Epsilon Energy ( (EPSN) ) just unveiled an announcement.
Epsilon Energy Ltd. reported its financial results for 2024, highlighting a challenging year due to low natural gas prices, which led to production curtailments. Despite these challenges, the company increased its oil and NGL production, diversified its asset base, and maintained shareholder returns through dividends and share repurchases. Epsilon’s strategic investments in Texas and a new joint venture in Alberta position it for growth in 2025, with expectations of increased production and cash flows. The company ended the year with strong liquidity, enabling continued drilling activities and opportunistic deals.
More about Epsilon Energy
Epsilon Energy Ltd. operates in the energy sector, focusing on the production of natural gas, oil, and natural gas liquids (NGLs). The company is involved in midstream operations and has significant investments in Texas and Pennsylvania, with a growing presence in Alberta, Canada. Epsilon is committed to diversifying its commodity mix and expanding its asset base, particularly in the Barnett play and through joint ventures.
YTD Price Performance: 17.24%
Average Trading Volume: 38,805
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $157.6M
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