Epsilon Energy Ltd. (EPSN) Financial Statements (2024 and earlier)

Company Profile

Business Address 500 DALLAS STREET
HOUSTON, TX 77002
State of Incorp. AB
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments45,23726,49713,27114,052
Cash and cash equivalents45,23726,49713,27114,052
Short-term investments    
Receivables7,2014,5973,9174,297
Prepaid expense1,140 891,642
Derivative instruments and hedges, assets 1,222  2,000
Other current assets632570501434
Other undisclosed current assets 31   
Total current assets:55,46431,66417,77822,424
Noncurrent Assets
Operating lease, right-of-use asset    
Property, plant and equipment67,82867,23068,33274,682
Derivative instruments and hedges    
Restricted cash and investments570568566561
Other undisclosed noncurrent assets  01
Total noncurrent assets:68,39967,79868,89875,245
TOTAL ASSETS:123,86299,46386,67697,669
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,2075,2403,7514,994
Taxes payable1,098  
Employee-related liabilities598   
Accounts payable1,6951,1901,5922,828
Accrued liabilities2,9142,9522,1592,165
Derivative instruments and hedges, liabilities 240  
Asset retirement obligation  851071,504
Other undisclosed current liabilities1,0121,9806531,001
Total current liabilities:6,2197,5454,5107,499
Noncurrent Liabilities
Liabilities, other than long-term debt13,39812,65413,14613,807
Asset retirement obligations2,7802,7483,0441,406
Deferred income tax liabilities10,6179,90510,10312,401
Operating lease, liability    
Total noncurrent liabilities:13,39812,65413,14613,807
Total liabilities:19,61720,19917,65721,306
Equity
Equity, attributable to parent, including:104,24579,26369,01976,363
Treasury stock, value  (2,423)  
Additional paid in capital9,8568,8357,8797,029
Accumulated other comprehensive income9,7759,8199,8219,810
Accumulated deficit(39,291)(68,783)(80,411)(81,286)
Other undisclosed equity, attributable to parent123,905131,816131,730140,809
Total equity:104,24579,26369,01976,363
TOTAL LIABILITIES AND EQUITY:123,86299,46386,67697,669

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues69,96342,40424,42526,690
Cost of revenue(14,519)(15,423)(19,089)(14,438)
Gross profit:55,44426,9815,33612,252
Operating expenses(8,470)(6,369)(6,314)(4,067)
Operating income (loss):46,97320,612(978)8,185
Nonoperating income (expense)539(4,544)2,4284,290
Investment income, nonoperating4533944159
Other nonoperating income (expense)(99)1(4)1
Interest and debt expense(51)(101)(115)(115)
Other undisclosed income from continuing operations before equity method investments, income taxes   115115
Income from continuing operations before equity method investments, income taxes:47,46115,9671,45112,475
Other undisclosed income from continuing operations before income taxes51101  
Income from continuing operations before income taxes:47,51216,0681,45112,475
Income tax expense(12,157)(4,441)(575)(3,777)
Income from continuing operations:35,35511,6288758,698
Income before gain (loss) on sale of properties:8758,698
Net income available to common stockholders, diluted:35,35511,6288758,698

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income:35,35511,6288758,698
Comprehensive income:35,35511,6288758,698
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(44)(2)1013
Comprehensive income, net of tax, attributable to parent:35,31111,6258858,711

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: