EPSN Earnings Prediction
The chart below shows how EPSN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EPSN sees a +1.51% change in stock price 10 days leading up to the earnings, and a +5.57% change 10 days following the report. On the earnings day itself, the stock moves by -0.37%. This data can give you a slight idea of what to expect for the next quarter's release.
EPSN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
7.29M
15.49%
-0.27%
Gross Margin
27.43%
-36.52%
-32.27%
Operating Margin
3.91%
-66.95%
-81.38%
Net Margin
5.02%
-18.51%
-55.02%
EPS
0.02
0.00%
-50.00%
No Data Available
EPSN Earnings Analysis
Epsilon Energy Ltd. Corporation (EPSN.O) Earnings Conference Call
Positive
Oil Production Surge: 1. Quarter-over-Quarter Oil Production Growth: Epsilon Energy achieved a 19% increase in oil production quarter-over-quarter in the Permian region, driven by the successful online production of the seventh Ector well.
Permian Operations EBITDA Impact: 2. Significant Adjusted EBITDA Contribution: The Permian operations contributed approximately $8.5 million of adjusted EBITDA year-to-date, representing 70% of the total company figure, showcasing strong performance in this segment.
Joint Venture Expansion: 3. New Joint Venture in Canada: Epsilon entered into two joint ventures in Alberta, Canada, with plans to earn 25% in approximately 160,000 acres, focusing on the liquids-rich Garrington area, which is expected to enhance future production capabilities.
Deferred Wells Production Boost: 4. Increased Production from Deferred Wells: The company has commenced flowback on three deferred TIL wells, which are expected to add meaningfully to net production, currently producing approximately 8 million a day net.
Liquidity Strength: 5. Strong Liquidity Position: Epsilon maintains a robust liquidity position with $45 million in available revolver capacity, positioning the company well for future investments and operational growth.
Negative
Production Curtailments Impact Revenue: Production curtailments continued through the quarter, leading to realized prices of $1.54 per Mcf, significantly impacting revenue.
Increased Operating Costs: PA operating costs increased by approximately 40% for the quarter due to plugging and abandonment activities, straining financial performance.
Negative Gas Pricing Conditions: The company reported a negative natural gas differential of $0.65, with realized gas prices at $1.46, indicating poor pricing conditions.
Investment Activity Uncertainty: Investment activity details for Texas remain unclear, with no additional development anticipated while the strategic alternatives review process is ongoing.
Pennsylvania Drilling Stagnation: The company has not forecasted incremental drilling in Pennsylvania for 2025, indicating a potential stagnation in growth in that region.
EPSN FAQs
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EPSN Earning Call Sentiment
Epsilon Energy Ltd. (EPSN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
EPSN.O
0.61%Positive
The earnings call reveals mixed signals. Positive aspects include strong oil production growth and strategic expansion into Canada. However, there are significant concerns: increased operating costs, low wellhead prices, and unclear management responses on production curtailments. The dividend and buyback plans are positive, but the mixed performance in joint ventures and regulatory risks in Canada add uncertainty. Overall, these factors suggest a neutral sentiment with potential volatility.