Evolution Petroleum vs Epsilon Energy
Evolution Petroleum is the larger business, with $86.3m of revenue in fiscal 2026 against $51.6m for Epsilon Energy (1.7 times as much). Epsilon Energy grew faster (63.7% against 0.6%). Evolution Petroleum kept more of each dollar of sales as profit: a net margin of -2.8% against -11.2%. Epsilon Energy carries less debt relative to equity (40.5% against 93.5%).
| Latest fiscal year | Evolution PetroleumEPM, 2026 | Epsilon EnergyEPSN, 2025 |
|---|---|---|
| Revenue | $86.3m | $51.6m |
| Revenue growth | 0.6% | 63.7% |
| Net income | −$2.4m | −$5.8m |
| Operating margin | 4.0% | -20.4% |
| Net margin | -2.8% | -11.2% |
| Return on equity | -3.7% | -5.2% |
| Free cash flow | $530,000 | — |
| Cash | $6.1m | $9.0m |
| Total debt | $56.5m | $50.5m |
| Debt to equity | 93.5% | 40.5% |
| Dividend per share | — | — |
| Dividend yield | 13.1% | — |
| Share buybacks | $225,000 | $0 |
| Employees | — | — |
| Market value | $131m | $177m |
| Price vs our value range | Within our value range | — |
| Moat score | 65 (Moderate) | 38 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 16 buys, 6 sales |