Epsilon Energy Ltd.

Epsilon Energy Ltd. has entered into a Sales Agreement with Roth Capital Partners, LLC, allowing the company to sell up to $15,000,000 of its common shares through "at the market" offerings. Roth Capital Partners will act as the sales agent, receiving a 3.0% commission on gross proceeds. This agreement provides Epsilon Energy with a flexible mechanism to raise capital at prevailing market prices.

Epsilon Energy Ltd. announced a dividend of $0.0625 per share, payable on June 30, 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. Currently, $40.5 million is outstanding on the facility, and the next redetermination is set for Q4 2026.

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.

Epsilon Energy Ltd. announced that all nominees listed in its Proxy Statement were elected as directors until the next annual meeting of shareholders, with the number of directors set at eight. Shareholders also approved the re-appointment of BDO USA, LLP as auditors for the year ending December 31, 2026. Additionally, shareholders voted in favor of the compensation paid to the Company's named executive officers during 2025 through a non-binding advisory vote and approved the amended 2020 Equity Incentive Plan.

Epsilon Energy reported strong Q1 2026 financial results, with total revenue increasing to $25.6 million (+58% YoY) and Adjusted EBITDA rising to $13.4 million (+26% YoY). Net income was significantly impacted by an unrealized hedge loss, but adjusted net income (excluding hedge loss) was $8.7 million. The company is executing its development program in the Permian and Powder River Basin, expecting new production online in Q2 and Q3, and has monetized non-core assets for $6.9 million.

Epsilon Energy Ltd. reported a significant increase in total revenue for Q1 2026 to $25.6 million, up from $16.2 million in Q1 2025. However, net income decreased substantially to $0.73 million, or $0.02 per diluted share, compared to $4.02 million, or $0.18 per diluted share, in the prior year, primarily due to an $8.9 million loss on derivative contracts. The company also authorized a new $15.0 million share repurchase program and declared a quarterly dividend of $0.0625 per share.

Epsilon Energy Ltd. announced it will release its first quarter 2026 financial and operating results on Wednesday, May 13, 2026, after the market closes. The company will host a conference call to discuss these results on Thursday, May 14, 2026, at 10:00 a.m. Central Time. Interested parties can join the call via toll-free numbers or an international dial-in, and a live webcast will also be available.