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.
Industry, Sector and Symbol:
- Sector: Energy
- Industry: Oil & Gas Exploration and Production - NEC
- Sub-Industry: N/A
- Symbol: NYSE:ECT
- CUSIP: N/A
- Web: N/A
- Market Cap: $36.97 million
- Outstanding Shares: 17,604,000
- 50 Day Moving Avg: $2.10
- 200 Day Moving Avg: $2.24
- 52 Week Range: $1.83 - $2.95
Sales & Book Value:
- Trailing P/E Ratio: 8.11
- Foreward P/E Ratio: 2.33
- P/E Growth: 0.00
- Annual Revenue: $5.81 million
- Price / Sales: 6.36
- Book Value: $3.10 per share
- Price / Book: 0.68
- Net Margins: 73.77%
- Return on Equity: 11.02%
- Return on Assets: 10.75%
- Average Volume: 41,355 shs.
- Short Ratio: 1.68
Frequently Asked Questions for Eca Marcellus Trust I (NYSE:ECT)
What is Eca Marcellus Trust I's stock symbol?
Eca Marcellus Trust I trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECT."
How often does Eca Marcellus Trust I pay dividends? What is the dividend yield for Eca Marcellus Trust I?
Eca Marcellus Trust I announced a quarterly dividend on Friday, May 5th. Investors of record on Thursday, May 18th will be given a dividend of $0.086 per share on Wednesday, May 31st. This represents a $0.34 annualized dividend and a dividend yield of 16.38%. The ex-dividend date of this dividend is Tuesday, May 16th. This is an increase from Eca Marcellus Trust I's previous quarterly dividend of $0.07. View Eca Marcellus Trust I's Dividend History.
How were Eca Marcellus Trust I's earnings last quarter?
Eca Marcellus Trust I (NYSE:ECT) posted its quarterly earnings results on Monday, August, 10th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.06. The firm earned $1.43 million during the quarter, compared to analysts' expectations of $1.87 million. Eca Marcellus Trust I had a return on equity of 11.02% and a net margin of 73.77%. View Eca Marcellus Trust I's Earnings History.
Who are some of Eca Marcellus Trust I's key competitors?
Some companies that are related to Eca Marcellus Trust I include SandRidge Mississippian Trust II (SDR), MV Oil Trust (MVO), EXCO Resources NL (XCO), Pacific Coast Oil Trust (ROYT), President Energy PLC (PPC), UK Oil & Gas Investments PLC (UKOG), Victoria Oil & Gas plc (VOG), TransAtlantic Petroleum Ltd (TAT), Vaalco Energy (EGY), The Parkmead Group plc (PMG), Mid-Con Energy Partners, LP (MCEP), Chariot Oil & Gas Limited (CHAR), SandRidge Mississippian Trust I (SDT), Petroquest Energy (PQ), Sterling Energy plc (SEY), Houston American Energy (HUSA), JKX Oil and Gas PLC (JKX) and Trinity Exploration & Production PLC (TRIN).
Who are Eca Marcellus Trust I's key executives?
Eca Marcellus Trust I's management team includes the folowing people:
- Thomas R. 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 M. Mork, Vice President - Eastern Operations
- J. Michael Forbes, Vice President, Treasurer
- George V. O'Malley, Vice President - Accounting
- L. B. Curtis, Chairman Emeritus
- W. Gaston Caperton III, Director
- Peter H. Coors, Director
Who owns Eca Marcellus Trust I stock?
Eca Marcellus Trust I's stock is owned by many different of institutional and retail investors. Top institutional shareholders include HighTower Advisors LLC (0.41%), United Bank Inc. (0.38%), Renaissance Technologies LLC (0.32%) and California Public Employees Retirement System (0.28%). View Institutional Ownership Trends for Eca Marcellus Trust I.
Who sold Eca Marcellus Trust I stock? Who is selling Eca Marcellus Trust I stock?
How do I buy Eca Marcellus Trust I stock?
Shares of Eca Marcellus Trust I can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Eca Marcellus Trust I's stock price today?
MarketBeat Community Rating for Eca Marcellus Trust I (NYSE ECT)MarketBeat's community ratings are surveys of what our community members think about Eca Marcellus Trust I and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Eca Marcellus Trust I stock can currently be purchased for approximately $2.10.
