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ECA Marcellus Trust I Q3 2023 Earnings Report

$0.41 +0.05 (+12.92%)
(As of 12/20/2024 05:55 PM ET)

ECA Marcellus Trust I Earnings Headlines

ECA Marcellus Trust I Announces Quarterly Distribution
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
ECA Marcellus Trust I Announces Quarterly Distribution
ECA Marcellus Trust I ECTM
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About ECA Marcellus Trust I

ECA Marcellus Trust I (OTCMKTS:ECTM) owns royalty interests in producing wells and horizontal natural gas development wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 40 development wells located in the Greene County, Pennsylvania. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the development wells. The company was incorporated in 2010 and is based in Houston, Texas.

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