Epsilon Energy restates Q2 2026 adjusted net income to $-815,000 after asset-sale reclassification
EPSN•Quarterly results and spending
Q2 adjusted EBITDA totaled $5.82 million; total revenue was $18.26 million; capital spending reached $8.48 million.
Restatement and adjusted earnings
Epsilon Energy issued a correction that restated second-quarter 2026 adjusted net income to $-815,000, reversing the $1.58 million previously reported.
Adjusted diluted EPS was restated to $-0.03 from $0.05.
The change was tied to reclassifying asset-sale proceeds from other income to gain on asset sales; the Form 10-Q reported earnings unchanged.
Full-year guidance and balance sheet
Full-year guidance introduced: production 13,740-14,280 MMcfe; capital spending $42-47 million; total debt ended the quarter at $40.5 million.
