New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 13, 2013
16:30 EDTECT, NGTECA offers to exchange ECA Marcellus units for Eastern American units
Energy Corporation of America disclosed earlier that it is offering to exchange up to 4.12M common units of ECA Marcellus Trust I (ECT), for up to 3.19M outstanding depositary units of Eastern American Natural Gas Trust (NGT). ECA is offering a number of ECT common units valued at $22.55 for each NGT depositary unit tendered in the offer. Such consideration represents a 7.6% premium to the anticipated cash value that each NGT depositary unitholder choosing not to tender would receive upon the termination of NGT.
News For NGT;ECT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 1, 2015
10:05 EDTECTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:12 EDTECTECA Marcellus downgraded to Underperform from Market Perform at Raymond James
Raymond James downgraded ECA Marcellus to Underperform following a reduction in its natural gas commodity price deck and expects distributions to remain depressed for the next six quarters.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use