ECA Marcellus Trust I (ECTM)

0.4250 +0.0045 (+1.07%) At close: 03:52PM EDT

ECA Marcellus Trust I

601 Travis Street
16th Floor
Houston, TX 77002
United States
512 236 6555
https://ect.q4web.com

Sector(s): Energy
Industry: Oil & Gas Integrated
Full-time employees: 

Description

ECA Marcellus Trust I owns royalty interests in producing wells and horizontal natural gas development wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 40 development wells located in the Greene County, Pennsylvania. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the development wells. The company was incorporated in 2010 and is based in Houston, Texas.

Corporate governance

ECA Marcellus Trust I’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.