Epsilon Energy (NASDAQ:EPSN) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Epsilon Energy (NASDAQ:EPSN) announced its quarterly earnings data on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01), Zacks reports. The firm had revenue of $8.94 million during the quarter, compared to the consensus estimate of $7.20 million. Epsilon Energy had a net margin of 16.97% and a return on equity of 5.31%. During the same quarter in the prior year, the firm posted $0.31 earnings per share.

Epsilon Energy Stock Performance

EPSN stock traded down $0.15 during midday trading on Thursday, reaching $7.10. 138,662 shares of the company’s stock traded hands, compared to its average volume of 43,635. The firm has a market capitalization of $155.18 million, a PE ratio of 28.40 and a beta of 0.33. The company has a 50-day moving average price of $6.46 and a two-hundred day moving average price of $6.02. Epsilon Energy has a 52 week low of $4.95 and a 52 week high of $7.32.

Epsilon Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 13th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend is Thursday, March 13th. Epsilon Energy’s dividend payout ratio (DPR) is presently 100.00%.

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.