Evolution Petroleum (EPM)
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Northland Maintains Market Perform on Evolution Petroleum (EPM), Cuts Price Target to $4
Yahoo Finance· 2025-11-18 07:31
Evolution Petroleum Corporation (NYSEAMERICAN:EPM) is included among the 15 Stocks with Highest Dividend to Invest in. Northland Maintains Market Perform on Evolution Petroleum (EPM), Cuts Price Target to $4 On November 14, Northland cut its price target on Evolution Petroleum Corporation (NYSEAMERICAN:EPM) to $4 from $4.50 and maintained a Market Perform rating, according to a report by The Fly. The analyst said the fiscal Q1 results came in slightly ahead of expectations and looked “solid ...
Evolution Petroleum: A Breakeven Quarter And $50 Million Of Debt (Downgrade)
Seeking Alpha· 2025-11-13 22:39
I analyze oil and gas companies like Evolution Petroleum and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign ...
Evolution Petroleum (EPM) - 2026 Q1 - Quarterly Report
2025-11-12 21:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-32942 EVOLUTION PETROLEUM CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
Evolution Petroleum (EPM) - 2026 Q1 - Earnings Call Transcript
2025-11-12 17:00
Financial Data and Key Metrics Changes - Total revenue for Q1 2026 was $21.3 million, a slight decline from $21.9 million in the same period last year, primarily due to lower realized oil and NGL prices, which decreased by 14% and 8% respectively, partially offset by a 43% increase in natural gas prices [4][15][16] - Net income for the quarter was $0.8 million, or $0.02 per diluted share, compared to $2.1 million, or $0.06 per share in the year-ago quarter [15] - Adjusted EBITDA was $7.3 million, down from $8.1 million last year, reflecting the impact of lower oil and NGL prices and higher lease operating costs [16] Business Line Data and Key Metrics Changes - The revenue mix for the quarter was 60% oil, 28% natural gas, and 12% NGLs, with an average realized price of $31.63 per BOE [15] - Natural gas revenues increased by 38% compared to the year-ago quarter, with Henry Hub averaging $3.03 for the quarter [9][15] Market Data and Key Metrics Changes - Crude oil prices are currently around $60 per barrel, with expectations that reduced CapEx budgets will eventually lead to higher prices to stimulate drilling [6][7] - The natural gas market is experiencing growing demand due to electrification and carbon intensity reduction efforts, with forecasts indicating a demand increase of 20-30 BCF per day over the next decade [8][9] Company Strategy and Development Direction - The company closed its first acquisition focused on minerals and royalties in the Scoop Stack, enhancing exposure to high-quality reserves while maintaining a capital-light profile [4][5] - The strategy emphasizes generating sustainable free cash flow, returning capital to shareholders, and pursuing attractive acquisition opportunities [10][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the operational consistency and strength of the asset base, indicating that the company is well-positioned for the future [18] - The management team highlighted the importance of maintaining a sustainable dividend and the potential for future price increases in both oil and natural gas markets [5][10][18] Other Important Information - The company declared its 49th consecutive quarterly cash dividend of $0.12 per share for the fiscal second quarter [5][17] - Total liquidity at the end of the quarter was approximately $11.9 million, including cash and cash equivalents [16] Q&A Session Summary Question: Update on TexMex asset performance - Management acknowledged that the results from TexMex may understate its potential, with expectations for normalized lifting costs and production recovery as optimization activities progress [24][25][26] Question: M&A activity and deal flow - Management noted a healthy pipeline of attractive acquisition opportunities, with a focus on minerals deals that offer competitive multiples [30][31] Question: Natural gas hedging program - The company is over 50% hedged for the next year, with a mix of collars and swaps to protect cash flow while maintaining upside potential [45] Question: Outlook for production levels in 2026 - Management indicated that while production guidance is challenging due to various factors, a flat year-over-year production outlook is reasonable [66] Question: Capital expenditures guidance - Management confirmed a guidance range of $4-6 million for capital expenditures in fiscal 2026, with approximately $1.9 million spent in the first quarter [67][70]
Evolution Petroleum (EPM) - 2026 Q1 - Quarterly Results
2025-11-12 11:08
EXHIBIT 99.1 Evolution Petroleum Reports Fiscal First Quarter 2026 Results and Declares $0.12 per Share Quarterly Cash Dividend for the Fiscal Second Quarter HOUSTON, TX — November 11, 2025 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal first quarter ended September 30, 2025. Evolution also declared its 14th consecutive $0.12 cash dividend per common share, payable on December 31, 2025, ...
