Epsilon Energy Ltd

Epsilon Energy Ltd. engages in the development and production of natural gas and oil reserves. It operates through the following business segments: Upstream, Gathering System, and Corporate. The Upstream segment includes the acquisition, development, and production of oil and natural gas reserves on properties within the United States. The Gas Gathering segment represents two other companies to operate a natural gas gathering system. The Corporate segment covers corporate and governance functions. The company was founded by Zoran Arandjelovic and John K. Wilson on March 14, 2005 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Epsilon Energy reports record profits, eyes growth and shareholder returns

Epsilon Energy Ltd's Q4 2022 earnings call highlighted exceptional financial performance, operational achievements, and strategic plans for the future. With a debt-free balance sheet, strong reserves, and a focus on shareholder value, the company is well-positioned for growth and success in the coming year.

Epsilon Energy Ltd reports solid Q1 performance and strategic investments

Epsilon Energy Ltd's Q1 2023 call showcased a focus on strategic investments for immediate cash flow and future growth. The company's commitment to diversification and shareholder returns underpins their optimistic outlook for the future.

Epsilon Energy reports progress amidst pricing challenges, focuses on growth

Epsilon Energy navigated pricing challenges, focusing on diversification and shareholder value. Despite no free cash flow, the company made strategic investments and repurchases. Proactive strategies in place to address natural gas pricing uncertainties and drive growth.

Epsilon Energy delivers strong Q3 results, eyes growth opportunities ahead

Epsilon Energy's Q3 performance reflects a balanced approach to operational excellence, financial stability, and shareholder value creation.
The company's strengths in prudent financial management, operational resilience, and strategic investments bode well for future growth prospects.
While challenges such as cost management and market uncertainties persist, Epsilon Energy is well-positioned to leverage opportunities in expanding its resource base and enhancing operational efficiency.

Epsilon Energy transitions successfully, eyes growth in Permian Basin

Epsilon Energy's Q4 2023 Earnings Call highlighted a successful transition year with a focus on operational performance and shareholder returns. The company's strategic expansion into the Permian Basin positions it for significant contributions in 2024, supported by successful initial wells and planned drilling activities.

Epsilon Energy anticipates cash flow uplift in 2025 amid challenges

Epsilon Energy's call outlined a mix of positive performance, challenges, and opportunities. The company aims for improved cash flow in 2025 despite near-term flat expectations. Negotiations for a new gas gathering agreement signal strategic moves.

Epsilon Energy reports strong Q2 performance, eyes growth opportunities

Epsilon Energy's Q2 2024 performance was robust with strengths in Permian assets.
Challenges in Pennsylvania offset by optimism for future natural gas prices.
Opportunities lie in growth catalysts for 2025 and strategic capital deployment.
Overall, Epsilon is well-positioned for growth and operational progress.

Epsilon Energy reports strong Q3 performance with growth opportunities

Epsilon Energy reported strong oil production growth in Permian but faced challenges in Pennsylvania, highlighting the need for strategic adjustments.
The company's entry into Alberta and focus on operational excellence position it for volume and cash flow growth in 2025.
Despite challenges in Pennsylvania, Epsilon Energy remains committed to maximizing operational efficiency and profitability through ongoing investments.
With a strong liquidity position and strategic expansion plans, Epsilon Energy is poised for growth and operational optimization in the coming year.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Epsilon Energy Ltd. engages in the business of acquiring, developing, gathering, and producing natural gas and oil reserves. It operates through the following segments: Upstream, Gathering System, and Corporate. The Upstream segment includes the acquisition, exploration, development, and production of oil and natural gas reserves on properties within the United States. The Gathering System segment focuses on partnering with two other companies to operate a natural gas gathering system. The Corporate segment is involved in corporate and governance functions. The company was founded by Zoran Arandjelovic and John K. Wilson on March 14, 2005 and is headquartered in Houston, TX.

HOUSTON, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on December 16, 2024, payable on December 31, 2024.

Epsilon Energy Ltd. Announces Quarterly Dividend

Epsilon Energy Ltd. (NASDAQ:EPSN ) Q3 2024 Results Conference Call November 7, 2024 3:00 PM ET Company Participants Andrew Williamson - Chief Financial Officer Jason Stabell - Chief Executive Officer Henry Clanton - Chief Operating Officer Conference Call Participants John White - ROTH Capital Operator Good afternoon, and welcome to the Epsilon Energy Third Quarter 2024 Earnings Conference Call.

Epsilon Energy Ltd. (EPSN) Q3 2024 Earnings Call Transcript

HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported third quarter 2024 financial and operating results.

Epsilon Reports Third Quarter 2024 Results

HOUSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the signing of definitive agreements to form a joint venture in the Garrington and Harmattan areas of Alberta, Canada, in the Western Canadian Sedimentary Basin.

Epsilon Announces Entry Into the Province of Alberta Through Two Joint Ventures

Berry Petroleum Corp.

Cactus

Weak refining is hurting the Zacks Oil & Gas US Integrated industry's outlook. WHD, BRY, & EPSN are likely to overcome market challenges.

3 Integrated Energy Stocks to Watch as Industry Faces Uncertainty

HOUSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its third quarter 2024 earnings release on Wednesday, November 06, 2024 after the market close and host a conference call to discuss its financial and operating results on Thursday, November 7, 2024 at 2:00 p.m. Central Time (3:00 p.m. Eastern Time).

