John Lovoi Sells 13,585 Shares of Epsilon Energy Ltd. (NASDAQ:EPSN) Stock

Epsilon Energy Ltd. (NASDAQ:EPSN – Get Rating) Director John Lovoi sold 13,585 shares of Epsilon Energy stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of $7.81, for a total value of $106,098.85. Following the transaction, the director now owns 1,803,083 shares in the company, valued at approximately $14,082,078.23. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

EPSN traded up $0.05 on Tuesday, hitting $6.97. The company had a trading volume of 91,899 shares, compared to its average volume of 92,572. The firm has a market cap of $165.70 million, a P/E ratio of 11.41 and a beta of 0.20. Epsilon Energy Ltd. has a 1 year low of $3.92 and a 1 year high of $7.99. The company’s fifty day moving average price is $6.72 and its 200 day moving average price is $5.98.

Epsilon Energy (NASDAQ:EPSN – Get Rating) last issued its quarterly earnings data on Wednesday, March 23rd. The company reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $13.80 million for the quarter. Epsilon Energy had a net margin of 30.93% and a return on equity of 19.31%.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Tuesday, March 8th were issued a $0.063 dividend. The ex-dividend date of this dividend was Monday, March 7th. This represents a $0.25 annualized dividend and a yield of 3.62%. Epsilon Energy’s dividend payout ratio (DPR) is currently 40.98%.

Institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp increased its stake in Epsilon Energy by 9.3% during the first quarter. State Street Corp now owns 71,380 shares of the company’s stock worth $460,000 after purchasing an additional 6,080 shares during the period. Renaissance Technologies LLC increased its stake in Epsilon Energy by 43.2% during the first quarter. Renaissance Technologies LLC now owns 130,489 shares of the company’s stock worth $842,000 after purchasing an additional 39,389 shares during the period. Vanguard Group Inc. increased its stake in Epsilon Energy by 11.7% during the first quarter. Vanguard Group Inc. now owns 714,048 shares of the company’s stock worth $4,605,000 after purchasing an additional 74,550 shares during the period. Dimensional Fund Advisors LP increased its stake in Epsilon Energy by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 185,069 shares of the company’s stock worth $1,194,000 after purchasing an additional 8,277 shares during the period. Finally, Acadian Asset Management LLC increased its stake in Epsilon Energy by 69.4% during the first quarter. Acadian Asset Management LLC now owns 67,336 shares of the company’s stock worth $433,000 after purchasing an additional 27,576 shares during the period. Hedge funds and other institutional investors own 48.75% of the company’s stock.

Epsilon Energy Company Profile (Get Rating)

Epsilon Energy Ltd., a natural gas and oil company, engages in the acquisition, development, gathering, and production of oil and gas reserves in the United States. It operates through Upstream and Gathering System segments. The Company has natural gas production in the Marcellus in Pennsylvania; and oil, natural gas liquids (NGL), and natural gas production in the Anadarko Basin in Oklahoma.

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