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!)
