Richard D. Affolder/iStock via Getty Images Asset Overview Proved Reserves (MBOE) SCOOP/STACK 40 Chaveroo Field Jonah Field 35 Williston Basin 30 Barnett Shale 25 Hamilton Dome 20 15 10 5 0 2028 2018 2020 2021 2022 2017 2019 2024Q8 Reserves Growth and Acquisitions (Annual Reports) Before the acquisitions, the Delhi Field used to be Evolution's main asset. Last quarter, it produced 1,022 BOEPD, comprising 71% oil and 29% natural gas liquids (NGL). Ever though it's one of Evolution's legacy assets, its operat ...

bashta/iStock via Getty Images Management recently purchased an interest in some acreage in the Anadarko part of Oklahoma. This purchase marks the biggest jump away from the secondary recovery that was the basis of the company business for years. Management still does not operate any properties. Therefore, general and administrative costs remain low. Generally, these interests have low purchase prices due to a lack of liquidity. Therefore, higher operating costs are at least somewhat offset by lower locatio ...

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for Evolution Petr ...

For the quarterly period ended March 31, 2024 ☐ 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 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 EVOLUTION PETROLEUM CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

Evolution Petroleum (EPM) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this oil and gas company would post earnings of $0.10 per share when it actually produced earnings of $0.03, delivering a surprise of -70%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Evolution Pet ...

Key Highlights Kelly Loyd, President and Chief Executive Officer, commented, "Our Company's strong financial results this quarter demonstrate the effectiveness of our strategy to maximize shareholder returns while maintaining a rock-solid balance sheet. We have added scale, diversification, and investment flexibility to our portfolio. The production for a portion of the quarter from our SCOOP/STACK acquisitions and the incremental production from 19 newly drilled SCOOP/STACK wells, as well as production fro ...

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE:EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal third quarter ended March 31, 2024 ("fiscal Q3" or the "current quarter"). Evolution also declared a quarterly cash dividend of $0.12 per common share for the fiscal 2024 fourth quarter. Key Highlights Closed previously announced SCOOP/STACK acquisitions in February, adding production of ~1,550 barrels of oil equivalent per day ...

Evolution Petroleum (EPM) ended the recent trading session at $6.25, demonstrating no swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.11%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.23%.The oil and gas company's shares have seen an increase of 5.93% over the last month, not keeping up with the Oils-Energy sector's gain of 8.5% and outstripping the S&P 500's gain of 1.5%.Analysts and investors alike will be keeping a close eye on the perfor ...

In the latest trading session, Evolution Petroleum (EPM) closed at $6.07, marking a +0.83% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.Shares of the oil and gas company witnessed a gain of 9.45% over the previous month, beating the performance of the Oils-Energy sector with its gain of 5.25% and the S&P 500's gain of 3.56%.Market participants will be ...

Evolution Petroleum (EPM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this oil and gas company have returned +12.9% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which Evolution Petroleum belongs, has gained 10.4% over this period. Now the key question is: Where ...