ECA Marcellus Trust I Gives Investors 2-Penny Dividend for 4Q24

|
ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced last Thursday that it will issue a two-cent dividend to unitholders for the fourth quarter of 2024. The company paid half a penny dividend in 3Q24. The company continues to hold back some profits ($90,000 in 4Q24) to build a cash reserve for “future known, anticipated or contingent expenses or liabilities.”

To view this content, log into your member account. (Not a member? Join Today!)