Epsilon Energy Sees Significant Oil Production Growth in 2026

Epsilon Energy (NASDAQ: EPSN) reported its Q2 2026 results and issued guidance for production and capital expenditures. Adjusted net income was -$0.8 million (-$0.03/share), down from $1.6 million ($0.05/share) due to a recategorization of asset sale proceeds.

Q2 revenue was $18.3 million, up 57% year-over-year but down 29% quarter-over-quarter. Net income was $7.1 million ($0.23 diluted EPS), compared with $1.6 million in the same period last year. Total production was 3,088 MMcfe (flat YoY, -13% QoQ) with strong liquids growth.

For Q3 2026, Epsilon guides total production to 3,270-3,510 MMcfe and oil volumes to 155-165 MBbl. Full-year 2026 production is guided to 13,740-14,280 MMcfe (midpoint 18% YoY growth) and oil production to 640-670 MBbl (midpoint 194% YoY growth).