Saturday, 28 September 2024
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

U.S. President Joe Biden delivers remarks on climate at the Bloomberg Global Business Forum, on the sidelines of the 79th session of the United National General Assembly (UNGA) in New York City, U.S., September 24, 2024. REUTERS/Elizabeth Frantz/File Photo
EconomyInfrastructureManufacturingPoliticsRegulations

Biden still opposes Nippon Steel deal’s bid for US Steel

Biden says his opposition to Nippon's bid for U.S. Steel hasn't changed...

FILE PHOTO: A BYD electric vehicle charges in a Charging Station in front of the Ministry of Economy building in Brasilia, Brazil October 18, 2023. REUTERS/Adriano Machado/File Photo
AutomotiveElectric Vehicles

Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

The sales of new fully electric or hybrid cars in Brazil are...

BiodiversityElectricityEnvironmentIndustryInfrastructureRegulationsResiliencyWind

US postpones sale of floating offshore wind leases along Oregon coast

The federal government postponed an Oregon offshore wind auction due to insufficient...

Login into your Account

Please login to like, dislike or bookmark this article.