Monday, 3 February 2025
Home ECA Marcellus Trust I Announces There Will Be No Quarterly Distribution

The following content is a news release distributed by . The original news release may be found here.

ECA Marcellus Trust I Announces There Will Be No Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--ECA MARCELLUS TRUST I (OTC Pink: ECTM) announced today that there will be no distribution paid for the quarter ended June 30, 2024, for holders of record as of the close of business on August 23, 2024, as Trust expenses offset net revenues to the Trust for the quarter. Since the first quarter of 2019, the Trustee has been gradually building a cash reserve for the payment of future known, anticipated or contingent expenses or liabilities of the Trust by withholding cash...

Read the full news release here

Related Articles

FILE - People walk amid an oil spill in the Niger Delta in village of Ogboinbiri, Nigeria, Dec. 11, 2024. (AP Photo/Sunday Alamba, File)
BusinessEconomyOilPolitics

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

ABUJA, Nigeria (AP) — The Nigerian government is in talks with local...

FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo
BusinessOilPoliticsTrade

OPEC+ likely to stick to oil output hike plan, sources say

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+...

First Minister John Swinney was shown a hydrogen gas cooker during the visit (Jane Barlow/PA)
ClimateHydrogen

Swinney: Hydrogen-powered home is ‘exciting’ development in climate change fight

John Swinney says the opening of the first hydrogen-powered homes at a...

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump makes a campaign stop at manufacturer FALK Production in Walker, Michigan, U.S. September 27, 2024.  REUTERS/Brian Snyder/File Photo
BusinessEconomyIndustryInfrastructurePoliticsTrade

US metal buyers likely to turn to Mideast, Chile as tariffs bite

By Melanie Burton MELBOURNE (Reuters) -U.S. companies will look to the Middle...

Login into your Account

Please login to like, dislike or bookmark this article.