DividendJun 1, 2026, 04:00 PM
Epsilon Energy Declares $0.0625 Dividend; Borrowing Base $90M
AI Summary
Epsilon Energy Ltd. announced a quarterly dividend of $0.0625 per share of common stock, which annualizes to $0.25 per share. This dividend is payable on June 30, 2026, to shareholders of record as of June 15, 2026. Additionally, the company's senior secured revolving credit facility's borrowing base was redetermined and increased to $90 million, with commitments also rising to $90 million. The company currently has $40.5 million outstanding on this facility.
Key Highlights
- Epsilon Energy declared a quarterly dividend of $0.0625 per common share.
- The annualized dividend amounts to $0.25 per share.
- The dividend is payable on June 30, 2026, to shareholders of record on June 15, 2026.
- The borrowing base on the senior secured revolving credit facility was redetermined and increased to $90 million.
- Commitments on the credit facility were also increased to $90 million.
- Currently, $40.5 million is outstanding on the Credit Facility.
- The next borrowing base redetermination is scheduled for the fourth quarter of 2026.
Price Impact
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