Epsilon's stock has risen over 15% since May, driven by a bullish technical setup and insider buying, suggesting further upside potential. The company's zero-debt balance sheet and valuable Marcellus assets position it well for a natural gas price rebound. Epsilon's diversification into the Permian Basin is yielding strong production and revenue growth, bolstering overall financial health.
Epsilon's (EPSN) earnings in Q2 gain from higher oil production volumes and an increase in realized oil prices.
Epsilon Energy is long-term debt free. Epsilon Energy has a large cash balance and short-term investment balance. The company's main asset is dry gas production in the Marcellus, with potential for growth in the second half of the fiscal year.
Discover why Zacks rates Epsilon as "Underperform," being the first on Wall Street to initiate coverage on the stock. Discover how production delays, capital expenditure strains and hedging limitations impact Epsilon's revenue streams and growth prospects.