EPSN - An Evaluation Of Epsilon Energy
- Epsilon Energy Ltd. eked out profitability in 2020 despite a 38% plunge in natural gas prices, while many in its industry were filing for bankruptcy.
- Production surged 44% as line pressure in its gathering system was lowered and eight new wells went online.
- With no debt, a more favorable pricing outlook after multi-decade lows was experienced in 2020, and beneficial owner buying, this busted IPO merited a deeper dive.
- A full investment analysis follows in the paragraphs below.
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An Evaluation Of Epsilon Energy