Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Epsilon Energy Ltd. (T:EPS)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: 16945 Northchase Dr.,, Suite 1610
HOUSTON TX 77060
Tel: N/A
Website: www.epsilonenergyltd.com
IR: See website
Key People
John V. Lovoi
Chairman of the Board
Michael Patrick Raleigh
Chief Executive Officer, Director
B. Lane Bond
Chief Financial Officer
Henry Clanton
Chief Operating Officer
   
Business Overview
Epsilon Energy Ltd. is an on-shore focused independent oil and gas company engaged in the acquisition, development, gathering and production of oil and gas reserves. The Company operates through its three segments: Upstream, Gathering System and Canada. The Upstream segment's activities include acquisition, exploration, development and production of oil and natural gas reserves on properties within the United States. Its Gathering System segment partners with two other companies to operate a natural gas gathering system. Its Canada segment activities include its corporate and governance functions. The Company's operations are focused in Pennsylvania and Oklahoma. The Company's subsidiaries include Epsilon Energy USA Inc; Epsilon Midstream, LLC; Epsilon Operating, LLC; Dewey Energy GP LLC, and Dewey Energy Holdings LLC.
Financial Overview
For the three months ended 31 March 2020, Epsilon Energy Ltd revenues decreased 19% to $6.4M. Net income decreased 77% to $310K. Revenues reflect Upstream segment decrease of 25% to $4.1M, United States segment decrease of 25% to $4.1M. Net income also reflects Depreciation/Amortization increase of 32% to $2.4M (expense), Stock based compensation expense increase of 30% to $174K (expense).
Employees: 8 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $64.81M as of Mar 31, 2020
Annual revenue (TTM): $25.17M as of Mar 31, 2020
EBITDA (TTM): $12.85M as of Mar 31, 2020
Net annual income (TTM): $7.63M as of Mar 31, 2020
Free cash flow (TTM): $1.50M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 26,302,956 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization