Epsilon Energy Q2 GAAP net income rises to US$7.13 million; revenue increases 57% to US$18.26 million YoY
Reuters2026/08/12 20:46- Epsilon Energy posted Q2 2026 GAAP net income of USD 7.13 million, up 57% year over year.
- Revenue rose 57% to USD 18.26 million, as oil revenue jumped more than doubled to USD 11.77 million.
- Natural gas revenue dropped 45% to USD 3.77 million as realized gas prices slid 66% to USD 1.81/Mcf.
- Adjusted EBITDA fell 21% year over year to USD 5.82 million; total production edged up 1% to 3,088 MMcfe.
- Issued first guidance: FY 2026 production 13,740-14,280 MMcfe, capital USD 42-47 million; expects Q3 oil output up 27% sequentially.
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