Epsilon Energy restates Q2 2026 adjusted net income to $-815,000 after asset-sale reclassification
Reuters2026/08/12 22:33- Epsilon issued a correction that restated Q2 2026 adjusted net income to USD -815,000, reversing USD 1.58 million previously reported.
- Adjusted diluted EPS was restated to USD -0.03 from USD 0.05.
- Change tied to reclassifying asset-sale proceeds from other income to gain on asset sales; Form 10-Q reported earnings unchanged.
- Q2 adjusted EBITDA totaled USD 5.82 million; total revenue was USD 18.26 million; capital spending reached USD 8.48 million.
- Full-year guidance introduced: production 13,740-14,280 MMcfe; capital spending USD 42-47 million; total debt ended the quarter at USD 40.5 million.
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