ECA Marcellus Trust I Cancels 2Q20 Distribution to Investors

ECA Marcellus Trust I, traded over-the-counter on the pink sheets, announced on Friday that there will be no distribution (i.e. dividends) paid for the quarter ended June 30, 2020 to shareholders because expenses exceeded net revenues to the Trust for the quarter. This is the second quarter in a row the Trust has not paid investors (see ECA Marcellus Trust I Cancels 1Q20 Distribution to Investors). Who is ECA?
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Why is the Chester County, PA District Attorney hell-bent on persecuting (i.e. prosecuting) security guards who have done nothing more than protect nutty environmentalists from hurting themselves at Mariner East 2 pipeline construction sites? Former Chester County, PA District Attorney Tom Hogan (RINO), and his successor Deb Ryan (Democrat) were 100% humiliated after a Chester County Magisterial District Judge in June dismissed the entire case against the local head of security for Energy Transfer in what the DA’s office lyingly calls a “buy a badge scheme” (see
Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. In April the company laid off roughly 100 employees (see
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Last week Energy Transfer’s Mariner East 2X pipeline experienced an “inadvertent return”–nontoxic drilling mud coming up out of the ground where it’s not supposed to–in Chester County, PA (see
In July 2018 Eagle LNG officially opened its Maxville, Florida (suburb of Jacksonville) liquefaction facility to first liquefy then transport LNG to Crowley’s new LNG bunkering facility at the Port of Jacksonville (Jaxport) where the LNG is used to fuel two Crowley LNG-powered ships designed to carry both containerized and roll-on/roll-off cargo (see
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