Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Jason Stabell Acquires 18,500 Shares

Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Jason Stabell bought 18,500 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was purchased at an average price of $5.25 per share, for a total transaction of $97,125.00. Following the completion of the acquisition, the chief executive officer now directly owns 343,234 shares in the company, valued at $1,801,978.50. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Tuesday, January 30th, Jason Stabell bought 245,200 shares of Epsilon Energy stock. The stock was purchased at an average price of $4.82 per share, for a total transaction of $1,181,864.00.

Epsilon Energy Stock Performance

Shares of EPSN stock opened at $5.50 on Friday. The firm’s 50 day moving average price is $5.00 and its 200-day moving average price is $5.17. Epsilon Energy Ltd. has a one year low of $4.70 and a one year high of $6.35. The firm has a market cap of $120.40 million, a P/E ratio of 17.73 and a beta of 0.36.

Epsilon Energy (NASDAQ:EPSN) last issued its quarterly earnings data on Wednesday, March 20th. The company reported $0.12 EPS for the quarter. Epsilon Energy had a net margin of 22.60% and a return on equity of 6.81%. The firm had revenue of $8.56 million for the quarter.

Epsilon Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be issued a $0.063 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.25 annualized dividend and a dividend yield of 4.59%. Epsilon Energy’s dividend payout ratio is currently 80.65%.

Hedge Funds Weigh In On Epsilon Energy

Several large investors have recently made changes to their positions in the stock. Acadian Asset Management LLC lifted its holdings in Epsilon Energy by 69.4% during the 1st quarter. Acadian Asset Management LLC now owns 67,336 shares of the company’s stock worth $433,000 after buying an additional 27,576 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Epsilon Energy by 4.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 185,069 shares of the company’s stock worth $1,194,000 after buying an additional 8,277 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Epsilon Energy by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 714,048 shares of the company’s stock worth $4,605,000 after buying an additional 74,550 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Epsilon Energy by 43.2% during the 1st quarter. Renaissance Technologies LLC now owns 130,489 shares of the company’s stock worth $842,000 after buying an additional 39,389 shares in the last quarter. Finally, State Street Corp lifted its holdings in Epsilon Energy by 9.3% during the 1st quarter. State Street Corp now owns 71,380 shares of the company’s stock worth $460,000 after buying an additional 6,080 shares in the last quarter. 60.33% of the stock is currently owned by institutional investors and hedge funds.

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 Anadarko Basin in Oklahoma.