Compared to Estimates, Evolution Petroleum (EPM) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-11-12 00:01
Core Insights - Evolution Petroleum reported a revenue of $21.29 million for the quarter ended September 2025, reflecting a decrease of 2.8% year-over-year and a surprise of -1.9% compared to the Zacks Consensus Estimate of $21.7 million [1] - The earnings per share (EPS) was reported at $0, down from $0.02 in the same quarter last year, resulting in a -100% surprise against the consensus EPS estimate of $0.02 [1] Financial Performance - The company’s total oil and gas production was 7,315.00 BOE/D, exceeding the two-analyst average estimate of 7,277.00 BOE/D [4] - Average sales prices for key products were as follows: Natural gas at $2.74 (below the estimated $3.03), Natural gas liquids at $23.30 (above the estimated $22.93), and Crude oil at $62.18 (above the estimated $60.14) [4] Market Performance - Over the past month, shares of Evolution Petroleum have returned -7.1%, contrasting with the Zacks S&P 500 composite's +4.4% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Evolution Petroleum (EPM) Reports Break-Even Earnings for Q1
ZACKS· 2025-11-11 23:26
Core Insights - Evolution Petroleum (EPM) reported break-even quarterly earnings per share, matching the Zacks Consensus Estimate of $0.02, with adjusted figures showing no change from the previous year [1] - The company posted revenues of $21.29 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 1.9% and down from $21.9 million a year ago [2] - The stock has underperformed, losing approximately 14.9% since the beginning of the year, while the S&P 500 has gained 16.2% [3] Earnings Performance - Over the last four quarters, Evolution Petroleum has surpassed consensus EPS estimates only once [2] - The current consensus EPS estimate for the upcoming quarter is $0.01 on revenues of $21.45 million, and for the current fiscal year, it is $0.01 on revenues of $84.95 million [7] Market Outlook - The company's earnings outlook is critical for assessing future stock performance, with recent estimate revisions trending unfavorably, resulting in a Zacks Rank 4 (Sell) [6] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is in the bottom 26% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]
Evolution Petroleum Corporation declares $0.12 dividend (NYSE:EPM)
Seeking Alpha· 2025-11-11 21:21
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Evolution Petroleum Corporation GAAP EPS of $0.02, revenue of $21.29M misses by $0.44M (NYSE:EPM)
Seeking Alpha· 2025-11-11 21:17
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Evolution Petroleum Reports Fiscal First Quarter 2026 Results and Declares $0.12 per Share Quarterly Cash Dividend for the Fiscal Second Quarter
Globenewswire· 2025-11-11 21:15
Core Insights - Evolution Petroleum Corporation reported its financial and operational results for the fiscal first quarter ended September 30, 2025, declaring its 14th consecutive cash dividend of $0.12 per share, marking 49 consecutive quarterly cash dividend payments [1][20]. Financial & Operational Highlights - Average production for Q1 2026 was 7,315 BOEPD, a 2% decrease from 7,478 BOEPD in Q1 2025 but a 2% increase from 7,198 BOEPD in Q4 2025 [2]. - Total revenues decreased by 3% to $21.3 million compared to $21.9 million in Q1 2025, primarily due to lower realized oil and NGL prices, partially offset by a 38% increase in natural gas revenue to $5.9 million [3][6]. - Net income for Q1 2026 was $0.8 million, or $0.02 per diluted share, down 60% from $2.1 million, or $0.06 per diluted share, in Q1 2025 [10][11]. - Adjusted EBITDA was $7.3 million, a 10% decrease from $8.1 million in the year-ago quarter [11]. Production & Pricing - The average realized price for crude oil was $62.18 per barrel, down 14% from $72.24 in Q1 2025, while natural gas prices increased by 43% to $2.74 per MCF [12][13]. - Total production included approximately 2,250 BOPD of crude oil, 3,891 BOEPD of natural gas, and 1,174 BOEPD of NGLs, with oil and NGLs generating 72% of revenue compared to 80% in the previous year [12]. Acquisition & Strategy - The company completed its largest acquisition of mineral and royalty interests in the SCOOP/STACK area of Oklahoma, which is expected to provide immediate cash flow accretion and significant upside potential with over 650 future drilling locations [3][4]. - Management emphasized a strategy focused on long-term shareholder value through disciplined capital management, strategic acquisitions, and maintaining a sustainable dividend [5]. Cost Management - Lease operating costs increased to $13.1 million from $11.8 million in the year-ago quarter, with a per-unit cost of $19.45 per BOE compared to $17.15 [7]. - General and administrative expenses decreased to $1.8 million from $2.0 million in the prior year, primarily due to lower professional fees [9]. Balance Sheet & Liquidity - As of September 30, 2025, the company had cash and cash equivalents of $0.7 million, outstanding borrowings of $53.0 million, and total liquidity of $11.9 million [18]. - The company returned $4.2 million to shareholders in cash dividends during the quarter [3].