fluctuate depending on production, natural gas prices, and administrative expenses.
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-4.92%
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-10.78%
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Rhea-AI Summary
Rhea-AI Impact
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-4.23%
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4.74%
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12.66%
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3.66%
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Rhea-AI Sentiment
End-of-Day
13.04%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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ECA MARCELLUS TRUST I

OTC:ECTM

ECTM Rankings

ECTM Stock Data

8.03M
0%
0.19%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Houston