Epsilon Energy Ltd. (EPSN) To Go Ex-Dividend on June 15th

Epsilon Energy Ltd. (NASDAQ:EPSN) announced a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0625 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, June 15th.

Epsilon Energy Price Performance

Shares of EPSN stock opened at $5.81 on Wednesday. The firm has a market cap of $175.75 million, a P/E ratio of -15.70 and a beta of -0.18. Epsilon Energy has a fifty-two week low of $4.20 and a fifty-two week high of $8.50. The business’s 50 day moving average price is $6.12 and its 200-day moving average price is $5.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.08 and a current ratio of 1.08.

Epsilon Energy (NASDAQ:EPSN) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.17. The firm had revenue of $14.82 million for the quarter, compared to analyst estimates of $11.36 million. Epsilon Energy had a positive return on equity of 8.03% and a negative net margin of 13.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in EPSN. Cubist Systematic Strategies LLC purchased a new position in shares of Epsilon Energy in the 1st quarter valued at approximately $77,000. Goldman Sachs Group Inc. purchased a new position in shares of Epsilon Energy in the 1st quarter valued at approximately $151,000. Empowered Funds LLC lifted its stake in shares of Epsilon Energy by 8.5% in the 1st quarter. Empowered Funds LLC now owns 98,009 shares of the company’s stock valued at $692,000 after purchasing an additional 7,643 shares during the period. Jane Street Group LLC lifted its stake in shares of Epsilon Energy by 346.2% in the 1st quarter. Jane Street Group LLC now owns 47,980 shares of the company’s stock valued at $339,000 after purchasing an additional 37,226 shares during the period. Finally, Acadian Asset Management LLC purchased a new position in shares of Epsilon Energy in the 1st quarter valued at approximately $311,000. Hedge funds and other 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.