Logo

EPSN

Epsilon Energy Ltd.

EPSN

Epsilon Energy Ltd. • NASDAQ
$4.81 ▲ 1.05% (+0.05)
Market Cap $106.14 M
52w High $8.50
52w Low $4.36
Dividend Yield 0.25%
P/E 17.81
Volume 76.85K
Outstanding Shares 22.07M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $8.981M ▼ $2.037M ▼ $1.072M ▼ 11.939% ▼ $0.05 ▼ $4.231M ▼
Q2-2025 $11.625M ▼ $4.518M ▲ $1.551M ▼ 13.346% ▼ $0.07 ▼ $6.611M ▼
Q1-2025 $16.163M ▲ $2.211M ▼ $4.016M ▲ 24.847% ▲ $0.18 ▲ $9.174M ▲
Q4-2024 $8.94M ▲ $2.952M ▲ $-760.777K ▼ -8.51% ▼ $-0.035 ▼ $3.02M ▼
Q3-2024 $7.288M $1.759M $366.021K 5.022% $0.017 $3.486M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $12.766M ▲ $126.293M ▲ $26.075M ▲ $100.218M ▲
Q2-2025 $9.908M ▲ $123.614M ▼ $23.423M ▼ $100.19M ▲
Q1-2025 $6.893M ▲ $125.505M ▲ $25.801M ▲ $99.704M ▲
Q4-2024 $6.52M ▼ $120.455M ▼ $23.727M ▲ $96.728M ▼
Q3-2024 $8.305M $121.797M $23.438M $98.359M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.072M ▼ $3.966M ▼ $313.755K ▲ $-1.379M ▼ $2.859M ▼ $4.007M ▼
Q2-2025 $1.551M ▼ $8.348M ▼ $-3.882M ▲ $-1.376M ▼ $3.015M ▲ $4.721M ▲
Q1-2025 $4.016M ▲ $8.583M ▲ $-6.784M ▼ $-1.376M ▼ $372.942K ▲ $942.809K ▲
Q4-2024 $-760.777K ▼ $4.712M ▲ $-5.328M ▼ $-1.244M ▲ $-1.785M ▼ $691K ▲
Q3-2024 $366.021K $2.81M $-1.558M $-2.002M $-706.513K $260.813K

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Gas Gathering And Compression
Gas Gathering And Compression
 $0 ▲$0 ▲$0 ▲$0 ▲
Natural Gas
Natural Gas
 $0 ▲$10.00M ▲$10.00M ▲$0 ▼
Oil and Condensate
Oil and Condensate
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Epsilon’s income statement shows a modest, profitable business that had a strong year in the recent past, followed by a clear cooling-off. Revenue and profit peaked a couple of years ago when energy prices were more favorable and have since stepped down to a lower, more normal level. Margins are still reasonable for a small energy producer, but earnings per share have fallen sharply from the peak, reflecting tougher pricing, some cost pressure, and likely more spending to support growth. Overall, the company looks disciplined and generally profitable, but investors should recognize that results are quite sensitive to energy prices and can swing meaningfully from year to year.

Balance Sheet

Balance Sheet The balance sheet is a key strength. Epsilon operates with no debt and a solid equity base, which is unusual for many energy producers that often rely heavily on borrowing. Cash levels have moved down from prior highs but remain adequate relative to the size of the business, suggesting the company is spending on assets while still preserving financial flexibility. Asset levels are fairly stable, indicating a steady underlying asset base rather than aggressive, highly leveraged expansion. This conservative financial posture gives the company room to handle commodity downturns and to pursue selective opportunities without stressing the balance sheet.

Cash Flow

Cash Flow Cash flow from operations has been consistently positive, which supports the idea that the core business is sound and can fund a meaningful portion of its own investment needs. The recent pattern, however, shows higher capital spending, which has turned free cash flow slightly negative in the latest period. That shift suggests the company is leaning into growth and development projects rather than maximizing near‑term cash surplus. This can be healthy if the investments pay off through higher production and better margins later, but it does reduce near‑term financial cushion and makes execution on those projects more important.

Competitive Edge

Competitive Edge Epsilon is a small, focused player in a very competitive and commodity‑driven industry. Its key competitive advantages are financial discipline, a debt‑free balance sheet, and a portfolio of attractive, onshore North American assets. The mix of upstream production and midstream infrastructure, such as its interest in the Auburn Gas Gathering system, provides some diversification and a more stable revenue stream than pure exploration and production alone. That said, the company’s modest size limits its bargaining power and scale advantages versus larger peers, and it remains heavily exposed to swings in oil and gas prices and to regional conditions in its core basins.

Innovation and R&D

Innovation and R&D Epsilon is not an innovation leader in the sense of developing new extraction technologies, but it has been innovative in how it allocates capital and shapes its portfolio. The recent acquisition in the Powder River Basin is a strategic move that shifts the company toward more oil‑weighted, higher‑margin production and gives it more operated control and a deeper inventory of drilling locations. Its “innovation” is mainly about applying established techniques efficiently, choosing assets carefully, and integrating acquisitions well. The main watch points going forward are how effectively it develops the new properties, whether it can maintain its financial discipline during this expansion phase, and how well it manages commodity risk through its hedging and portfolio decisions.

Summary

Epsilon Energy presents as a small but disciplined energy producer with a conservative balance sheet and a history of positive earnings, albeit with clear ups and downs tied to the commodity cycle. Profitability is well below its recent peak, reflecting a more challenging environment and increased spending, but the business still generates solid operating cash flow. The decision to invest more heavily and complete a transformational, oil‑weighted acquisition signals a shift from a purely defensive posture to a more growth‑oriented strategy. The main strengths are its lack of debt, focus on efficient operations, and diversified asset base that includes some midstream exposure. The main risks are its small scale, dependence on energy prices, and the execution challenge of integrating and developing newly acquired assets while keeping its hallmark financial discipline intact.

NEWS

November 26, 2025 · 4:05 PM UTC

Epsilon Energy Ltd. Announces Quarterly Dividend

Read more

November 20, 2025 · 4:05 PM UTC

Epsilon Announces the Issuance of Contingent Shares as Consideration for the Acquisition of Peak BLM Lease LLC

Read more

November 14, 2025 · 4:05 PM UTC

Epsilon Announces the Closing of the Acquisitions of the Peak Companies With Assets in the Powder River Basin

Read more

October 23, 2025 · 4:05 PM UTC

Epsilon Energy Ltd. Schedules Third Quarter 2025 Earnings Release and Conference Call

Read more

October 13, 2025 · 1:30 PM UTC

Epsilon Announces New and Revised Senior Secured Reserve-Based Revolving Credit Facility

Read more