Epsilon Energy Ltd. Declares Quarterly Dividend of $0.06 (NASDAQ:EPSN)

Epsilon Energy Ltd. (NASDAQ:EPSN) declared a quarterly dividend on Tuesday, March 3rd. Investors of record on Friday, March 13th will be given a dividend of 0.0625 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, March 13th.

Epsilon Energy Trading Down 0.6%

Shares of NASDAQ EPSN opened at $5.29 on Wednesday. Epsilon Energy has a 12-month low of $4.20 and a 12-month high of $8.50. The firm has a market capitalization of $158.12 million, a price-to-earnings ratio of 19.59 and a beta of -0.07. The firm has a 50 day moving average of $4.73 and a 200 day moving average of $4.95.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Epsilon Energy in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $8.40.

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.