Epsilon Energy (EPSN) to Release Quarterly Earnings on Wednesday

Epsilon Energy (NASDAQ:EPSN) will be posting its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Epsilon Energy to post earnings of $0.04 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Epsilon Energy (NASDAQ:EPSN) last released its quarterly earnings results on Tuesday, August 13th. The company reported $0.04 earnings per share (EPS) for the quarter. Epsilon Energy had a return on equity of 5.31% and a net margin of 17.59%. The business had revenue of $7.31 million during the quarter. On average, analysts expect Epsilon Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Epsilon Energy Stock Down 3.7 %

Epsilon Energy stock opened at $5.67 on Monday. The firm’s 50-day simple moving average is $5.62 and its 200 day simple moving average is $5.46. Epsilon Energy has a 52 week low of $4.70 and a 52 week high of $6.20. The firm has a market capitalization of $124.51 million, a PE ratio of 22.68 and a beta of 0.40.

Epsilon Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were given a $0.063 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.25 annualized dividend and a dividend yield of 4.44%. Epsilon Energy’s dividend payout ratio is presently 100.00%.

Insider Buying and Selling at Epsilon Energy

In other Epsilon Energy news, CEO Jason Stabell acquired 9,139 shares of the stock in a transaction dated Friday, August 16th. The stock was acquired at an average price of $5.28 per share, with a total value of $48,253.92. Following the completion of the transaction, the chief executive officer now directly owns 396,339 shares in the company, valued at approximately $2,092,669.92. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 5.53% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on EPSN shares. Roth Capital upgraded Epsilon Energy to a “strong-buy” rating in a report on Tuesday, October 1st. Roth Mkm initiated coverage on shares of Epsilon Energy in a report on Tuesday, October 1st. They issued a “buy” rating and a $7.00 target price on the stock.

About Epsilon Energy

Epsilon Energy Ltd., a North American onshore independent natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.