Epsilon Energy (NASDAQ:EPSN) Releases Earnings Results

Key Points

• Epsilon Energy reported quarterly EPS of negative $0.03, alongside an 8.03% return on equity and a negative 13.33% net margin.
• The company maintains a quarterly dividend of $0.0625 per share, equivalent to $0.25 annually and a 4.2% yield.
• Investor sentiment is weak: Weiss Ratings downgraded the stock to “sell,” and MarketBeat lists a consensus “Sell” rating, despite institutional investors owning 60.33% of shares.

Epsilon Energy (NASDAQ:EPSN - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.03) earnings per share (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 Stock Performance

Shares of NASDAQ EPSN traded up $0.03 during mid-day trading on Wednesday, reaching $5.94. 113,881 shares of the company were exchanged, compared to its average volume of 193,474. The stock has a market capitalization of $179.68 million, a P/E 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 company's 50-day simple moving average is $5.54 and its 200-day simple moving average is $5.62. Epsilon Energy has a twelve month low of $4.20 and a twelve month high of $6.65.

Epsilon Energy Announces Dividend

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Epsilon Energy

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in Epsilon Energy by 179.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,394 shares of the company's stock valued at $32,000 after purchasing an additional 4,109 shares during the period. Osaic Holdings Inc. increased its position in Epsilon Energy by 1,014.3% during the 2nd quarter. Osaic Holdings Inc. now owns 7,800 shares of the company's stock worth $58,000 after buying an additional 7,100 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Epsilon Energy by 23,847.4% during the second quarter. JPMorgan Chase & Co. now owns 9,100 shares of the company's stock worth $67,000 after buying an additional 9,062 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Epsilon Energy in the second quarter valued at about $78,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Epsilon Energy in the first quarter valued at about $77,000. Institutional investors own 60.33% of the company's stock.

About Epsilon Energy

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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