Epsilon Energy Ltd.

For the period ended Jun 30, 2026. Filed Aug 12, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 12, 2026

EPSN$5.24+0.8%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income


· · Three months ended June 30, · · Six months ended June 30,
· · 2026 · · 2025 · · 2026 · · 2025
Revenues from contracts with customers:
Gas, oil, NGL, and condensate revenue	$16,924,916	$9,779,728	$40,862,926	$24,050,518
Gas gathering and compression revenue	1,336,740	1,845,005	2,994,517	3,737,355
Total revenue	18,261,656	11,624,733	43,857,443	27,787,873

Operating costs and expenses:
Lease operating expenses	6,330,193	2,462,785	13,525,506	5,218,683
Gathering system operating expenses	508,475	613,795	1,102,921	1,166,446
Depletion, depreciation, amortization, and accretion	2,804,107	3,201,654	5,806,446	6,677,511
Impairment expense	—	2,670,000	—	2,676,669
Gain on sale of oil and gas properties	(4,174,368)	—	(4,174,368)	—
Transaction costs	202,532	—	273,952	—
General and administrative expenses:
Stock based compensation expense	547,527	385,838	1,095,054	771,676
Other general and administrative expenses	3,664,814	1,461,878	7,042,956	3,280,296
Total operating costs and expenses	9,883,280	10,795,950	24,672,467	19,791,281
Operating income	8,378,376	828,783	19,184,976	7,996,592

Other income (expense):
Interest income	24,785	17,247	70,327	32,546
Interest expense	(877,267)	(19,906)	(1,818,848)	(32,117)
Gain (loss) on derivative contracts, net	2,245,470	2,573,863	(6,684,358)	1,111,693
Other expense, net	(208,658)	(10,839)	(192,230)	(33,338)
Other income (expense), net	1,184,330	2,560,365	(8,625,109)	1,078,784

Net income before income tax expense	9,562,706	3,389,148	10,559,867	9,075,376
Income tax expense	2,429,235	1,837,687	2,696,971	3,507,881
NET INCOME	$7,133,471	$1,551,461	$7,862,896	$5,567,495
Currency translation adjustments	(2,032)	(75,496)	(4,351)	(125,612)
NET COMPREHENSIVE INCOME	$7,131,439	$1,475,965	$7,858,545	$5,441,883

Net income per share, basic	$0.24	$0.07	$0.26	$0.25
Net income per share, diluted	$0.23	$0.07	$0.26	$0.25
Weighted average number of shares outstanding, basic	30,248,522	22,017,310	30,244,275	22,013,062
Weighted average number of shares outstanding, diluted	30,414,909	22,202,315	30,369,810	22,155,629

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.