Epsilon Energy (NASDAQ:EPSN) Posts Earnings Results, Misses Expectations By $0.01 EPS

Epsilon Energy (NASDAQ:EPSN) announced its quarterly earnings results on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01), Zacks reports. The company had revenue of $8.94 million during the quarter, compared to the consensus estimate of $7.20 million. Epsilon Energy had a return on equity of 5.31% and a net margin of 16.97%. During the same period last year, the business posted $0.31 EPS.

Epsilon Energy Stock Down 2.1 %

EPSN stock opened at $7.10 on Friday. The firm’s 50-day simple moving average is $6.47 and its 200 day simple moving average is $6.03. The stock has a market cap of $155.18 million, a PE ratio of 28.40 and a beta of 0.33. Epsilon Energy has a fifty-two week low of $4.95 and a fifty-two week high of $7.32.

Epsilon Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend is Thursday, March 13th. Epsilon Energy’s dividend payout ratio (DPR) is 100.00%.

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.