OTCMKTS:ECTM

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

$0.42
-0.04 (-8.69%)
(As of 04/24/2024 ET)
Today's Range
$0.42
$0.46
50-Day Range
$0.41
$0.51
52-Week Range
$0.34
$1.48
Volume
10,000 shs
Average Volume
24,232 shs
Market Capitalization
$7.40 million
P/E Ratio
5.26
Dividend Yield
28.54%
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
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
ECA Marcellus Trust I ECTM
Should I Get a Non-Grantor Trust?
ECTM.PK - | Stock Price & Latest News | Reuters
ECA Marcellus Trust(ECTM)
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
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
4/24/2024
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
$7.40 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 start of the year. Since then, ECTM stock has decreased by 4.4% and is now trading at $0.4205.
View the best growth stocks for 2024 here
.

Are investors shorting ECA Marcellus Trust I?

ECA Marcellus Trust I saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,200 shares, a decrease of 15.4% from the March 15th total of 2,600 shares. Based on an average trading volume of 17,200 shares, the days-to-cover ratio is currently 0.1 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) released its earnings results on Friday, March, 22nd. The company reported $0.03 earnings per share for the quarter. The firm earned $0.69 million during 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 28.54%. The ex-dividend date 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 28.54%. 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 4/24/2024 by MarketBeat.com Staff

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