|Bid||0.5600 x 40000|
|Ask||0.7400 x 1400|
|Day's Range||0.5500 - 0.6480|
|52 Week Range||0.5200 - 2.0600|
|Beta (3Y Monthly)||1.73|
|PE Ratio (TTM)||2.50|
|Earnings Date||Mar 18, 2019|
|Forward Dividend & Yield||0.23 (41.21%)|
|1y Target Est||7.00|
ECA MARCELLUS TRUST I (NYSE: ECT) today announced that it has received a notice from the New York Stock Exchange ("NYSE") that the Trust has fallen below the NYSE continued listing requirement that the average closing price of the Trust’s units of beneficial interest be at least $1.00 per share, calculated over a period of 30 consecutive trading days. The Trust received the deficiency notice from the NYSE on November 21, 2019, and on November 25, 2019, the Trust acknowledged receipt of the notice.
ECA MARCELLUS TRUST I (ECT) announced today that the Trust’s distribution for the quarter ended September 30, 2019 will be $0.021 per unit, which is expected to be distributed on or before November 29, 2019 to holders of record as of the close of business on November 19, 2019. The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (“Greylock”) in the Marcellus Shale formation in Greene County, Pennsylvania. The Trust is entitled to receive certain amounts of the proceeds attributable to Greylock’s interest in the sale of production from the properties.
ECA MARCELLUS TRUST I today announced that its Annual Report on Form 10-K for the year ended December 31, 2018 has been filed with the SEC. The Annual Report on Form 10-K is available in the “SEC Filings” section of the Trust’s website at http://ect.investorhq.businesswire.com/, as well as on the SEC’s website at www.sec.gov.