HOUSTON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced that it plans to release its fiscal second quarter 2026 financial and operating results on Tuesday, February 10, 2026, after the market closes. Additionally, Kelly Loyd, President and Chief Executive Officer, Ryan Stash, Senior Vice President, Chief Financial Officer, and Treasurer, and Mark Bunch, Chief Operating Officer, will review the results on a conference call ...

Millicom (Tigo) announces successful bid for EPM’s Stake in UNE Luxembourg, January 27,2026 — Millicom International Cellular S.A. ("Millicom") today announced that it has been awarded 100% of EPM’s remaining shares in UNE EPM Telecommunicaciones S.A. (“UNE” or “Tigo Colombia”), following a winning bid in the public auction conducted by Empresas Públicas de Medellín E.S.P. ("EPM"). Millicom’s bid was COP 418,741 per share, representing a total consideration of approximately COP 2.1 trillion, (approximately ...

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Vitesse Energy Inc (NYSE:VTS) - Vitesse Energy has a dividend yield of 11.79% [6] - Evercore ISI Group analyst Chris Baker maintained an In-Line rating and lowered the price target from $22 to $20 on October 6, 2025, with an accuracy rate of 69% [6] - Roth MKM analyst John White maintained a Buy rating and increased the price target from $30.5 to $33 on April 2, 2025, with an accuracy rate of 62% [6] - Recent quarterly results for Vitesse Energy were mixed [6] Group 2: Nordic American Tankers Ltd (NYSE:NAT) - Nordic American Tankers has a dividend yield of 10.50% [6] - Jefferies analyst Omar Nokta maintained a Hold rating with a price target of $3.5 on November 28, 2025, with an accuracy rate of 70% [6] - Evercore ISI Group analyst Jonathan Chappell maintained an In-Line rating and raised the price target from $2.5 to $3 on October 28, 2025, with an accuracy rate of 65% [6] - The company entered into firm agreements to sell two Suezmax tankers at a net price of $50 million for both vessels on December 18 [6] Group 3: Evolution Petroleum Corp (NYSE:EPM) - Evolution Petroleum has a dividend yield of 13.41% [6] - Roth Capital analyst Nick Pope reinstated the stock with a Buy rating and announced a $5 price target on December 4, 2025, with an accuracy rate of 60% [6] - Northland Capital Markets analyst Bobby Brooks maintained a Market Perform rating and cut the price target from $5 to $4.5 on May 20, 2025, with an accuracy rate of 75% [6] - Recent quarterly sales for Evolution Petroleum were downbeat [6]

Core Viewpoint - In turbulent market conditions, investors are increasingly attracted to dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends to shareholders [1] Group 1: Vitesse Energy Inc (NYSE:VTS) - Dividend yield is reported at 11.79% [6] - Evercore ISI Group analyst Chris Baker maintained an In-Line rating and reduced the price target from $22 to $20 as of October 6, 2025, with an accuracy rate of 69% [6] - Roth MKM analyst John White maintained a Buy rating and raised the price target from $30.5 to $33 on April 2, 2025, with an accuracy rate of 62% [6] - Recent quarterly results were mixed, as reported on November 3 [6] Group 2: Nordic American Tankers Ltd (NYSE:NAT) - Dividend yield stands at 10.50% [6] - Jefferies analyst Omar Nokta maintained a Hold rating with a price target of $3.5 on November 28, 2025, with an accuracy rate of 70% [6] - Evercore ISI Group analyst Jonathan Chappell maintained an In-Line rating and increased the price target from $2.5 to $3 on October 28, 2025, with an accuracy rate of 65% [6] - On December 18, NAT entered into firm agreements to sell two Suezmax tankers for a net price of $50 million [6] Group 3: Evolution Petroleum Corp (NYSE:EPM) - Dividend yield is noted at 13.41% [6] - Roth Capital analyst Nick Pope reinstated the stock with a Buy rating and set a price target of $5 on December 4, 2025, with an accuracy rate of 60% [6] - Northland Capital Markets analyst Bobby Brooks maintained a Market Perform rating and lowered the price target from $5 to $4.5 on May 20, 2025, with an accuracy rate of 75% [6] - Recent quarterly sales were reported as downbeat on November 11 [6]

