Epsilon Energy (NASDAQ:EPSN) Releases Quarterly Earnings Results

Epsilon Energy (NASDAQ:EPSNGet Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.02 EPS for the quarter, FiscalAI reports. Epsilon Energy had a negative net margin of 9.39% and a positive return on equity of 11.52%. The company had revenue of $25.60 million during the quarter.

Epsilon Energy Stock Down 0.6%

NASDAQ EPSN traded down $0.04 during trading hours on Wednesday, reaching $6.15. 117,422 shares of the company’s stock were exchanged, compared to its average volume of 186,746. The company’s 50-day moving average is $6.00 and its two-hundred day moving average is $5.20. Epsilon Energy has a one year low of $4.20 and a one year high of $8.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market capitalization of $186.04 million, a price-to-earnings ratio of -29.29 and a beta of -0.15.

Epsilon Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a dividend of $0.0625 per share. The ex-dividend date was Friday, March 13th. This represents a $0.25 dividend on an annualized basis and a yield of 4.1%. Epsilon Energy’s payout ratio is currently -119.05%.

Institutional Investors Weigh In On Epsilon Energy

Large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its position in shares of Epsilon Energy by 179.8% during the third quarter. BNP Paribas Financial Markets now owns 6,394 shares of the company’s stock worth $32,000 after acquiring an additional 4,109 shares in the last quarter. Claro Advisors Inc. bought a new stake in shares of Epsilon Energy during the fourth quarter worth $53,000. Osaic Holdings Inc. increased its position in shares of Epsilon Energy by 1,014.3% during the second quarter. Osaic Holdings Inc. now owns 7,800 shares of the company’s stock worth $58,000 after acquiring an additional 7,100 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Epsilon Energy during the fourth quarter worth $59,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Epsilon Energy during the third quarter worth $62,000. Institutional investors own 60.33% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Epsilon Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Get Our Latest Stock Report on Epsilon Energy

Epsilon Energy declared that its board has authorized a stock buyback plan on Thursday, February 26th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Epsilon Energy Company Profile

(Get Free Report)

Epsilon Energy (NASDAQ: EPSN) is an independent exploration and production company specializing in the acquisition, development and production of unconventional and conventional oil and natural gas properties. Originally founded as Brewster Energy in 2002 and rebranded to Epsilon Energy in 2011, the company pursues a disciplined approach to resource development, leveraging its technical expertise to optimize well performance and manage operational costs.

The company’s core asset base is concentrated in the Appalachian Basin, where it holds acreage in key shale formations across Pennsylvania, West Virginia and Ohio.

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Earnings History for Epsilon Energy (NASDAQ:EPSN)

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