Epsilon Energy Ltd. Announces Quarterly Dividend of $0.06 (NASDAQ:EPSN)

Epsilon Energy Ltd. (NASDAQ:EPSN) announced a quarterly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0625 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Epsilon Energy Trading Up 0.5%

NASDAQ:EPSN traded up $0.03 on Friday, reaching $6.34. 98,923 shares of the stock traded hands, compared to its average volume of 164,195. Epsilon Energy has a 1-year low of $4.20 and a 1-year high of $6.65. The company’s 50 day moving average is $5.74 and its 200-day moving average is $5.79. The firm has a market capitalization of $191.98 million, a price-to-earnings ratio of -30.19 and a beta of -0.19. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.31.

Epsilon Energy (NASDAQ:EPSN) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.03) EPS for the quarter. Epsilon Energy had a positive return on equity of 5.56% and a negative net margin of 3.77%.The company had revenue of $18.26 million for the quarter.

Institutional Trading of Epsilon Energy

Several institutional investors have recently added to or reduced their stakes in EPSN. Solas Capital Management LLC bought a new position in Epsilon Energy during the second quarter valued at $18,777,000. Yorktown Energy Partners XI L.P. bought a new stake in Epsilon Energy during the 4th quarter valued at about $12,897,000. Yorktown Energy Partners X L.P. purchased a new position in Epsilon Energy during the 4th quarter worth $12,327,000. Yorktown Energy Partners IX L.P. bought a new position in shares of Epsilon Energy during the fourth quarter valued at approximately $5,480,000. Finally, BlackRock Inc. purchased a new position in shares of Epsilon Energy in the 2nd quarter valued at $5,486,000. 60.33% of the stock is currently owned by hedge funds and other institutional investors.

Epsilon Energy Company Profile

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.