Group 1 - The core viewpoint is that Freedom Capital Markets has initiated coverage on Evolution Petroleum Corporation with a Buy rating and a price target of $5.30, driven by improving commodity fundamentals and the company's income-focused capital allocation strategy [1] - The investment thesis is supported by expectations for a recovery in oil prices and rising demand for U.S. natural gas, with Evolution Petroleum being a U.S.-focused oil and gas producer generating all revenue domestically [2] - Evolution's producing assets consist entirely of non-operated interests, which limits operational risk while allowing the company to maintain financial discipline [3] Group 2 - Evolution Petroleum has a shareholder return strategy that includes quarterly dividend payments, offering an annualized dividend yield of approximately 12.8%, which is considered attractive compared to peers [4]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Company Ratings and Analyst Insights - Evolution Petroleum Corp (NYSE:EPM) has a dividend yield of 11.76%. Roth Capital analyst Nick Pope reinstated a Buy rating with a price target of $5 for December 4, 2025, and has an accuracy rate of 63%. Northland Capital Markets analyst Bobby Brooks maintained a Market Perform rating and reduced the price target from $5 to $4.5 on May 20, 2025, with an accuracy rate of 76% [6] - Vitesse Energy Inc (NYSE:VTS) has a dividend yield of 10.14%. Evercore ISI Group analyst Chris Baker maintained an In-Line rating and lowered the price target from $22 to $20 on October 6, 2025, with an accuracy rate of 69%. Roth MKM analyst John White maintained a Buy rating and raised the price target from $30.5 to $33 on April 2, 2025, with an accuracy rate of 63% [6] - Western Midstream Partners LP (NYSE:WES) has a dividend yield of 9.37%. Citigroup analyst Spiro Dounis maintained a Neutral rating with a price target of $39 on October 20, 2025, with an accuracy rate of 74%. Mizuho analyst Gabriel Moreen maintained an Outperform rating and increased the price target from $44 to $46 on August 29, 2025, with an accuracy rate of 70% [6]

Core Insights - Evolution Petroleum Corporation (EPM) experienced a significant decline in share price, falling by 11.55% from November 11 to November 18, 2025, ranking among the energy stocks that lost the most during that week [1] Financial Performance - In Q1 2026, Evolution Petroleum reported disappointing results, missing both earnings and revenue expectations. The company's net income decreased by 60% year-over-year, attributed to lower realized pricing for crude oil and increased lease operating costs [3] - Despite the poor financial performance, EPM declared a quarterly dividend of $0.12 per share, marking its 49th consecutive quarter of regular payouts [3] Analyst Ratings - Following the Q1 results, Northland reduced its price target for EPM from $4.5 to $4, citing lower benchmark commodity prices. However, the analyst maintained a 'Market Perform' rating on the company's shares [4]

Core Insights - Evolution Petroleum Corporation (EPM) is recognized among the 15 stocks with the highest dividend yields, indicating strong investor interest in its dividend performance [1] Financial Performance - In fiscal Q1 2026, EPM reported revenues of $21.2 million, reflecting a nearly 3% decline year-over-year. However, natural gas revenue increased by 38% to $5.9 million compared to the same quarter last year [3] - The company returned $4.2 million to shareholders through dividends during the quarter, marking 49 consecutive quarters of regular dividend payments [4] Market Position and Strategy - Northland maintained a Market Perform rating on EPM but reduced its price target from $4.50 to $4 due to weaker benchmark commodity prices, despite the fiscal Q1 results being slightly better than expected [2] - EPM expanded its operations by acquiring assets in the SCOOP/STACK region of Oklahoma, which is its largest acquisition of mineral and royalty interests to date [3] - The company focuses on operational efficiency, careful capital allocation, and maintaining financial strength to generate sustainable free cash flow for dividends and opportunistic acquisitions [4] Company Overview - EPM operates as an independent energy company, investing in and managing onshore oil and natural gas properties across the United States [5]

Group 1 - The article discusses the analysis of oil and gas companies, focusing on identifying undervalued firms within the sector [1] - The author emphasizes the cyclical nature of the oil and gas industry, highlighting the importance of patience and experience in investing [2] - The investing group, Oil & Gas Value Research, seeks out under-followed oil companies and midstream firms that present attractive investment opportunities [2] Group 2 - The article mentions that the analysis includes a breakdown of balance sheets, competitive positions, and development prospects of the companies [1] - The investing group provides an active chat room for investors to discuss recent information and share ideas [2]

Financial Performance - Total revenues for the three months ended September 30, 2025, were $21,288,000, a decrease of 2.8% compared to $21,896,000 for the same period in 2024[17] - Net income for the three months ended September 30, 2025, was $824,000, down from $2,065,000 in the same period of 2024, representing a decline of 60%[17] - The company’s operating costs for the three months ended September 30, 2025, were $21,373,000, an increase of 6.6% from $20,042,000 in the same period of 2024[17] - Basic earnings per share for the three months ended September 30, 2025, was $0.02, down from $0.06 in the same period of 2024[102] Cash Flow and Liquidity - Cash and cash equivalents decreased to $714,000 as of September 30, 2025, from $2,507,000 at the end of June 2025, indicating a significant cash outflow[15] - The company reported a net cash provided by operating activities of $7,805,000 for the three months ended September 30, 2025, compared to $7,614,000 for the same period in 2024[20] - The Company paid $4,157,000 in common stock dividends during the three months ended September 30, 2025, compared to $4,033,000 in the same period of 2024[20] Assets and Liabilities - Total assets increased to $169,131,000 as of September 30, 2025, compared to $160,252,000 as of June 30, 2025, reflecting growth in property and equipment[15] - The total stockholders' equity decreased to $69,131,000 as of September 30, 2025, from $71,813,000 as of June 30, 2025, reflecting a decline in retained earnings[15] - Total prepaid expenses and other current assets decreased from $2,287,000 on June 30, 2025, to $1,235,000 on September 30, 2025[105] - Total accrued liabilities and other decreased from $6,909,000 on June 30, 2025, to $5,443,000 on September 30, 2025[105] Capital Expenditures and Investments - The company incurred capital expenditures of $3,819,000 for oil and natural gas properties during the three months ended September 30, 2025, compared to $2,740,000 in the same period of 2024[20] - Development capital expenditures for the three months ended September 30, 2025, were $1.9 million, up from $1.0 million in 2024, indicating a 90% increase[50] - The Company completed the acquisition of mineral and royalty interests in the SCOOP and STACK plays for approximately $16.9 million, funded by $15.0 million in borrowings and cash on hand[44] - The TexMex Acquisition involved non-operated working interests in wells for a total purchase price of approximately $9.0 million, with an average working interest of 42%[45] Debt and Borrowing - The senior secured credit facility increased to $53,000,000 as of September 30, 2025, from $37,500,000 as of June 30, 2025, indicating increased borrowing[15] - The Company had $53.0 million in borrowings outstanding under its Senior Secured Credit Facility as of September 30, 2025, with an available borrowing capacity of $11.2 million[56] - The weighted average interest on borrowings under the Senior Secured Credit Facility was 7.12% for the three months ended September 30, 2025, down from 8.09% in 2024[56] - The Senior Secured Credit Facility has a maximum total leverage ratio requirement of not more than 3.00 to 1.00, and as of September 30, 2025, the Company was in compliance with all covenants[56] Derivative Contracts - The total derivative contract assets amounted to $2,477,000, compared to $1,975,000 as of June 30, 2025, reflecting an increase of approximately 25.4%[69] - The total derivative contract liabilities were $2,559,000 as of September 30, 2025, down from $3,360,000 as of June 30, 2025, indicating a decrease of about 23.8%[69] - The realized gain on derivative contracts for the three months ended September 30, 2025, was $878,000, a significant improvement from a loss of $70,000 in the same period of 2024[70] - The unrealized gain on derivative contracts for the same period was $1,303,000, compared to $1,868,000 in 2024, showing a decrease of approximately 30.3%[70] Stock and Equity - The Company sold approximately 57 thousand shares under the At-the-Market equity Sales Agreement for net proceeds of approximately $246 thousand during the three months ended September 30, 2025[87] - The average cost per share for treasury stock acquired during the three months ended September 30, 2025 was $5.16, totaling $132 thousand for 26 shares[90] - The Company recognized $0.5 million in stock-based compensation expense during the three months ended September 30, 2025, compared to $0.6 million in the same period of 2024[93] - The Company has approximately 2.2 million shares remaining available for grant under the Amended and Restated 2016 Equity Incentive Plan as of September 30, 2025[92] Tax and Compliance - The Company recognized an income tax expense of $0.4 million for the three months ended September 30, 2025, with an effective tax rate of 30.7%, compared to $0.8 million and 28.4% in 2024[62] - The company is required to hedge a portion of its production due to recent acquisitions and borrowings under its Senior Secured Credit Facility[157] - The company has not entered into interest rate derivative instruments to manage exposure to interest rate changes[159]