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

Epsilon Energy (NASDAQ:EPSN) released its quarterly earnings results on Wednesday. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01), Zacks reports. Epsilon Energy had a net margin of 16.97% and a return on equity of 5.31%.

Epsilon Energy Stock Up 0.6 %

EPSN stock traded up $0.04 during midday trading on Wednesday, hitting $7.25. The company’s stock had a trading volume of 76,378 shares, compared to its average volume of 39,517. The firm has a market capitalization of $158.46 million, a price-to-earnings ratio of 29.00 and a beta of 0.33. Epsilon Energy has a 12 month low of $4.92 and a 12 month high of $7.43. The company has a 50 day moving average of $6.44 and a two-hundred day moving average of $6.01.

Epsilon Energy Dividend Announcement

The company also recently announced 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 3.45%. The ex-dividend date is Thursday, March 13th. Epsilon Energy’s dividend payout ratio is 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.