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

Epsilon Energy Ltd. (NASDAQ:EPSN) declared a quarterly dividend on Tuesday, August 27th, Zacks reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.063 per share on Monday, September 30th. This represents a $0.25 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend is Friday, September 13th.

Epsilon Energy Stock Performance

NASDAQ EPSN opened at $5.12 on Thursday. The stock has a market cap of $112.24 million, a PE ratio of 22.26 and a beta of 0.39. The firm has a 50-day moving average of $5.35 and a 200-day moving average of $5.33. Epsilon Energy has a 52-week low of $4.70 and a 52-week high of $5.85.

Epsilon Energy (NASDAQ:EPSN) last released its quarterly earnings results on Tuesday, August 13th. The company reported $0.04 earnings per share for the quarter. Epsilon Energy had a net margin of 17.59% and a return on equity of 5.31%. The firm had revenue of $7.31 million for the quarter.

Insider Transactions at Epsilon Energy

In other news, CEO Jason Stabell purchased 9,139 shares of Epsilon Energy stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of $5.28 per share, for a total transaction of $48,253.92. Following the purchase, the chief executive officer now directly owns 396,339 shares of the company’s stock, valued at approximately $2,092,669.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.53% of the stock is owned by corporate insiders.

About Epsilon Energy

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.