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ECA Marcellus Trust I. Trade Record

NYSE:ECT ECA Marcellus Trust I stock gains 15.91% Exit Feb 21, 2019 a Trade Record by priceseries

Trade Chart
Trade Chart ECT Jan 14, 2019, priceSeries
About ECA Marcellus Trust I

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation located in Greene County, Pennsylvania; and 52 horizontal natural gas development wells drilled to the Marcellus Shale formation covering approximately 9,300 acres held by ECA in 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 founded in 2010 and is based in Austin, Texas.

Trade Information
Trade Type
LONG
ReliabilityScore™
86.96
Entry Date
Jan 14, 2019
Entry Price
1.52
Sell Date
Feb 21, 2019
Sell Price
1.76
Net Gain
15.91%
Hold Time
26 Trading Days