Epsilon Energy (EPSN) Scheduled to Release Quarterly Earnings on Wednesday

Epsilon Energy (NASDAQ:EPSN) will post 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 interested in registering for the company’s conference call can do so using this link.

Epsilon Energy (NASDAQ:EPSN) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.04 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 Trading Up 4.9 %

Shares of NASDAQ:EPSN opened at $5.95 on Tuesday. The stock has a 50 day moving average of $5.63 and a 200 day moving average of $5.47. The company has a market cap of $130.66 million, a PE ratio of 23.80 and a beta of 0.40. Epsilon Energy has a 12-month low of $4.70 and a 12-month high of $6.20.

Epsilon Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were given a $0.063 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.24%. Epsilon Energy’s payout ratio is currently 100.00%.

Insiders Place Their Bets

In related news, CEO Jason Stabell bought 9,139 shares of the stock in a transaction dated Friday, August 16th. The shares were purchased at an average price of $5.28 per share, with a total value of $48,253.92. Following the completion of the acquisition, the chief executive officer now owns 396,339 shares of the company’s stock, valued at $2,092,669.92. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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