Son, I may be a back swamp cajan, but I ain't stupid. Done that and can find no financials because it is a private company. I suspect it is in bad shape for ECT to take a licking here.
it is a private company, the parent of ECT. This question is key to the strength of ECT and cannot be brushed off due to low nat gas price since other gas trusts have not collapsed as ECT and sister trust.
LIZ, can you point to any website that reports the financial health of the parent Energy Corporation of America, a private company? This trust price has dropped disportionately to mere distribution of earnings. Would be just trading dollars without any earnings, if the trust price dropped by the exact amount of distributions would it; that is what you seem to imply? A sudden 20% price is certainly worthy of the comment commotion here.....no?
got to be a sick parent company and thus danger to this trust. Seeking Alpha articles on this were quite devastating reviews.
When ECA symbol indicated Encana easy mistake. I see the parent with the same initials on google is a private company, so the financials are not available to the public. My mistake, however, if private, has anyone here studied the financials for Energy Corporation of America to see how healthy it is? It must be really sick, if the $20 IPO here went down to $10 bucks. Maybe my original comment also applied to both parent companies with the symbol and initials ECA.
clearly not being managed good, while good pet companies prosper. Encana is a dog last 3 years and will cut dividend and price will fall and there is danger ECA cannot fulfill its obligations to the this trust.
you sort of talk funny......Biogas will never get it ducks in order, is obvious Biogas is a scam stock run by a bunch of old men in Florida that should be in Federal prison
per Alpha article. That alone will dump the price here 23%, but fall will likely continue today as long term investors look at a hold price of $6 to $7
collect 18%.............and go directly to JAIL !