Epsilon Energy Ltd. (EPSN)
NASDAQ:EPSN
Earnings Data
Report Date
May 07, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.2Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive outlook: the company reported substantial adjusted EBITDA (+75%) and production growth (+54%), meaningful reserve additions (PDP +69%, total proved +86%), a strategic acquisition that added high-return inventory, clear multi-year development plans, and active portfolio optimization (dividends, buyback, asset sales, debt paydown). Key near-term catalysts include strong realized gas pricing events and unhedged incremental oil volumes. Offsetting these positives are acquisition transaction costs, impairments and underperformance in certain non-core areas (notably Canada and small New Mexico interests), and accounting impacts from asset dispositions. On balance, the operational momentum, attractive project economics at current forward oil curves, and active capital allocation initiatives outweigh the disclosed challenges.Company Guidance
Strong Adjusted EBITDA and Production Growth
Adjusted EBITDA increased 75% year-over-year; production grew 54% year-over-year (company also cited volumes up 65% year-over-year driven by higher gas volumes and pricing in the Marcellus).
Significant Reserve Additions
Proved developed producing (PDP) reserves grew 69%; total proved reserves increased 86%, with total company reserves reaching 156 Bcfe driven primarily by ~78 Bcfe added from the Powder River Basin acquisition.
Peak/PEEP Acquisition and Asset Growth
Closed acquisition of the Peak (PEEP) companies in Q4, adding new production, 100+ net high-rate-of-return drilling locations (Parkman, Niobrara, Mowry), largely held-by-production undeveloped acreage, and an experienced Powder River Basin operating team.
Capital Allocation and Shareholder Returns
Board declared the seventeenth consecutive quarterly dividend and renewed a share buyback program covering up to 10% of shares outstanding, signaling continued shareholder returns while targeting an average annual leverage ratio below 1.5x.
Material Near-Term Cash Flow Event from Gas Pricing
Realized extremely favorable gas pricing in Pennsylvania in late January, generating over $4,800,000 in net natural gas sales in a single week, including one day with realizations above $66 per MMBtu.
Hedge Position and Upside Exposure
Current proved developed producing (PDP) production is approximately 60% hedged for the remainder of 2026; incremental oil volumes expected from development starting in Q2 are unhedged, providing meaningful upside exposure to oil price improvements.
Clear Multi-Year Development Plans and CapEx Targets
Detailed 2026 development plan with targeted net CapEx: two Niobrara DUC completions (~$6.0M), three Parkman two-mile wells (2.8 net, ~ $22.0M), first Barnett three-mile well (~$4.0M) with additional wells planned, and five Marcellus wells (0.4 net, ~ $4.0M).
Operational and Cost Optimization Initiatives
LOE optimization program in Wyoming (downsizing gas lift compressors, reducing treating costs, optimizing power) estimated to save $50,000–$100,000 gross per month; facility builds (water supply/impoundment and recycling) planned to lower future development costs.
Balance Sheet and Portfolio Optimization Actions
Sold non-core assets and applied proceeds to debt reduction (paid down $5.0M in Q1); marketing of an overriding royalty package in the Marcellus and an office building under contract for $3.0M to increase near-term liquidity; management reported the Oklahoma sale (despite a loss) generated >8x expected cash flow in 2026 when combined with tax benefits.
Strong Project Economics at Higher Oil Prices
Type-curve sensitivities show materially improved IRRs at higher oil prices: Barnett three-mile wells increase from ~45% IRR at $65 WTI to ~60% at $70; Parkman returns range from ~45%–150% at $65 and improve substantially (e.g., Converse Parkman >200% IRR at ~$75 WTI).
EPSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EPSN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 24, 2026 | $6.20 | $6.20 | 0.00% |
Nov 05, 2025 | $4.69 | $4.53 | -3.33% |
Aug 13, 2025 | $6.25 | $5.28 | -15.45% |
May 14, 2025 | $6.53 | $6.65 | +1.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Epsilon Energy Ltd. (EPSN) report earnings?
Epsilon Energy Ltd. (EPSN) is schdueled to report earning on May 07, 2026, TBA (Confirmed).
What is Epsilon Energy Ltd. (EPSN) earnings time?
Epsilon Energy Ltd. (EPSN) earnings time is at May 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is EPSN EPS forecast?
Currently, no data Available