{"id":827729,"date":"2025-03-19T16:54:00","date_gmt":"2025-03-19T20:54:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/epsilon-announces-full-year-2024-results\/"},"modified":"2025-03-19T16:54:00","modified_gmt":"2025-03-19T20:54:00","slug":"epsilon-announces-full-year-2024-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/epsilon-announces-full-year-2024-results\/","title":{"rendered":"Epsilon Announces Full Year 2024 Results"},"content":{"rendered":"
\n

HOUSTON, March 19, 2025 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (\u201cEpsilon<\/strong>\u201d or the \u201cCompany<\/strong>\u201d) (NASDAQ: EPSN) today reported financial results for the fourth quarter and full-year ended December 31, 2024.<\/p>\n

\n
\n Full Year and Q4 2024 Highlights<\/u>
\n <\/strong>
\n :<\/strong>\n <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Epsilon – Full Year 2024 & Q4 2024<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\n 2023<\/strong>\n <\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\n Q3 2024<\/strong>\n <\/td>\n\n YoY%<\/strong>\n <\/td>\n\n QoQ%<\/strong>\n <\/td>\n<\/tr>\n
NRI Production<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gas<\/td>\nMMcf<\/td>\n6,142<\/td>\n8,340<\/td>\n1,765<\/td>\n1,304<\/td>\n\n -26%<\/em>\n <\/td>\n\n 35<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
Oil<\/td>\nMbbl<\/td>\n187<\/td>\n65<\/td>\n52<\/td>\n53<\/td>\n\n 186<\/em>
\n %<\/em>\n <\/td>\n		\n -3%<\/em>\n <\/td>\n<\/tr>\n
NGL<\/td>\nMbbl<\/td>\n69<\/td>\n39<\/td>\n17<\/td>\n17<\/td>\n\n 78<\/em>
\n %<\/em>\n <\/td>\n		\n -2%<\/em>\n <\/td>\n<\/tr>\n
Total<\/td>\nMmcfe<\/td>\n7,676<\/td>\n8,965<\/td>\n2,176<\/td>\n1,727<\/td>\n\n -14%<\/em>\n <\/td>\n\n 26<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Revenues<\/td>\n$M<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gas<\/td>\n\u00a0<\/td>\n10,786<\/td>\n14,864<\/td>\n3,958<\/td>\n1,904<\/td>\n\n -27%<\/em>\n <\/td>\n\n 108<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
Oil<\/td>\n\u00a0<\/td>\n13,731<\/td>\n5,091<\/td>\n3,537<\/td>\n3,965<\/td>\n\n 170<\/em>
\n %<\/em>\n <\/td>\n		\n -11%<\/em>\n <\/td>\n<\/tr>\n
NGL<\/td>\n\u00a0<\/td>\n1,482<\/td>\n984<\/td>\n385<\/td>\n335<\/td>\n\n 51<\/em>
\n %<\/em>\n <\/td>\n		\n 15<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
Midstream1<\/sup><\/td>\n\u00a0<\/td>\n5,524<\/td>\n9,791<\/td>\n1,060<\/td>\n1,084<\/td>\n\n -44%<\/em>\n <\/td>\n\n -2%<\/em>\n <\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n31,523<\/td>\n30,730<\/td>\n8,940<\/td>\n7,288<\/td>\n\n 3<\/em>
\n %<\/em>\n <\/td>\n		\n 23<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Realized Prices2<\/sup><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gas<\/td>\n$\/Mcf<\/td>\n1.76<\/td>\n1.78<\/td>\n2.24<\/td>\n1.46<\/td>\n\n -1%<\/em>\n <\/td>\n\n 54<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
Oil<\/td>\n$\/Bbl<\/td>\n73.61<\/td>\n77.96<\/td>\n68.38<\/td>\n74.27<\/td>\n\n -6%<\/em>\n <\/td>\n\n -8%<\/em>\n <\/td>\n<\/tr>\n
NGL<\/td>\n$\/Bbl<\/td>\n21.41<\/td>\n25.29<\/td>\n22.98<\/td>\n19.56<\/td>\n\n -15%<\/em>\n <\/td>\n\n 17<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adj. EBITDA<\/td>\n$M<\/td>\n17,578<\/td>\n18,828<\/td>\n5,335<\/td>\n3,744<\/td>\n\n -7%<\/em>\n <\/td>\n\n 43<\/em>
\n %<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash + STI3<\/sup><\/td>\n$M<\/td>\n6,990<\/td>\n32,649<\/td>\n6,990<\/td>\n8,775<\/td>\n\n -79%<\/em>\n <\/td>\n\n -20%<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Capex4<\/sup><\/td>\n$M<\/td>\n34,887<\/td>\n22,038<\/td>\n3,804<\/td>\n3,908<\/td>\n\n 58<\/em>
\n %<\/em>\n <\/td>\n		\n -3%<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 1) Net of elimination entry for fees paid by Epsilon<\/em>
\n \n <\/td>\n<\/tr>\n
\n 2) Excludes impact of hedge realizations<\/em>
\n \n <\/td>\n<\/tr>\n
\n 3) Includes restricted cash balance<\/em>\u00a0<\/td>\n<\/tr>\n
\n 4) Includes acquisitions<\/em>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
The Company returned $7.3 million to shareholders during the year ended December 31, 2024.<\/p>\n