Consensus Ratings for Eca Marcellus Trust I (NYSE:ECT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Eca Marcellus Trust I (NYSE:ECT)
(Data available from 6/28/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/1/2015||Raymond James Financial, Inc.||Downgrade||Market Perform -> Underperform||N/A|
Earnings History for Eca Marcellus Trust I (NYSE:ECT)Earnings History by Quarter for Eca Marcellus Trust I (NYSE ECT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2015||Q2 2015||$0.06||$0.06||$1.87 million||$1.43 million||View||N/A|
|11/7/2014||Q3 2014||$0.27||$0.20||$5.91 million||$3.74 million||View||N/A|
|8/8/2014||Q2 2014||$0.32||$0.28||$6.81 million||$5.35 million||View||N/A|
|5/9/2014||Q1 2014||$0.42||$0.33||$7.88 million||$6.79 million||View||N/A|
Earnings Estimates for Eca Marcellus Trust I (NYSE:ECT)
Current Year EPS Consensus Estimate: $0.77 EPS
Next Year EPS Consensus Estimate: $0.90 EPS
Current Dividend Information for Eca Marcellus Trust I (NYSE:ECT)
|Most Recent Dividend:||5/31/2017|
|Dividend Growth:||-54.30% (3 Year Average)|
|Payout Ratio:||44.16% (Based on This Year's Estimates)|
37.78% (Based on Next Year's Estimates)
Dividend History by Quarter for Eca Marcellus Trust I (NYSE ECT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Eca Marcellus Trust I (NYSE:ECT)Insider Trades by Quarter for Eca Marcellus Trust I (NYSE:ECT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/16/2014||Corp Of America Energy||major shareholder||Sell||2,500,000||$7.50||$18,750,000.00|| |
Headline Trends for Eca Marcellus Trust I (NYSE:ECT)
Latest Headlines for Eca Marcellus Trust I (NYSE:ECT)
|Reviewing Whiting Petroleum Corp (WLL) & Eca Marcellus Trust I (ECT)|
www.americanbankingnews.com - June 25 at 6:38 PM
|Largest Shareholder Of Ellipsiz Communications Responds To Management Information Circular|
www.thestreet.com - June 15 at 6:57 PM
|ECA Marcellus Trust I :ECT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017|
finance.yahoo.com - May 30 at 11:36 AM
|Eca Marcellus Trust I (ect) Plans Dividend Increase - $0.09 Per Share|
www.americanbankingnews.com - May 8 at 12:30 PM
|ECA Marcellus Trust I :ECT-US: Earnings Analysis: Q4, 2016 By the Numbers : March 16, 2017|
us.rd.yahoo.com - March 16 at 6:15 PM
|ECA MARCELLUS TRUST I Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 10 at 5:56 PM
|ECA MARCELLUS TRUST I Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh|
biz.yahoo.com - February 8 at 5:22 PM
|ECA Marcellus Trust I Announces Quarterly Distribution - Business Wire (press release)|
www.businesswire.com - February 2 at 10:29 PM
|ECA Marcellus Trust I Announces Quarterly Distribution|
finance.yahoo.com - February 2 at 5:23 PM
|Oil And Gas Trust Value Ranking, December 2016|
seekingalpha.com - December 22 at 5:04 PM
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investorplace.com - December 15 at 5:28 PM
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investorplace.com - December 12 at 10:07 PM
|ECA Marcellus Trust I - Fundamentals Have Changed, Time To Sell? - Seeking Alpha|
seekingalpha.com - November 18 at 4:06 PM
|ECA Marcellus Trust I - Fundamentals Have Changed, Time To Sell?|
seekingalpha.com - November 18 at 11:48 AM
|ECA MARCELLUS TRUST I Financials|
finance.yahoo.com - November 17 at 4:03 PM
|ECA Marcellus Trust I (ECT) Ex-Dividend Date Scheduled for November 16, 2016 - Nasdaq|
www.nasdaq.com - November 16 at 5:37 AM
Eca Marcellus Trust I (ECT) Chart for Wednesday, June, 28, 2017