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

Epsilon Energy Ltd. (NASDAQ:EPSN) declared a quarterly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.0625 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Monday, June 15th.

Epsilon Energy Price Performance

EPSN opened at $5.83 on Tuesday. The stock has a 50-day moving average price of $6.12 and a 200-day moving average price of $5.31. Epsilon Energy has a 12-month low of $4.20 and a 12-month high of $8.50. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $176.35 million, a P/E ratio of -15.76 and a beta of -0.15.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Epsilon Energy from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.