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

Epsilon Energy Ltd. (NASDAQ:EPSN) declared 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) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, June 15th.

Epsilon Energy Stock Down 0.7%

Shares of NASDAQ:EPSN opened at $5.62 on Friday. The company has a fifty day moving average of $6.06 and a 200-day moving average of $5.38. The company has a market capitalization of $170.01 million, a PE ratio of -15.19 and a beta of -0.18. 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 has a 52-week low of $4.20 and a 52-week high of $8.50.

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

Epsilon Energy announced that its board has authorized a share buyback plan on Thursday, February 26th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

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.