Monitor Q3 2026 operational updates for PRB Parkman well results and Permian Barnett drilling progress, as these represent the near-term catalysts for production inflection. The FY 2026 guidance midpoint implies 18% sequential total production growth and 194% oil production growth from Q2 actuals, making execution against these targets the key near-term trading catalyst.
Price Chart
Executive Summary
Epsilon Energy issued its August 2026 corporate presentation, providing updated FY 2026 production and capital guidance alongside a multi-basin growth strategy. The presentation targets >20% annual production CAGR through 2028 while maintaining leverage below 1.5x, with near-term catalysts including operated PRB activity, Permian Barnett acceleration, and increased Marcellus midstream throughput. This is a routine investor relations update with no new financial results or material changes to previously disclosed strategy.
Key Facts
- FY 2026 midpoint production guidance of 38.4 MMcfe/d total and 1,795 Bbl/d oil, representing +13% and +30% growth vs Q2 2026 actuals respectively
- FY 2026 total capital budget of $42.0-$47.0 million, with 72% allocated to D&C
- Q2 2026 net total production of 33.9 MMcfe/d (25% oil) and net oil production of 1,380 Bbl/d
- Leverage of 0.9x LTM EBITDA as of June 30, 2026
- Enterprise value of $208 million based on $5.94/share closing price on August 12, 2026
- Plan to drive >20% annual production CAGR (per share basis) over 2026-2028 while maintaining leverage below 1.5x
- 115 net priority drilling locations with average returns of 45% IRR at $70 WTI/$3.50 HH
- Regular annual dividend of $0.25 per share
Financial Impact
FY 2026 capital program of $42-47 million; midpoint production guidance of 38.4 MMcfe/d total and 1,795 Bbl/d oil
Risk Factors
- Execution risk on operated PRB development program
- Commodity price sensitivity to oil and natural gas prices
- Dependence on non-operated partner activity in Permian and Marcellus
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-098127 |
| Document: epsn-20260817xex99d1.htm | 0001104659-26-098127 |
| Document: 0001104659-26-098127-index-headers.html | 0001104659-26-098127 |
| Document: 0001104659-26-098127-index.html | 0001104659-26-098127 |
| Document: 0001104659-26-098127.txt | 0001104659-26-098127 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 21, 2026 5w ago | Insider Buy | $6.06 $6.10 | ▲ +0.66% | ▲ +1.22% | $6.33 (+4.46%) |
Sep 14, 2026 6w ago | 144 | $6.16 $6.00 | ▼ −2.60% | ▼ −5.58% | $6.33 (+2.76%) |
Sep 4, 2026 7w ago | Press Release | $6.18 $6.06 | ▼ −1.94% | ▼ −2.54% | $6.33 (+2.43%) |
Aug 18, 2026 10w ago | 8-K | $5.68 $5.90 | ▲ +3.87% | ▲ +5.62% | $6.33 (+11.44%) |
Aug 13, 2026 10w ago | 8-K | $5.32 $6.34 | ▲ +19.17% | ▲ +20.92% | $6.33 (+18.98%) |
Aug 12, 2026 10w ago | Press Release | $5.32 $6.34 | ▲ +19.17% | ▲ +20.92% | $6.33 (+18.98%) |
Aug 12, 2026 10w ago | Press Release | $5.32 $6.34 | ▲ +19.17% | ▲ +20.92% | $6.33 (+18.98%) |
Jun 18, 2026 18w ago | 424B5 | $5.21 $5.52 | ▼ −5.95% | ▼ −6.10% | $6.33 (−21.50%) |
Jun 1, 2026 21w ago | 8-K | $5.81 $5.45 | ▼ −6.20% | ▼ −4.63% | $6.33 (+8.95%) |
May 29, 2026 21w ago | 144 | $5.83 $5.41 | ▼ −7.20% | ▼ −5.91% | $6.33 (+8.58%) |
US Market Status
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