- Fiscal Q4 Revenues Up 17% Y/Y to $21.2 Million - - Fiscal Q4 Net Income Increases to $1.2 Million; Adjusted EBITDA up 72% Y/Y to $8.0 Million - _______________________ HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal fourth quarter and full year ended June 30, 2024. Evolution also declared a quarterly cash dividend of $0.12 per common share for the fiscal 2025 f ...

HOUSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced that it plans to release its fourth quarter and fiscal yearend 2024 financial and operating results on Tuesday, September 10, 2024, 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 co ...

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 ...