Epsilon Energy (NASDAQ:EPSN) CFO Andrew Williamson Acquires 12,500 Shares

Key Points

• Epsilon Energy CFO Andrew Williamson purchased 12,500 shares at an average price of $4.94, increasing his total holdings to 72,500 shares, a rise of 20.83% in his position.
• The company declared a quarterly dividend of $0.0625 per share, yielding 5.0%, with a payout ratio of 104.17%.
• Epsilon Energy's stock performance saw a recent increase to $5.05, with a market capitalization of $111.40 million despite reporting a miss on EPS estimates.

Epsilon Energy Ltd. (NASDAQ:EPSN - Get Free Report) CFO Andrew Williamson bought 12,500 shares of the stock in a transaction on Tuesday, September 30th. The stock was acquired at an average price of $4.94 per share, with a total value of $61,750.00. Following the completion of the acquisition, the chief financial officer owned 72,500 shares of the company's stock, valued at $358,150. This represents a 20.83% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Andrew Williamson also recently made the following trade(s):

• On Monday, August 18th, Andrew Williamson acquired 10,000 shares of Epsilon Energy stock. The stock was purchased at an average cost of $5.64 per share, with a total value of $56,400.00.

Epsilon Energy Stock Performance

Epsilon Energy stock traded up $0.17 during mid-day trading on Thursday, reaching $5.05. The stock had a trading volume of 339,347 shares, compared to its average volume of 121,560. Epsilon Energy Ltd. has a fifty-two week low of $4.72 and a fifty-two week high of $8.50. The stock's 50-day simple moving average is $5.75 and its 200-day simple moving average is $6.64. The firm has a market capitalization of $111.40 million, a PE ratio of 21.13 and a beta of 0.05.

Epsilon Energy (NASDAQ:EPSN - Get Free Report) last announced its earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). The company had revenue of $11.63 million for the quarter, compared to analysts' expectations of $10.50 million. Epsilon Energy had a net margin of 11.75% and a return on equity of 6.71%. On average, research analysts forecast that Epsilon Energy Ltd. will post 0.2 earnings per share for the current fiscal year.

Epsilon Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, September 15th. Epsilon Energy's dividend payout ratio (DPR) is 104.17%.

Institutional Trading of Epsilon Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its stake in shares of Epsilon Energy by 1,014.3% during the 2nd quarter. Osaic Holdings Inc. now owns 7,800 shares of the company's stock valued at $58,000 after purchasing an additional 7,100 shares during the period. Bridgeway Capital Management LLC grew its position in Epsilon Energy by 2.4% during the second quarter. Bridgeway Capital Management LLC now owns 423,122 shares of the company's stock worth $3,123,000 after buying an additional 9,716 shares in the last quarter. Bank of America Corp DE grew its position in Epsilon Energy by 7,200.9% during the second quarter. Bank of America Corp DE now owns 16,792 shares of the company's stock worth $124,000 after buying an additional 16,562 shares in the last quarter. PDT Partners LLC purchased a new position in Epsilon Energy during the second quarter worth about $95,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Epsilon Energy during the second quarter worth about $78,000. 60.33% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Epsilon Energy from a "buy" rating to a "hold" rating in a report on Sunday, August 17th.

Epsilon Energy Company Profile

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.

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