Epsilon Energy Q2 revenue rises on higher oil, NGL sales - EPSN News | RalliesEpsilon Energy Q2 revenue rises on higher oil, NGL sales
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EPSN• Outlook
- Epsilon sees Q3 2026 total production at 3,270–3,510 MMcfe and oil production at 155–165 MBbl
- Company expects Q3 2026 capital spending of $24.0–$28.5 mln
- Epsilon forecasts FY 2026 total production at 13,740–14,280 MMcfe and oil production at 640–670 MBbl
Overview
- US oil and gas producer's Q2 revenue rose 57% yr/yr, driven by higher oil and NGL sales
- Adjusted net income and adjusted EBITDA declined sharply from prior quarter
- Lower Marcellus gas output due to planned system pressure increase and natural declines
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 EPS | | $0.23 | |
| Q2 Basic EPS | | $0.24 | |
Result drivers
- Oil and NGL prices - Higher realized oil and NGL prices contributed to increased revenue in Q2
- Marcellus gas decline - Planned suction pressure increase and natural well declines reduced Marcellus gas production
- - Field optimization activities and offset completions led to lower Powder River Basin production
Powder River Basin optimization
