Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Buys $97,125.00 in Stock

Epsilon Energy Ltd. (NASDAQ:EPSN) CEO Jason Stabell acquired 18,500 shares of Epsilon Energy stock in a transaction dated Tuesday, March 26th. The stock was purchased at an average price of $5.25 per share, with a total value of $97,125.00. Following the completion of the purchase, the chief executive officer now directly owns 343,234 shares of the company’s stock, valued at approximately $1,801,978.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

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

Epsilon Energy Trading Up 4.1 %

Shares of EPSN stock opened at $5.50 on Friday. Epsilon Energy Ltd. has a 1 year low of $4.70 and a 1 year high of $6.35. The firm’s fifty day simple moving average is $5.01 and its 200 day simple moving average is $5.17. The firm has a market capitalization of $120.40 million, a P/E ratio of 17.73 and a beta of 0.36.

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

Epsilon Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.063 per share. This represents a $0.25 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date of this dividend was Thursday, March 14th. Epsilon Energy’s dividend payout ratio (DPR) is currently 80.65%.

Hedge Funds Weigh In On Epsilon Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC increased its holdings in Epsilon Energy by 69.4% in the 1st quarter. Acadian Asset Management LLC now owns 67,336 shares of the company’s stock valued at $433,000 after buying an additional 27,576 shares during the period. Dimensional Fund Advisors LP increased its holdings in Epsilon Energy by 4.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 185,069 shares of the company’s stock valued at $1,194,000 after buying an additional 8,277 shares during the period. Vanguard Group Inc. increased its holdings in Epsilon Energy by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 714,048 shares of the company’s stock valued at $4,605,000 after buying an additional 74,550 shares during the period. Renaissance Technologies LLC increased its holdings in Epsilon Energy by 43.2% in the 1st quarter. Renaissance Technologies LLC now owns 130,489 shares of the company’s stock valued at $842,000 after buying an additional 39,389 shares during the period. Finally, State Street Corp increased its holdings in Epsilon Energy by 9.3% in the 1st quarter. State Street Corp now owns 71,380 shares of the company’s stock valued at $460,000 after buying an additional 6,080 shares during the period. Institutional investors own 60.33% of the company’s stock.

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 Anadarko Basin in Oklahoma.