Epsilon (EPSN) Earnings and Revenues Increase Y/Y in Q2

Epsilon Energy Ltd. (EPSN) delivered a mixed performance in its second-quarter 2024 results, marked by significant growth in oil production that offset declines in natural gas revenues. The company's strategic focus on its Permian assets drove a notable increase in oil output and revenues, while challenges in the Marcellus shale impacted natural gas production. Despite a modest decline in overall profitability, EPSN maintained a strong balance sheet and continued to invest in its asset base, positioning its ...