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https://www.advfn.com/stock-market/NASDAQ/LWLG/news
Gas powers ai. However other technologies are needed to cut power consumption and increase speed of internet
Imo
If I didn't already have plenty, I would bid mid .40's (.43, .44) and see if it comes there. Maybe for any reason someone sells?
Long ways to go before a payday in late November. (Nov.30,2023)
Time to buy ECTM
Or wait
Ok is now good time to buy ectm
Or with this correction in market you have another idea
Thank you
Because ECTM is OTC there is a lack of news flow and few know the generous dividend coming in three days. .03. 29.26% annualized
I am talking to myself here.
Bank to be made on ECTM now they have built up the cash to increase acreage in The best Natural Gas play in the eastern USA.
Time for someone to tell Robinhood?
The trust paused last 2 Qs to add cash for more acreage.
...O dividend, the .006, and in spite of low prices and current admin negative on natural gas,
Truth is different on Natty Gas than the narrative. It runs the world cleanly.
Few news services and brokerages are yet talking the return of ECTM to healthy dividends. Volume will tell the story.
Time to wake up. .03 declared
When they announce the next quarter's dividend ECTM will return to favor.
I have been taking advantage of the pause and price drop.
GLTA longs and set them for sale at a healthy profit. Mark it.
JMO
Ok got some money to invest any ideas
Bought jepi ndmo prt or just reinvest in them
Do you have an extra pair of pants. Lost them in inqd? They left me my underwear.
Should of bought this and other dividend stocks..
Imo ev will kill oil industry slowly though its picking up speed.
Imo
Its like email killed postage stamp mail
Or airbnb killing hotel industry
Yes oil will always be around, it just will not be the main source, however the writing is on the.less growth in oil .major growth in ev
Just my opinion
Plus other sources like hydrogen wind,solar, all chipping away at oil /gas
Can't decide which to buy etcm or prt or epd all are good
Seem to like the prt for monthly
Time to shake the cage a bit and get the eyes of the world on $ECTM
Volume precedes price.
Stock Twits ... next
-pete
.
Hi you still own this stock?
Still worth investing , can you update me.
Thank you
ECA MARCELLUS TRUST I (OTC Pink: ECTM) announced today that the Trust’s distribution for the quarter ended June 30, 2022, will be $0.176 per unit, which is expected to be distributed on or before August 31, 2022 to holders of record as of the close of business on August 19, 2022. As previously disclosed, commencing with the distribution to unitholders paid in the first quarter of 2019, the Trustee has withheld, and in the future intends to withhold, the greater of $90,000 or 10% of the funds otherwise available for distribution each quarter to gradually build a cash reserve of approximately $1.8 million.
With current Natural Gas(NG) prices approaching $7.00/MM BTU's next months dividend should be even larger than what was paid in February.
And, with the war in Ukraine looking like it will continue for some time per Mr. Putin, European NG prices will be staying at these levels for some time.
Look for ECTM to pay over .80/Share in dividends over the next year.
Company Summary
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's purpose is, in general, to hold the Royalty Interests to distribute to the Trust unitholders cash and to perform certain administrative functions in respect of the Royalty Interests and the Trust units. The Trust owns royalty interests in over 14 Producing horizontal natural gas wells (the Producing Wells), and royalty interests in over 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation (the PUD Wells) within the area of mutual interest (AMI), in which ECA holds approximately 9,300 acres, of which it owned all of the working interests, in Greene County, Pennsylvania. It owns Royalty Interests in over 40 development wells that are in production.
ECTM has been on a steady climb from .40 to 2.50 over 3 months and not one post during that time. Odd
ECT changed to ECTM. Delisted from the NYSE to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
I was very happy with this for quite some time, but then starting last year, it no longer qualified for DRIP.
ECT bullish 2.29
investor center
http://ect.investorhq.businesswire.com/
note trust uses k-1 forms
http://www.taxpackagesupport.com/ect
normal chart
log chart
$ECT any thoughts on going into 2016?
Interesting move in oil today.
Seasonally, oil plays are not good in the North American winter months. Better off in early spring.
Not sure if this is a sort of delayed reaction to Yellin's remarks.
I will admit that it looked tasty when it went below the 52 week low.
But, that has happened across the sector. Today might just be a sort of head fake.
Because of the fact that oil usually sees weakness I am kind of on the sidelines.
I speak here as a trader. As a longer-term investor, it could be an opportunity, but I am looking at other plays for investing.
ECT is waking up; the bottom is in for this dividend cycle. The ride up to the next dividend begins today. Hope you all are on board. The stock should go up to about $9.00 or $9.50 this cycle.
Seeking Alpha Article came out:
http://seekingalpha.com/article/1285931-are-eca-marcellus-trust-holders-about-to-get-whxed?source=yahoo
And explains a few reasons why it is overvalued at 16.50 and expecting the price to fall.
Natural Gas looks to have stabilized in price and that's the main driver in the value of the trust.
Good luck and happy trading.
Natural Gas had the crap kicked out of it last year.
This sound silly, because the price has gone back up, but ....
In the last couple of weeks, companies have been releasing 10-Ks.
For Trusts, you can see what the expected Fair Value of Cash flows is.
You can imagine that when a trust shows a fair value of its assets of about $80 Million .... things don't look that great when the market gives it a $300 Million Value ....
In addition to this, the principals have indicated that they have exchanged the subordinated units for common units. This means they will receive better distributions and have a market to sell their units.
My dividend price target for the 1 qtr of next year is $1.50.
14 wells pumping in the first half of 2012. 2nd qtr dividend achieved by only 14 wells. 38 new wells coming on line in the second half for a total of 52 wells pumping by the end of the year. A side comment on the conference call was production was already up 18% in July over June. You do the math.
Very little risk and a huge reward coming here. Most people don't understand. I continue to acquire shares. I think it's so obvious and I don't understand why so many people have missed it. Thank you, thank you everyone for the sale pricing!
This will head straight up for the next 9 months as soon as people understand what is happening.
~ Monday! $ECT ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $ECT ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=ECT&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=ECT&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=ECT
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ECT#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ECT+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ECT
Finviz: http://finviz.com/quote.ashx?t=ECT
~ BusyStock: http://busystock.com/i.php?s=ECT&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ECT >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Not nearly as exciting to watch as it was between Sept '10 and March '11.
This has been swinging up and down in a channel for months now. Looks like a candidate for slow swing trading.
It took a big hit during the market slide last week. Lets see whether it works its way back up to the 27 range, like before.