Epsilon Energy Ltd. (NASDAQ:EPSN) Declares $0.06 Quarterly Dividend

Epsilon Energy Ltd. (NASDAQ:EPSN) declared a quarterly dividend on Friday, February 28th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.0625 per share on Monday, March 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Thursday, March 13th.

Epsilon Energy Price Performance

Shares of Epsilon Energy stock traded up $0.38 during midday trading on Friday, hitting $6.60. 42,562 shares of the company were exchanged, compared to its average volume of 36,835. The firm has a 50 day simple moving average of $6.26 and a 200-day simple moving average of $5.87. The firm has a market cap of $144.26 million, a P/E ratio of 26.40 and a beta of 0.37. Epsilon Energy has a 52 week low of $4.90 and a 52 week high of $6.75.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a North American onshore independent 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 Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.