ECA Marcellus Trust I (NYSE:ECT) Earning Somewhat Favorable Media Coverage, Report Finds

Media coverage about ECA Marcellus Trust I (NYSE:ECT) has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ECA Marcellus Trust I earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 46.3813602705581 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

ECA Marcellus Trust I (ECT) traded up 4.44% during midday trading on Friday, hitting $2.35. 16,605 shares of the stock were exchanged. ECA Marcellus Trust I has a 1-year low of $1.98 and a 1-year high of $2.95. The company’s 50 day moving average is $2.25 and its 200 day moving average is $2.22. The company has a market capitalization of $41.37 million, a P/E ratio of 7.12 and a beta of 1.42.

ECA Marcellus Trust I (NYSE:ECT) last posted its earnings results on Wednesday, August 9th. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $2.01 million during the quarter. ECA Marcellus Trust I had a return on equity of 10.54% and a net margin of 84.94%. Analysts predict that ECA Marcellus Trust I will post $0.77 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Friday, August 18th will be paid a dividend of $0.10 per share. This is a boost from ECA Marcellus Trust I’s previous quarterly dividend of $0.09. The ex-dividend date is Wednesday, August 16th. This represents a $0.40 annualized dividend and a yield of 17.02%. ECA Marcellus Trust I’s dividend payout ratio (DPR) is 121.22%.

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ECA Marcellus Trust I Company Profile

ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust is formed by Energy Corporation of America (ECA) to own royalty interests in natural gas properties owned and operated by ECA in the Marcellus Shale formation in Greene County, Pennsylvania. The Trust does not conduct any operations or activities.

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