Epsilon Energy Ltd. (EPSN)
Nasdaq · Crude Petroleum & Natural Gas · Mining · CIK 1726126 · fiscal year ends in Dec
Closing price $6.47 on 30 Oct 2026; 52-week range $4.25 to $6.49.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $67.7M
- Revenue growth
- 53.7%
- Net income, last twelve months
- -$3.5M
- Operating margin
- 1.0%
- Net margin
- -5.2%
- Return on equity
- -2.7%
- Market value
- $195.7M
- Cash
- $11.2M
- Debt
- $40.5M
- Debt to equity
- 0.31
- Shares outstanding
- 30.2M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $51.6M | -$10.5M | -$5.8M | -$0.25 | – | 10-K filed 27 Mar 2026 |
| FY2024 | 31 Dec 2024 | $31.5M | $3.4M | $1.9M | $0.09 | – | 10-K filed 19 Mar 2025 |
| FY2023 | 31 Dec 2023 | $30.7M | $5.4M | $6.9M | $0.31 | – | 10-K filed 21 Mar 2024 |
| FY2022 | 31 Dec 2022 | $70.0M | $47.0M | $35.4M | $1.51 | – | 10-K filed 24 Mar 2023 |
| FY2021 | 31 Dec 2021 | $42.4M | $20.6M | $11.6M | $0.49 | – | 10-K filed 24 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $18.3M | $7.1M | $0.23 |
| Q1 FY2026 | 31 Mar 2026 | $25.6M | $729.4K | $0.02 |
| Q4 FY2025 | 31 Dec 2025 | $14.8M | -$12.4M | -$0.55 |
| Q3 FY2025 | 30 Sep 2025 | $9.0M | $1.1M | $0.05 |
| Q2 FY2025 | 30 Jun 2025 | $11.6M | $1.6M | $0.07 |
| Q1 FY2025 | 31 Mar 2025 | $16.2M | $4.0M | $0.18 |
| Q4 FY2024 | 31 Dec 2024 | $8.9M | -$760.8K | -$0.04 |
| Q3 FY2024 | 30 Sep 2024 | $7.3M | $366.0K | $0.02 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Gas, oil, NGL and condensate revenue | $44.9M | 87.0% |
| Gathering and Compression fees | $6.7M | 13.0% |
Company events
The newest 8-K filings of 30 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 18 Aug 2026 | 8-K | Investor update | 7.01, 9.01 |
| 13 Aug 2026 | 8-K | Investor update | 7.01, 9.01 |
| 18 Jun 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 1 Jun 2026 | 8-K | Investor update | 7.01, 9.01 |
| 20 May 2026 | 8-K | Shareholder vote | 5.07 |
| 20 Nov 2025 | 8-K | Share sale, Investor update | 3.02, 7.01, 9.01 |
| 14 Nov 2025 | 8-K | Deal completed, Leadership change, Material agreement, Share sale, Shareholder vote, Investor update | 1.01, 2.01, 3.02, 5.02, 5.07, 7.01, 9.01 |
| 14 Oct 2025 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 13 Aug 2025 | 8-K | Results, Leadership change, Material agreement, Share sale, Investor update | 1.01, 2.02, 3.02, 5.02, 7.01, 9.01 |
| 22 May 2025 | 8-K | Shareholder vote | 5.07 |
| 13 Feb 2025 | 8-K | Investor update | 7.01, 9.01 |
| 28 Oct 2024 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
Every filing
The newest filings with the SEC of 123 held.
| Filed | Form | Period |
|---|---|---|
| 18 Aug 2026 | 8-K | 17 Aug 2026 |
| 13 Aug 2026 | 8-K | 13 Aug 2026 |
| 12 Aug 2026 | 10-Q | 30 Jun 2026 |
| 18 Jun 2026 | 8-K | 18 Jun 2026 |
| 1 Jun 2026 | 8-K | 1 Jun 2026 |
| 20 May 2026 | 8-K | 20 May 2026 |
| 13 May 2026 | 10-Q | 31 Mar 2026 |
| 17 Apr 2026 | DEF 14A | 20 May 2026 |
| 27 Mar 2026 | 10-K | 31 Dec 2025 |
| 22 Jan 2026 | EFFECT | – |
| 22 Jan 2026 | EFFECT | – |
| 20 Jan 2026 | CORRESP | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 21 Sep 2026 | Stabell Jason, Chief Executive Officer | Purchase | 13,467 | $5.93 | $79.9K | 642,456 | 21 Sep 2026 |
| 18 Sep 2026 | Stabell Jason, Chief Executive Officer | Purchase | 1,430 | $5.90 | $8.4K | 628,989 | 21 Sep 2026 |
| 16 Sep 2026 | Stabell Jason, Chief Executive Officer | Purchase | 8,207 | $5.88 | $48.3K | 627,559 | 21 Sep 2026 |
| 24 Aug 2026 | Stabell Jason, Chief Executive Officer | Purchase | 21,413 | $5.63 | $120.5K | 619,352 | 25 Aug 2026 |
