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Enter Symbol:
 
Eca Marcellus Trust I (ECT) [hlAlert]

Rating:
Underperform
ECT
up 1,163.23 %

Eca Marcellus Trust I (ECT) rated Underperform with price target $15 by Robert W. Baird

Posted on: Tuesday,  Mar 13, 2012  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Underperform Eca Marcellus Trust I (NYSE: ECT) on 03/13/2012. Previously Robert W. Baird rated Underperform Eca Marcellus Trust I (NYSE:
ECT) on 11/15/2011., when the stock price was $25.77. Since then, Eca Marcellus Trust I has lost 92.08% as of 09/01/2015's recent price of $2.04.
If you would have followed the previous Robert W. Baird's recommendation on ECT, you would have gained 1163.23% of your investment in 1386 days.

ECA Marcellus Trust I (Trust) is a trust formed by Energy Corporation of America (ECA) to own royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation and located in Greene County, Pennsylvania (the Producing Wells) and royalty interests in 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation (the PUD Wells) within the Area of Mutual Interest consisted of 9,300 net acres held by ECA in Greene County, Pennsylvania. The royalty interest in the Producing Wells (the PDP Royalty Interest) allows the Trust to receive 90% of the proceeds (after deducting post-production costs and any applicable taxes) from the sale of production of natural gas attributable to ECA?s interest in the Producing Wells. The royalty interest in the PUD Wells allows the Trust to receive 50% of the proceeds from the sale of production of natural gas attributable to ECA?s interest in the PUD Wells.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2012 8:25 AM Sell
None
22.10 15.00
as of 12/31/2012
1 Week up  2.30 %
1 Month up  11.01 %
3 Months up  21.24 %
1 YTD up  40.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2012 8:25 AM Sell
None
22.54 17.00
11/15/2011 8:25 AM Sell
None
25.77 19.00
2/8/2011 8:25 AM Hold
None
29.04 30.00

(*) Stock Price at the time of the recommendation.
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