ECA Marcellus Trust I announced a quarterly distribution of $0.020 per unit for the quarter ended June 30, 2025.
The distribution is expected to be paid on or before August 29, 2025, to holders of record as of August 25, 2025.
The Trust has been gradually building a cash reserve for future expenses since the first quarter of 2019.
Cash Reserve Increase
The Trustee increased the cash reserve target from $1.8 million to $3.8 million, withholding $90,000 per quarter.
Royalty Interests
The Trust owns royalty interests in natural gas properties held by Greylock Energy LLC in the Marcellus Shale formation in Pennsylvania.
Distribution Fluctuations
Quarterly distributions fluctuate based on natural gas prices, production proceeds, and administrative expenses.
- The Trust's ability to pay distributions is directly impacted by commodity price volatility, especially natural gas prices.
- Low natural gas prices may lead to reduced proceeds, affecting the cash available for distribution to unitholders.
Investors should closely monitor natural gas price trends as they directly influence the Trust's distributions. Understanding the cash reserve strategy is crucial for assessing future payout potential.