ECTM
ECA Marcellus Trust I0.5300
-0.0200-3.64%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
9.33MP/E (TTM)
4.82Basic EPS (TTM)
0.11Dividend Yield
0.2%Recent Filings
8-K
8-K
Quarterly distribution announced
ECA Marcellus Trust I declared a quarterly distribution of $0.020 per unit for the period ended June 30, 2025, payable on or before August 29, 2025, to holders of record on August 25, 2025. The Trustee withheld $90,000 to build cash reserves toward a $3.8 million target for future expenses, amid fluctuating natural gas prices that directly impact proceeds from Greylock Energy's Marcellus Shale production. Distributions vary with commodity volatility. Low prices could halt payouts entirely.
10-Q
Q2 FY2025 results
ECA Marcellus Trust I posted stronger royalty income of $878,516 for Q2 ended June 30, 2025, up from $391,398 a year earlier, thanks to higher realized prices at $2.01 per Mcf despite a 7.9% production drop to 436 MMcf from natural declines. This swung distributable income to $345,074, or $0.020 per unit, from zero last year, while YTD income climbed to $2.2 million from $1.0 million on better pricing offset by 13% lower volumes at 877 MMcf. Cash stood at $2.8 million with $2.5 million reserved for expenses, ensuring steady payouts amid no debt. Production costs rose slightly to $0.72 per Mcf on higher transportation tariffs. Volumes keep fading. Trust faces risks from volatile natural gas prices.
10-Q
Q1 FY2025 results
ECA Marcellus Trust I posted stronger Q1 2025 results, with royalty income jumping 104% year-over-year to $1.3 million from $0.6 million, fueled by higher realized natural gas prices of $2.90 per Mcf versus $1.17 per Mcf, though production dipped 17.4% to 441 MMcf amid natural declines. Distributable income rose to $0.9 million, or $0.052 per unit, from $0.4 million, or $0.021 per unit, after $0.3 million in administrative expenses and $90,000 cash reserve withholding. Cash stood at $2.8 million as of March 31, 2025, bolstering reserves toward a $3.8 million target with no debt or impairments noted. Gross proceeds over the trailing four quarters hit $2.8 million, well above the $1.5 million early termination threshold. Distributions remain volatile. Natural gas prices swing wildly.
8-K
Quarterly distribution announced
ECA Marcellus Trust I declared a quarterly distribution of $0.052 per unit for the period ended March 31, 2025, payable on or before May 30, 2025, to holders of record as of May 20, 2025. The Trustee withheld $90,000 this quarter to build cash reserves toward a $3.8 million target for future expenses, amid fluctuating natural gas prices that directly impact proceeds from Greylock Energy's Marcellus Shale production. Distributions vary with commodity volatility. Low prices could slash payouts.
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