ECA Marcellus Trust I filed its Form 10-Q for the quarterly period ended September 30, 2026, disclosing royalty income, distributable income per unit, and trust corpus figures for the three and nine months ended on that date.

Key Highlights

  • Q3 2026 royalty income: $623,000, compared with $661,621 in Q3 2025, according to the filing.
  • Nine-month royalty income: $3,203,082 for the nine months ended September 30, 2026, up from $2,818,783 in the same period of 2025.
  • Distributable income per unit: $0.021 for Q3 2026 and $0.112 for the nine months ended September 30, 2026, based on 17,605,000 units outstanding.
  • Trust corpus: $12,176,583 as of September 30, 2026, down from $12,679,411 at December 31, 2025.
  • Total assets: $12,540,750 as of September 30, 2026, compared with $13,321,836 at December 31, 2025.
  • Cash reserves withheld: $90,000 by the Trustee for Q3 2026, with interest withheld of $27,073, the filing states.
  • No impairment: The filing reported no impairment of royalty interest in gas properties for the three or nine months ended September 30, 2026.

ECA Marcellus Trust I: Q3 2026 Royalty Income and Distribution Details

ECA Marcellus Trust I, a Delaware statutory trust holding royalty interests in natural gas wells in Greene County, Pennsylvania, reported royalty income of $623,000 for the three months ended September 30, 2026, according to the filing. This compares with $661,621 in the same quarter of 2025. After deducting general and administrative expenses of $171,518, adding interest income of $29,758, and withholding cash reserves of $90,000 and related interest of $27,073, the Trust reported distributable income available to unitholders of $364,167 for Q3 2026, or $0.021 per unit.

For the nine months ended September 30, 2026, the Trust reported royalty income of $3,203,082, up from $2,818,783 in the comparable prior-year period. General and administrative expenses for the nine-month period totaled $981,455, and interest income was $96,064. After cash reserves of $270,000 and related interest of $78,565 were withheld, distributable income available to unitholders for the nine months was $1,969,126, or $0.112 per unit, compared with $1,602,328, or $0.091 per unit, in the nine months ended September 30, 2025.

As of September 30, 2026, the Trust held cash of $3,638,565 and royalty income receivable of $623,000. The net royalty interest in gas properties stood at $8,279,185, reflecting accumulated amortization of $343,820,815 against a gross royalty interest of $352,100,000. Distributions payable to unitholders at September 30, 2026 were $364,167. The filing states that 17,605,000 common units of beneficial interest were outstanding as of November 13, 2026. The Trust's wells are operated by Greylock Production, LLC, a subsidiary of Greylock Energy, LLC, which acquired substantially all of Legacy ECA's assets in November 2017.

What Was Disclosed

ECA Marcellus Trust I disclosed its unaudited financial statements for Q3 2026 and the nine months ended September 30, 2026, covering royalty income, distributable income, per-unit distributions, trust corpus, total assets, and accumulated amortization of royalty interests in gas properties.