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ECA Marcellus Trust I Q4 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
Rare "crisis signal" triggers for third time in U.S. market
A rare pattern has just repeated for the third time in U.S. history. The last two times this happened, the market crashed 78% (the dot-com bust) and 89% (the Great Depression). Today, according to one of America's leading experts (who has predicted nearly every financial crisis of the last 25 years), what's coming next could soon crash the market by 50% or more, and keep it down for 10, 20, or even 30 years.
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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