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Are Oils-Energy Stocks Lagging Epsilon Energy (EPSN) This Year?

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The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Epsilon Energy Ltd. (EPSN - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.

Epsilon Energy Ltd. is a member of the Oils-Energy sector. This group includes 247 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Epsilon Energy Ltd. is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for EPSN's full-year earnings has moved 18.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that EPSN has returned about 16.8% since the start of the calendar year. In comparison, Oils-Energy companies have returned an average of 4.2%. This means that Epsilon Energy Ltd. is outperforming the sector as a whole this year.

Equinor (EQNR - Free Report) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.2%.

For Equinor, the consensus EPS estimate for the current year has increased 14.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Epsilon Energy Ltd. belongs to the Oil and Gas - Integrated - United States industry, a group that includes 15 individual stocks and currently sits at #46 in the Zacks Industry Rank. This group has gained an average of 4% so far this year, so EPSN is performing better in this area.

On the other hand, Equinor belongs to the Oil and Gas - Refining and Marketing industry. This 12-stock industry is currently ranked #74. The industry has moved +11.6% year to date.

Investors with an interest in Oils-Energy stocks should continue to track Epsilon Energy Ltd. and Equinor. These stocks will be looking to continue their solid performance.


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