Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
CanadaIPO:
15 November 2007Website:
http://www.epsilonenergyltd.comNext earnings report:
09 August 2024Last dividends:
14 June 2024Next dividends:
N/APrice
regular market | Wed, 03 Jul 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
EPSN Latest News
Epsilon Energy is long-term debt free. Epsilon Energy has a large cash balance and short-term investment balance. The company's main asset is dry gas production in the Marcellus, with potential for growth in the second half of the fiscal year.
HOUSTON, June 25, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the results of a borrowing base redetermination on the Company's senior secured reserve-based revolving credit facility (the “Credit Facility”) with Frost Bank (the “Lender”).
Discover why Zacks rates Epsilon as "Underperform," being the first on Wall Street to initiate coverage on the stock. Discover how production delays, capital expenditure strains and hedging limitations impact Epsilon's revenue streams and growth prospects.
Epsilon Energy Ltd. (NASDAQ: EPSN) will release its first quarter 2024 earnings on May 8, 2024 after the market closes, followed by a conference call on May 9, 2024 at 9:30 a.m. CT (10:30 a.m. ET).
Epsilon Energy Ltd. (NASDAQ:EPSN ) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Andrew Williamson - CFO Jason Stabell - CEO Henry Clanton - Chief Operating Officer Conference Call Participants Operator Good morning, and welcome to the Epsilon Energy Third Quarter 2023 Earnings Conference Call.
HOUSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its third quarter 2023 earnings release on Thursday, November 9, 2023 after the market close and host a conference call to discuss its financial and operating results on Friday, November 10, 2023 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time).
Epsilon Energy Ltd. (NASDAQ:EPSN ) Q2 2023 Earnings Conference Call August 11, 2023 11:00 AM ET Company Participants Andrew Williamson - Chief Financial Officer Jason Stabell - Chief Executive Officer Henry Clanton - Chief Operating Officer Conference Call Participants Tom McIntyre - MFS Operator Good morning, and welcome to the Epsilon Energy Second Quarter 2023 Earnings Conference Call.
HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its second quarter 2023 earnings release on Thursday, August 10, 2023 after the market close and host a conference call to discuss its financial and operating results on Friday, August 11, 2023 at 10:00 a.m. Central Time (11: 00 a.m. Eastern Time).
Epsilon Energy's mid-stream assets made up 28% of its top-line quarterly take in Q1 2023, up from 12% in 2022, demonstrating its efforts to diversify and reduce volatility in its financials. The company has a strong balance sheet with no debt and nearly $50 million in cash and short-term investments. Despite falling natural gas prices, Epsilon reported $4.4 million in operating profit in Q1 2023 and an adjusted return on capital annualized percentage of 25%.
Shares of natural gas concern Epsilon Energy Ltd. have fallen 25% since the first day of December 2022 as the price of its underlying commodity has crashed ~70% since. Owing to its low overhead (nine employees), the company can achieve profitability with natural gas prices in the low $2 area.
What type of business is Epsilon Energy?
Epsilon Energy Ltd., a natural gas and oil company, engages in the acquisition, development, gathering, and production of oil and gas reserves in the United States. It operates through Upstream and Gathering System segments. The Company has natural gas production in the Marcellus in Pennsylvania; and oil, natural gas liquids (NGL), and natural gas production in the Anadarko Basin in Oklahoma. As of December 31, 2021, it had total estimated net proved reserves of 110,969 million cubic feet of natural gas reserves, 819,726 barrels of NGL, and 305,052 barrels of oil and other liquids. Epsilon Energy Ltd. was incorporated in 2005 and is based in Houston, Texas.
What sector is Epsilon Energy in?
Epsilon Energy is in the Energy sector
What industry is Epsilon Energy in?
Epsilon Energy is in the Oil & Gas Equipment & Services industry
What country is Epsilon Energy from?
Epsilon Energy is headquartered in Canada
When did Epsilon Energy go public?
Epsilon Energy initial public offering (IPO) was on 15 November 2007
What is Epsilon Energy website?
https://www.epsilonenergyltd.com
Is Epsilon Energy in the S&P 500?
No, Epsilon Energy is not included in the S&P 500 index
Is Epsilon Energy in the NASDAQ 100?
No, Epsilon Energy is not included in the NASDAQ 100 index
Is Epsilon Energy in the Dow Jones?
No, Epsilon Energy is not included in the Dow Jones index
When does Epsilon Energy report earnings?
The next expected earnings date for Epsilon Energy is 09 August 2024