Epsilon Energy Ltd. (NASDAQ:EPSN) Shares Acquired by Meixler Investment Management Ltd.

Meixler Investment Management Ltd. raised its holdings in shares of Epsilon Energy Ltd. (NASDAQ:EPSN) by 22.6% in the 4th quarter, HoldingsChannel reports. The fund owned 28,580 shares of the company’s stock after buying an additional 5,275 shares during the quarter. Meixler Investment Management Ltd.’s holdings in Epsilon Energy were worth $177,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in EPSN. Barclays PLC acquired a new position in shares of Epsilon Energy during the 3rd quarter worth about $54,000. Empowered Funds LLC boosted its position in shares of Epsilon Energy by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 86,251 shares of the company’s stock worth $505,000 after acquiring an additional 4,288 shares in the last quarter. De Lisle Partners LLP boosted its position in shares of Epsilon Energy by 14.3% in the 3rd quarter. De Lisle Partners LLP now owns 146,411 shares of the company’s stock valued at $856,000 after purchasing an additional 18,317 shares during the period. Geode Capital Management LLC boosted its position in shares of Epsilon Energy by 11.2% in the 3rd quarter. Geode Capital Management LLC now owns 243,147 shares of the company’s stock valued at $1,425,000 after purchasing an additional 24,437 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of Epsilon Energy by 696.4% in the 3rd quarter. International Assets Investment Management LLC now owns 288,341 shares of the company’s stock valued at $1,690,000 after purchasing an additional 252,136 shares during the period. 60.33% of the stock is owned by institutional investors and hedge funds.

Epsilon Energy Stock Up 4.3 %

Shares of NASDAQ EPSN opened at $6.34 on Friday. The stock has a market cap of $138.57 million, a PE ratio of 25.36 and a beta of 0.37. Epsilon Energy Ltd. has a 52-week low of $4.90 and a 52-week high of $6.75. The business has a 50-day moving average price of $6.18 and a 200 day moving average price of $5.81.

Epsilon Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.0625 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.94%. 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.