| 21 Aug 2026 | Stabell Jason, Chief Executive Officer | Purchase | 4,900 | $5.56 | $27.2K | 597,939 | 25 Aug 2026 |
| 24 Jun 2026 | Stabell Jason, Chief Executive Officer | Purchase | 200 | $5.26 | $1.1K | 571,239 | 25 Jun 2026 |
| 24 Jun 2026 | Stabell Jason, Chief Executive Officer | Purchase | 21,800 | $5.27 | $114.9K | 593,039 | 25 Jun 2026 |
| 22 Jun 2026 | Stabell Jason, Chief Executive Officer | Purchase | 9,400 | $5.31 | $49.9K | 552,439 | 25 Jun 2026 |
| 22 Jun 2026 | Stabell Jason, Chief Executive Officer | Purchase | 18,600 | $5.34 | $99.3K | 571,039 | 25 Jun 2026 |
| 31 Mar 2026 | Stabell Jason, Chief Executive Officer | Purchase | 2,000 | $6.17 | $12.3K | 543,039 | 31 Mar 2026 |
| 30 Mar 2026 | Stabell Jason, Chief Executive Officer | Purchase | 12,000 | $6.22 | $74.6K | 518,765 | 31 Mar 2026 |
| 27 Mar 2026 | Stabell Jason, Chief Executive Officer | Purchase | 6,000 | $6.20 | $37.2K | 541,039 | 31 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 14 Sep 2026 | JACK E. VAUGHN, Board member | 2,586 | $16.4K | 14 Sep 2026 |
| 29 May 2026 | VAUGHN CAPITAL LLC, Affiliate | 2,148 | $12.2K | 29 May 2026 |
| 28 May 2026 | JACK E. VAUGHN, Board member | 12,300 | $71.9K | 28 May 2026 |
| 30 Mar 2026 | Williamson Andrew, Officer | 11,500 | $72.2K | 30 Mar 2026 |
| 27 Mar 2026 | Maddox Nicola L, Director | 4,170 | $25.9K | 27 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 May 2026 | AZVALOR ASSET MANAGEMENT SGIIC SA | 13G | 100% | 3.0M |
| 17 Feb 2026 | Solas Capital Management, LLC | 13G amended | 11.9% | 3.5M |
| 30 Jan 2026 | The Vanguard Group | 13G amended | 4.87% | 1.1M |
| 25 Nov 2025 | Yorktown Energy Partners XI, L.P. | 13D | 9.57% | 2.9M |
| 25 Nov 2025 | Yorktown Energy Partners X, L.P. | 13D | 8.86% | 2.7M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 1.6M | -3.52% | 17.1 |
| 30 Sep 2026 | 1.7M | -10.62% | 11.55 |
| 15 Sep 2026 | 1.9M | +28.95% | 14.32 |
| 31 Aug 2026 | 1.5M | +2.18% | 7.79 |
| 14 Aug 2026 | 1.5M | +5.36% | 10.32 |
| 31 Jul 2026 | 1.4M | +7.47% | 10.25 |
| 15 Jul 2026 | 1.3M | +1.71% | 8.58 |
| 30 Jun 2026 | 1.3M | -10.22% | 5.2 |
Funds that hold it
From each fund's latest Form 13F.
114 funds held it at 30 Jun 2026: 60 added and 22 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Solas Capital Management, LLC | 3,470,761 | $18.8M | 0 |
| Yorktown Energy Partners XI, L.P. | 2,869,560 | $15.5M | 0 |
| Yorktown Energy Partners X, L.P. | 2,656,705 | $14.4M | 0 |
| Yorktown Energy Partners Ix, L.P. | 1,181,124 | $6.4M | 0 |
| BlackRock, Inc. | 1,014,064 | $5.5M | -15,695 |
| Vanguard Capital Management LLC | 942,166 | $5.1M | -9,329 |
| Ballast Asset Management, LP | 806,322 | $4.4M | -8,000 |
| Dimensional Fund Advisors LP | 743,139 | $4.0M | -70,111 |
| Geode Capital Management, LLC | 576,513 | $3.1M | +11,734 |
| Punch & Associates Investment Management, Inc. | 506,880 | $2.7M | +30,000 |
Peers
Companies in the same industry.
- Shell plc (SHEL): revenue $266.9B, market value $309.3B
- TotalEnergies SE (TTE): revenue $201.2B, market value $210.4B
- Petróleo Brasileiro S.A. (Petrobras) (PBR): revenue $89.2B, market value $142.2B
- Canadian Natural Resources Limited (CNQ): revenue $27.8B, market value $116.8B
- Eni S.p.A. (E): revenue $92.9B, market value $89.9B
- EOG Resources Inc. (EOG): revenue $27.0B, market value $86.9B
- Occidental Petroleum Corp. (OXY): revenue –, market value $64.0B
- Diamondback Energy, Inc. (FANG): revenue $17.1B, market value $59.5B
- Devon Energy Corp. (DVN): revenue $19.7B, market value $57.4B
- Woodside Energy Group Ltd. (WDS): revenue $13.0B, market value $44.8B