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ECA Marcellus Trust I (ECT) Units of Benficial Interest

Sell:$0.72 Buy:$0.75 Change: $0.044651 (6.38%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Sell:$0.72
Buy:$0.75
Change: $0.044651 (6.38%)
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Sell:$0.72
Buy:$0.75
Change: $0.044651 (6.38%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust is formed by Energy Corporation of America (ECA) to own royalty interests in natural gas properties owned and operated by ECA in the Marcellus Shale formation in Greene County, Pennsylvania. The Trust does not conduct any operations or activities. The Trust's purpose is, in general, to hold the Royalty Interests to distribute to the Trust unitholders cash and to perform certain administrative functions in respect of the Royalty Interests and the Trust units. The Trust owns royalty interests in over 10 Producing Wells (the Producing Wells), and royalty interests in over 50 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. It owns Royalty Interests in over 40 development wells that are in production.

Contact details

Address:
601 Travis St Fl 16
HOUSTON
77002-3252
United States
Telephone:
+1 (512) 2366555

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
ECT
ISIN:
US26827L1098
Market cap:
$12.78 million
Shares in issue:
17.61 million
Sector:
Oil & Gas Exploration & Production
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Thomas Goodwin
    Chairman of the Board
  • John Mork
    President, Chief Executive Officer
  • Michael Fletcher
    Chief Financial Officer
  • Donald Supcoe
    Senior Vice President, General Counsel, Secretary, Director
  • Kyle Mork
    Vice President - Eastern Operations
  • J. Forbes
    Vice President, Treasurer
  • George O'Malley
    Vice President - Accounting

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.