EPSN - Epsilon Energy reports Q4 results

2023-03-24 00:44:01 ET

• Epsilon Energy press release ( NASDAQ: EPSN ): Q4 adjusted EBITDA of $11.6M for the quarter ended December 31, 2022, compared to $9.0M in the same period last year.
• Free cash flow before changes in working capital of $8.9 million for the quarter ended December 31, 2022, compared to $5.6M in the same period last year.
• Revenue of $15.2M (+10.1% Y/Y).
• The company’s net revenue interest production was 2.49 Bcfe (27.1 MMcfe/d) for the quarter ended December 31, 2022, compared to 2.58 Bcfe (28.0 MMcfe/d) in the same period last year.

• Average realized price of $5.41 per Mcfe including hedges ($5.34 per Mcfe excluding hedges) for the quarter ended December 31, 2022, compared to $3.90 per Mcfe including hedges ($4.58 per Mcfe excluding hedges) in the same period last year.

For further details see: