Headlines about Eca Marcellus Trust I (NYSE:ECT) have trended somewhat negative recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eca Marcellus Trust I earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 46.7697047841861 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Eca Marcellus Trust I (NYSE:ECT) traded down $0.05 during midday trading on Friday, hitting $2.00. 36,269 shares of the company’s stock were exchanged, compared to its average volume of 28,011. The company has a market capitalization of $36.09, a P/E ratio of 6.06 and a beta of 1.21. Eca Marcellus Trust I has a one year low of $2.00 and a one year high of $2.55.
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Tuesday, February 20th were issued a $0.067 dividend. This represents a $0.27 annualized dividend and a dividend yield of 13.40%. The ex-dividend date was Friday, February 16th. Eca Marcellus Trust I’s dividend payout ratio (DPR) is presently 81.82%.
About Eca Marcellus Trust I
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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