Epsilon Energy (NASDAQ:EPSN) Issues Earnings Results

Epsilon Energy (NASDAQ:EPSNGet Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.03) EPS for the quarter, Zacks reports. Epsilon Energy had a positive return on equity of 8.03% and a negative net margin of 13.33%.

Epsilon Energy Price Performance

Shares of EPSN stock traded up $0.03 on Wednesday, reaching $5.94. The company had a trading volume of 113,881 shares, compared to its average volume of 193,474. The stock has a market capitalization of $179.68 million, a PE ratio of -16.05 and a beta of -0.20. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.37. The business’s 50-day moving average is $5.54 and its 200 day moving average is $5.62. Epsilon Energy has a one year low of $4.20 and a one year high of $6.65.

Epsilon Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.2%. Epsilon Energy’s dividend payout ratio is -67.57%.

Hedge Funds Weigh In On Epsilon Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in EPSN. Yorktown Energy Partners XI L.P. acquired a new stake in Epsilon Energy in the fourth quarter valued at approximately $12,897,000. Yorktown Energy Partners X L.P. acquired a new position in shares of Epsilon Energy during the fourth quarter worth $12,327,000. Yorktown Energy Partners IX L.P. acquired a new position in shares of Epsilon Energy during the fourth quarter worth $5,480,000. Dimensional Fund Advisors LP lifted its stake in shares of Epsilon Energy by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 794,062 shares of the company’s stock valued at $3,685,000 after acquiring an additional 3,047 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Epsilon Energy by 95.3% in the 2nd quarter. Geode Capital Management LLC now owns 486,684 shares of the company’s stock valued at $3,592,000 after acquiring an additional 237,507 shares during the last quarter. Institutional investors own 60.33% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded Epsilon Energy from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Epsilon Energy presently has a consensus rating of “Sell”.

Get Our Latest Stock Report on Epsilon Energy

About Epsilon Energy

(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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