Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Acquires $33,768.00 in Stock

Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Jason Stabell acquired 6,300 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was acquired at an average cost of $5.36 per share, with a total value of $33,768.00. Following the completion of the acquisition, the chief executive officer now owns 367,500 shares in the company, valued at approximately $1,969,800. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jason Stabell also recently made the following trade(s):

• On Wednesday, May 22nd, Jason Stabell purchased 14,708 shares of Epsilon Energy stock. The stock was purchased at an average cost of $5.35 per share, with a total value of $78,687.80.
• On Tuesday, March 26th, Jason Stabell purchased 18,500 shares of Epsilon Energy stock. The stock was purchased at an average cost of $5.25 per share, with a total value of $97,125.00.

Epsilon Energy Stock Performance

Epsilon Energy stock opened at $5.43 on Friday. The firm’s fifty day moving average price is $5.37 and its 200-day moving average price is $5.18. The stock has a market cap of $119.03 million, a P/E ratio of 23.61 and a beta of 0.38. Epsilon Energy Ltd. has a fifty-two week low of $4.70 and a fifty-two week high of $6.35.

Epsilon Energy (NASDAQ:EPSN) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $8.56 million for the quarter. Epsilon Energy had a net margin of 16.77% and a return on equity of 4.89%.

Epsilon Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.063 per share. This represents a $0.25 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Thursday, March 14th. Epsilon Energy’s dividend payout ratio (DPR) is currently 108.70%.

Institutional Trading of Epsilon Energy

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Epsilon Energy by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 958,204 shares of the company’s stock valued at $5,265,000 after buying an additional 2,537 shares in the last quarter. Empowered Funds LLC raised its position in Epsilon Energy by 8.1% in the 1st quarter. Empowered Funds LLC now owns 76,203 shares of the company’s stock worth $419,000 after purchasing an additional 5,742 shares during the period. International Assets Investment Management LLC raised its position in Epsilon Energy by 47.3% in the 1st quarter. International Assets Investment Management LLC now owns 37,705 shares of the company’s stock worth $207,000 after purchasing an additional 12,110 shares during the period. Mcintyre Freedman & Flynn Investment Advisers Inc. raised its position in Epsilon Energy by 1.8% in the 4th quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 114,400 shares of the company’s stock worth $581,000 after purchasing an additional 2,000 shares during the period. Finally, Adage Capital Partners GP L.L.C. raised its position in Epsilon Energy by 4.6% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 1,046,640 shares of the company’s stock worth $5,526,000 after purchasing an additional 46,150 shares during the period. Hedge funds and other institutional investors own 60.33% of the company’s stock.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a 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.