STOCK TITAN

Epsilon Energy Ltd. - $EPSN STOCK NEWS

Welcome to our dedicated page for Epsilon Energy Ltd. news (Ticker: $EPSN), a resource for investors and traders seeking the latest updates and insights on Epsilon Energy Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Epsilon Energy Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Epsilon Energy Ltd.'s position in the market.

Rhea-AI Summary
Epsilon Energy announced the schedule for its first quarter 2024 earnings release and conference call. The earnings release will be on May 8, 2024, followed by a conference call on May 9, 2024. The company invites interested parties to join the call to discuss its financial and operating results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
-
Rhea-AI Summary
Epsilon Energy reported financial results for Q4 and full-year 2023, highlighting 9.0 Bcfe total production, with oil production up by 103% and natural gas down by 12%. Revenues decreased by 56% to $30.7 million, with $18.8 million in Adjusted EBITDA and $2.7 million in Free Cash Flow. The Company returned $11.7 million to shareholders in 2023, with a strong focus on diversification, shareholder returns, and maintaining financial flexibility. Despite challenges in the natural gas market, Epsilon remains optimistic about 2024, expecting significant increases in liquids production and continued development in the Permian basin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
-
Rhea-AI Summary
Epsilon Energy Ltd. declares a dividend of $0.0625 per common share and announces the timing of its 2023 year-end earnings release and conference call. The dividend is payable on March 29, 2024, to stockholders of record as of March 15, 2024. The earnings release is scheduled for March 20, 2024, with a conference call on March 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
Rhea-AI Summary
Epsilon Energy Ltd. (EPSN) has closed an additional investment in Ector County, Texas to boost crude oil production. The company acquired a 25% working interest in 3 producing wells and 3,246 gross undeveloped acres. This move adds to their existing assets in the Permian Basin and is expected to enhance production and cash flows. The total consideration paid for the transaction is $15 million, with plans to drill additional wells in the first half of 2024. Epsilon's CEO, Jason Stabell, expressed excitement about the acquisition, highlighting the positive impact on production mix and cash flows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
-
Rhea-AI Summary
Epsilon Energy Ltd. (EPSN) declares a dividend of $0.0625 per share of common stock, with two recently completed wells in Ector County, Texas, producing approximately 71,000 BOE combined, exceeding pre-drill estimates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
dividends
-
Rhea-AI Summary
Epsilon Energy Ltd. (EPSN) reported a 14% decrease in NRI production, a 5% decrease in realized average price, and a 3% decrease in total revenues for Q3 2023. Adjusted EBITDA was $3.9 million and cash, cash equivalents, and short term investments totaled $31.9 million. The company returned $4.0 million to shareholders during the quarter, including $2.6 million through share repurchase and $1.4 million through dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.05%
Tags
Rhea-AI Summary
Epsilon Energy Ltd. will release its Q3 2023 earnings on November 9, 2023, and host a conference call on November 10, 2023, to discuss its financial and operating results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
-
Rhea-AI Summary
Epsilon Energy declares dividend of $0.0625 per share, announces drilling plans in Pennsylvania and Texas
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
dividends
-
News
Rhea-AI Summary
Epsilon Energy Ltd. announced that all nominees listed in its Proxy Statement were elected as directors of the company. The detailed results of the vote show high percentages of support for each nominee. Shareholders also approved the re-appointment of BDO USA, LLP as auditors, executive compensation for 2022, and a one-year voting frequency for the non-binding advisory vote on executive compensation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.36%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.34%
Tags
Epsilon Energy Ltd.

Nasdaq:EPSN

EPSN Rankings

EPSN Stock Data

117.28M
15.97M
3.32%
63.29%
0.88%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About EPSN

north american exploration and production company focused in the marcellus shale and canadian bakken.