Dividend Announcement from Epsilon Energy Ltd.
Epsilon Energy Ltd., known for its operations in the North American oil and gas sector, has made a significant announcement regarding its quarterly dividend. The company's Board of Directors has declared a dividend of $0.0625 per share of common stock, which translates to an annualized rate of $0.25 per share. This dividend will be available to all stockholders listed on record as of the closing business day on June 13, and payments will be distributed on June 30.
Understanding Epsilon Energy Ltd.
Epsilon Energy Ltd. is a dynamic player in the natural gas and oil production landscape. The Company has strategically positioned itself within key regions across North America, including initiatives in Pennsylvania, Texas, Alberta, New Mexico, and Oklahoma. This extensive asset base allows Epsilon to effectively capture the opportunities present in the energy market.
What This Dividend Means for Investors
The declaration of this dividend reflects Epsilon Energy's ongoing commitment to delivering value to its investors. Eligible dividends are defined under subsection 89(1) of the Income Tax Act (Canada), indicating that shareholders can expect a certain level of reliability and tax consideration. For many investors, dividends serve as a crucial factor in their investment strategies, providing a return on their investment that can enhance the overall performance of their portfolios.
Insights into Epsilon’s Growth Strategy
As Epsilon Energy continues to grow, it focuses not only on expanding its production capabilities but also on sustainable practices within the industry. The company is constantly seeking to optimize operations across its various assets, enabling it to navigate an ever-evolving market landscape. Epsilon's efforts in technology and resource management signify its proactive approach to securing its future success in the energy sector.
Contact Information for Epsilon Energy
Those interested in learning more about Epsilon Energy Ltd. or its dividend announcements can reach out through the following contact points:
Jason Stabell, Chief Executive Officer
Phone: 281-670-0002
Email: Jason.Stabell@EpsilonEnergyLTD.com
Andrew Williamson, Chief Financial Officer
Email: Andrew.Williamson@EpsilonEnergyLTD.com
Frequently Asked Questions
What is the dividend declared by Epsilon Energy Ltd.?
Epsilon Energy Ltd. has declared a dividend of $0.0625 per share of common stock.
When will the dividend be paid?
The dividend is set to be paid on June 30, provided that stockholders are on record by June 13.
What is Epsilon Energy known for?
Epsilon Energy is involved in the production and gathering of oil and natural gas across various locations in North America.
How can I contact Epsilon Energy for more information?
You can contact Jason Stabell or Andrew Williamson through the provided emails or by phone.
What are eligible dividends according to Canadian law?
Eligible dividends are defined under subsection 89(1) of the Income Tax Act (Canada), which outlines how dividends are treated for tax purposes.
