Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Purchases $78,687.80 in Stock

Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Jason Stabell acquired 14,708 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were bought at an average cost of $5.35 per share, with a total value of $78,687.80. Following the completion of the acquisition, the chief executive officer now directly owns 382,208 shares in the company, valued at approximately $2,044,812.80. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Jason Stabell also recently made the following trade(s):

• On Monday, May 20th, Jason Stabell acquired 6,300 shares of Epsilon Energy stock. The shares were bought at an average cost of $5.36 per share, with a total value of $33,768.00.
• On Tuesday, March 26th, Jason Stabell acquired 18,500 shares of Epsilon Energy stock. The shares were bought at an average cost of $5.25 per share, with a total value of $97,125.00.

Epsilon Energy Stock Performance

Shares of EPSN opened at $5.43 on Friday. The stock has a 50 day moving average price of $5.37 and a two-hundred day moving average price of $5.18. The firm has a market capitalization of $119.03 million, a P/E ratio of 23.61 and a beta of 0.38. Epsilon Energy Ltd. has a 52 week low of $4.70 and a 52 week high of $6.35.

Epsilon Energy (NASDAQ:EPSN) last announced its earnings results on Wednesday, March 20th. The company reported $0.12 earnings per share for the quarter. Epsilon Energy had a return on equity of 4.89% and a net margin of 16.77%. The firm had revenue of $8.56 million for the quarter.

Epsilon Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.063 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.64%. Epsilon Energy’s payout ratio is presently 108.70%.

Hedge Funds Weigh In On Epsilon Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Adage Capital Partners GP L.L.C. boosted its stake in shares of Epsilon Energy by 4.6% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 1,046,640 shares of the company’s stock worth $5,526,000 after buying an additional 46,150 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Epsilon Energy by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 958,204 shares of the company’s stock worth $5,265,000 after buying an additional 2,537 shares during the last quarter. Ballast Asset Management LP purchased a new position in shares of Epsilon Energy in the 3rd quarter worth approximately $1,287,000. International Assets Investment Management LLC boosted its stake in shares of Epsilon Energy by 622.4% in the 4th quarter. International Assets Investment Management LLC now owns 130,023 shares of the company’s stock worth $6,610,000 after buying an additional 112,023 shares during the last quarter. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its stake in shares of Epsilon Energy by 1.8% in the 4th quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 114,400 shares of the company’s stock worth $581,000 after buying an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 60.33% of the company’s stock.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a 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.