Epsilon Energy (NASDAQ:EPSN) Trading 1.5% Higher – Should You Buy?

Epsilon Energy Ltd. (NASDAQ:EPSN)’s share price traded up 1.5% during trading on Thursday . The stock traded as high as $6.11 and last traded at $6.00. 163,623 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 242,449 shares. The stock had previously closed at $5.91.

Analyst Ratings Changes

Separately, Weiss Ratings cut Epsilon Energy from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Epsilon Energy Price Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market capitalization of $181.50 million, a PE ratio of -28.57 and a beta of -0.17. The firm has a fifty day simple moving average of $5.72 and a 200 day simple moving average of $5.09.

Epsilon Energy (NASDAQ:EPSN) last announced its earnings results on Tuesday, March 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.17. The business had revenue of $14.82 million for the quarter, compared to analysts’ expectations of $11.36 million. Epsilon Energy had a positive return on equity of 11.52% and a negative net margin of 9.39%.

Epsilon Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a dividend of $0.0625 per share. The ex-dividend date was Friday, March 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.2%. Epsilon Energy’s dividend payout ratio (DPR) is -119.05%.

Epsilon Energy announced that its board has approved a share buyback plan on Thursday, February 26th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Epsilon Energy

Several institutional investors have recently bought and sold shares of the company. Navellier & Associates Inc. boosted its holdings in shares of Epsilon Energy by 4.4% during the 3rd quarter. Navellier & Associates Inc. now owns 51,286 shares of the company’s stock worth $258,000 after purchasing an additional 2,166 shares during the last quarter. NewEdge Advisors LLC raised its position in Epsilon Energy by 18.1% in the fourth quarter. NewEdge Advisors LLC now owns 14,456 shares of the company’s stock valued at $67,000 after purchasing an additional 2,214 shares during the period. Mcintyre Freedman & Flynn Investment Advisers Inc. raised its position in Epsilon Energy by 1.9% in the fourth quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 135,900 shares of the company’s stock valued at $631,000 after purchasing an additional 2,500 shares during the period. Captrust Financial Advisors raised its position in Epsilon Energy by 20.8% in the fourth quarter. Captrust Financial Advisors now owns 15,146 shares of the company’s stock valued at $70,000 after purchasing an additional 2,607 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Epsilon Energy by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 794,062 shares of the company’s stock worth $3,685,000 after acquiring an additional 3,047 shares during the period. 60.33% of the stock is currently owned by institutional investors and hedge funds.

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.