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

Epsilon Energy (NASDAQ:EPSN) is set to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Epsilon Energy (NASDAQ:EPSN) last posted its earnings results on Tuesday, August 13th. The company reported $0.04 EPS for the quarter. The firm had revenue of $7.31 million for the quarter. Epsilon Energy had a net margin of 17.59% and a return on equity of 5.31%. 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 Down 3.7 %

EPSN stock opened at $5.67 on Monday. The company has a market capitalization of $124.51 million, a P/E ratio of 22.68 and a beta of 0.40. The business has a 50 day simple moving average of $5.62 and a 200-day simple moving average of $5.46. Epsilon Energy has a twelve month low of $4.70 and a twelve month high of $6.20.

Epsilon Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a dividend of $0.063 per share. This represents a $0.25 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend was Friday, September 13th. Epsilon Energy’s dividend payout ratio is currently 100.00%.

Insiders Place Their Bets

In other Epsilon Energy news, CEO Jason Stabell bought 9,139 shares of the company’s stock in a transaction on Friday, August 16th. The shares were bought at an average price of $5.28 per share, for a total transaction of $48,253.92. Following the transaction, the chief executive officer now owns 396,339 shares of the company’s stock, valued at approximately $2,092,669.92. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 5.53% of the stock is owned by insiders.

Analyst Ratings Changes

EPSN has been the topic of a number of recent research reports. Roth Capital upgraded shares of Epsilon Energy to a “strong-buy” rating in a research note on Tuesday, October 1st. Roth Mkm started coverage on Epsilon Energy in a research report on Tuesday, October 1st. They issued a “buy” rating and a $7.00 price target on the stock.

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.