Login
Epsilon Energy Ltd logo

Epsilon Energy Ltd

epsilonenergyltd.com

What Do They Do?

Produces natural gas, oil and natural gas liquids for purchasers, and provides gathering and compression services to natural gas producers.

How Do They Make Money?

Natural gas is its largest revenue stream: buyers pay for gas, oil and liquids after delivery, generally within 30 days; Wyoming oil is paid within 30 days after month-end, gas and liquids within 60. Gathering fees are charged per unit of gas gathered, with payment generally within 60 days after month-end.

revenue
SegmentShareRevenue
Natural Gas
Sold outright

56%
FY2022: 81%
Natural Gas Liquids
Sold outright
3.8%
FY2022: 2.5%
Oil and Condensate
Sold outright

27%
FY2022: 4.6%
Gathering and Compression fees
Usage-based

13%
FY2022: 12%

Who Are Their Customers?

Pennsylvania natural gas is marketed through ARM, which handles nominations, payments, invoices and contract negotiations; products are sold under contracts with third-party purchasers.

Do Revenues Turn Into Profits?

No. It lost $5.8M in FY2025.

Operating income, FY2025
−20% of revenue
▼ Now a loss vs FY2024 ($3.4M, 11%)
Net income, FY2025
−11% of revenue
▼ Now a loss vs FY2024 ($1.9M, 6%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +57%
vs $11.6M in Q2 FY2025
Net income
▲ +360%
vs $1.6M in Q2 FY2025
Natural Gas share of revenue vs 59.5% in Q2 FY2025
  • Aug 18, 2026 Sets target for annual production growth above 20% The presentation targets more than 20% annual production growth over 2026–2028.

Growing. Revenue grew 22% in 4 years, from $42.4M in FY2021 to $51.6M in FY2025, about 5% a year.

Broader production footprint The described production footprint expands from Pennsylvania and Oklahoma to Wyoming, Texas and New Mexico, and Alberta, Canada, across the Appalachian, Powder River, Permian and Western Canadian basins.

Revenue over time
Natural Gas Natural Gas Liquids Oil and Condensate Gathering and Compression fees
$100M$50M$0

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support