Epsilon Energy Ltd. Schedules Third Quarter 2024 Earnings Release and Conference Call

ConocoPhillips

Occidental Petroleum

Amid rising oil prices, companies like COP, OXY and EPSN are set to benefit from favorable market conditions.

3 Stocks Set to Gain From Oil Price Surge Amid Middle East Tensions

Epsilon's stock has risen over 15% since May, driven by a bullish technical setup and insider buying, suggesting further upside potential. The company's zero-debt balance sheet and valuable Marcellus assets position it well for a natural gas price rebound. Epsilon's diversification into the Permian Basin is yielding strong production and revenue growth, bolstering overall financial health.

Epsilon Energy: Permian Strength Giving The Marcellus Plenty Of Time To Prove Itself

Epsilon Energy Ltd. (NASDAQ:EPSN ) Q2 2024 Earnings Conference Call August 14, 2024 10:30 AM ET Company Participants Andrew Williamson - CFO Jason Stabell - CEO Henry Clanton - Chief Operating Officer Conference Call Participants Operator Good day, and welcome to the Epsilon Energy Second Quarter 2024 Earnings Conference Call.

Epsilon Energy Ltd. (EPSN) Q2 2024 Earnings Call Transcript

Epsilon's (EPSN) earnings in Q2 gain from higher oil production volumes and an increase in realized oil prices.

Epsilon (EPSN) Earnings and Revenues Increase Y/Y in Q2

HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its second quarter 2024 earnings release on Tuesday, August 13, 2024 after the market close and host a conference call to discuss its financial and operating results on Wednesday, August 14, 2024 at 9:30 a.m. Central Time (10:30 a.m. Eastern Time).

Epsilon Energy Ltd. Schedules Second Quarter 2024 Earnings Release and Conference Call

Epsilon Energy is long-term debt free. Epsilon Energy has a large cash balance and short-term investment balance. The company's main asset is dry gas production in the Marcellus, with potential for growth in the second half of the fiscal year.

Epsilon Energy: The Transition To More Oil Production Continues

HOUSTON, June 25, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the results of a borrowing base redetermination on the Company's senior secured reserve-based revolving credit facility (the “Credit Facility”) with Frost Bank (the “Lender”).

Epsilon Announces an Increased Borrowing Base and Permian Operations Update

Discover why Zacks rates Epsilon as "Underperform," being the first on Wall Street to initiate coverage on the stock. Discover how production delays, capital expenditure strains and hedging limitations impact Epsilon's revenue streams and growth prospects.

Zacks Initiates Coverage of Epsilon With Underperform Recommendation

HOUSTON, May 16, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) is pleased to announce that all the nominees listed in its Proxy Statement, Schedule 14A dated on April 11, 2024 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote at the annual shareholders meeting held on Wednesday, May 15, 2024 are set out below.

Epsilon Announces 2024 AGM Results

Epsilon Energy's stock has gained approximately 2% since June 2023 and almost 7% since December 2023. Technical analysis suggests that Epsilon's shares will continue to trade higher, with limited downside risk. Epsilon's asset count continues to grow, and the company's successful business model has resulted in strong insider buying.

Epsilon Energy: Green Shoots Ahead As Price Of Nat Gas Heads Northward (Technical Analysis)

Epsilon Energy Ltd. (NASDAQ:EPSN ) Q1 2024 Results Conference Call May 9, 2024 10:30 AM ET Company Participants Andrew Williamson - CFO Jason Stabell - CEO Henry Clanton - Chief Operating Officer Operator Good day, and welcome to the Epsilon Energy First Quarter 2024 Earnings Conference Call.

Epsilon Energy Ltd. (EPSN) Q1 2024 Earnings Call Transcript

HOUSTON, May 08, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported first quarter 2024 financial and operating results.

Epsilon Reports First Quarter 2024 Results

HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that it will issue its first quarter 2024 earnings release on Wednesday, May 8, 2024 after the market close and host a conference call to discuss its financial and operating results on Thursday, May 9, 2024 at 9:30 a.m. Central Time (10:30 a.m. Eastern Time).

Epsilon Energy Ltd. Schedules First Quarter 2024 Earnings Release and Conference Call

Epsilon Energy Ltd. (EPSN) Q4 2023 Earnings Call Transcript

HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported its financial results for the fourth quarter and full-year ended December 31, 2023.

Epsilon Energy Ltd. Announces Full Year 2023 Results

HOUSTON, March 01, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on March 15th 2024, payable on March 29th 2024. All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.

Epsilon Energy Ltd. Announces the Following Headlines

Epsilon Energy has partnerships with "name" companies that produce cash flow and grow, setting it apart from other small companies in the industry. The company's original business is in the Marcellus, with Chesapeake Energy operating the acreage. Epsilon Energy has a debt-free balance sheet and a large cash balance, allowing for flexibility in participating in wells.

Epsilon Energy: Small Company With Big Partners

HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on December 15th 2023, payable on December 29th 2023. All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.

Epsilon Energy Ltd. Announces Quarterly Dividend and Provides Operational Update

Epsilon Energy Ltd. (NASDAQ:EPSN ) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Andrew Williamson - CFO Jason Stabell - CEO Henry Clanton - Chief Operating Officer Conference Call Participants Operator Good morning, and welcome to the Epsilon Energy Third Quarter 2023 Earnings Conference Call.

News for Epsilon Energy Ltd Stock (EPSN)