ECA Marcellus Trust I Gives Investors 18 Cents per Unit in 3Q22

ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced it will issue a payout (the equivalent of a dividend) to unitholders of 18 cents for 3Q22. That is the highest payout we’ve seen since we’ve been actively tracing it quarter by quarter. The company continues to hold back some profits ($90,000 in 3Q22) in order to build a cash reserve.

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