OTCMKTS:ECTM

ECA Marcellus Trust I (ECTM) Stock Price, News & Analysis

$0.45
+0.03 (+7.10%)
(As of 04/26/2024 ET)
Today's Range
$0.44
$0.47
50-Day Range
$0.41
$0.51
52-Week Range
$0.34
$1.48
Volume
5,143 shs
Average Volume
20,804 shs
Market Capitalization
$7.96 million
P/E Ratio
5.66
Dividend Yield
26.52%
Price Target
N/A

About ECA Marcellus Trust I

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 52 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.

ECTM Stock Price History

ECTM Stock News Headlines

ECA Marcellus Trust I Announces Quarterly Distribution
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
ECA Marcellus Trust I ECTM
Should I Get a Non-Grantor Trust?
ECTM.PK - | Stock Price & Latest News | Reuters
ECA Marcellus Trust(ECTM)
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/21/2024
Dividend Payable
2/29/2024
Last Earnings
3/22/2024
Today
4/28/2024
Next Earnings (Estimated)
5/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
OTCMKTS:ECTM
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$1.84 million
Pretax Margin
63.60%

Debt

Sales & Book Value

Annual Sales
$2.88 million
Cash Flow
$0.08 per share
Book Value
$0.81 per share

Miscellaneous

Free Float
N/A
Market Cap
$7.96 million
Optionable
Not Optionable
Beta
0.56
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ECTM Stock Analysis - Frequently Asked Questions

How have ECTM shares performed in 2024?

ECA Marcellus Trust I's stock was trading at $0.44 at the beginning of the year. Since then, ECTM shares have increased by 2.8% and is now trading at $0.4525.
View the best growth stocks for 2024 here
.

Are investors shorting ECA Marcellus Trust I?

ECA Marcellus Trust I saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 10,300 shares, an increase of 368.2% from the March 31st total of 2,200 shares. Based on an average trading volume of 57,000 shares, the days-to-cover ratio is presently 0.2 days.
View ECA Marcellus Trust I's Short Interest
.

When is ECA Marcellus Trust I's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Saturday, May 11th 2024.
View our ECTM earnings forecast
.

How were ECA Marcellus Trust I's earnings last quarter?

ECA Marcellus Trust I (OTCMKTS:ECTM) posted its earnings results on Friday, March, 22nd. The company reported $0.03 EPS for the quarter. The company had revenue of $0.69 million for the quarter.

How often does ECA Marcellus Trust I pay dividends? What is the dividend yield for ECA Marcellus Trust I?

ECA Marcellus Trust I declared a quarterly dividend on Monday, February 12th. Shareholders of record on Thursday, February 22nd will be given a dividend of $0.03 per share on Thursday, February 29th. This represents a $0.12 annualized dividend and a yield of 26.52%. The ex-dividend date of this dividend is Wednesday, February 21st. This is a boost from the stock's previous quarterly dividend of $0.01.
Read our dividend analysis for ECTM
.

Is ECA Marcellus Trust I a good dividend stock?

ECA Marcellus Trust I (OTCMKTS:ECTM) pays an annual dividend of $0.12 per share and currently has a dividend yield of 26.52%. ECTM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 150.02%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ECTM.

How do I buy shares of ECA Marcellus Trust I?

Shares of ECTM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ECTM) was last updated on 4/28/2024 by MarketBeat.com Staff

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