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, 2023 ☐ 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 Corporation (NYSE:EPM) Q4 2023 Earnings Conference Call September 13, 2023 2:00 PM ET Company Participants Brandi Hudson - IR Manager Kelly Loyd - CEO and President Mark Bunch - COO Ryan Stash - SVP and CFO Conference Call Participants John White - ROTH MKM Partners Donovan Schafer - Northland Capital Markets Jeff Robertson - Water Tower Research David Locke - Old Mammoth Investments Bruce Brown - Brown Capital Management John Bair - Ascend Wealth Advisors Operator Good afternoon and wel ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 ☐ 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 jurisdiction of incorpor ...

Evolution Petroleum Corporation (NYSE:EPM) Q3 2023 Results Conference Call May 10, 2023 2:00 PM ET Company Participants Brandi Hudson - Investor Relations Manager Kelly Loyd - CEO, President & Director Mark Bunch - Chief Operating Officer Ryan Stash - SVP, CFO, Secretary, Compliance Officer & Treasurer Conference Call Participants Donovan Schafer - Northland Capital Markets John White - ROTH MKM Partners Bruce Brown - Brown Capital Management John Bair - Ascend Wealth Advisors Jeff Robertson - Water Tower ...

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 March 31, 2023 ☐ 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 jurisdiction of ...

Established PDP Production with Significant Upside Mature Natural Gas & NGL Production Marjorie Hargrave | Enservco, High Sierra Energy, Merrill Lynch Myra Bierria | Southern Company, Brobeck, Phleger & Harrison LLP 17 -- | --- | --- | --- | |----------|-------|----------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Appendix | | | | | | | | | | | | | | | | | | | | | | | | | | EVOLUTION Petroleum Corporation | 18 | Footnotes Slide 3: 1. Cash returned to s ...

Evolution Petroleum Corp (NYSE:EPM) Q2 2023 Earnings Conference Call February 8, 2023 2:00 PM ET Company Participants Ryan Stash - SVP, CFO, Secretary, Compliance Officer & Treasurer Kelly Loyd - CEO, President & Director Conference Call Participants Jeffrey Robertson - Water Tower Research John Bair - Ascend Wealth Advisors Donovan Schafer - Northland Capital Markets John White - ROTH MKM Partners Operator Good day, everyone, and welcome to the Evolution Petroleum Second Quarter Fiscal Year 2023 Earnings R ...

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 December 31, 2022 ☐ 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 jurisdiction ...

Evolution Petroleum Corporation (NYSE:EPM) Q1 2023 Earnings Conference Call November 9, 2022 2:00 PM ET Company Participants Ryan Stash - Senior VP, CFO, Secretary, Principal Accounting Officer & Treasurer Kelly Loyd - CEO, President & Director Conference Call Participants Donovan Schafer - Northland Capital Markets John White - ROTH Capital Partners Jeffrey Robertson - Water Tower Research John Bair - Ascend Wealth Advisors Operator Good day, and welcome to the Evolution Petroleum First Quarter Fiscal Year ...

Financial Performance - Generated revenue of $39.8 million and net income of $10.7 million for the first quarter of fiscal year 2023[139] - For the three months ended September 30, 2022, the company reported net income of $10.7 million, a 105.2% increase from $5.2 million in the same period of 2021[170] - Total revenues for the current quarter were $39.8 million, up 110.8% from $18.9 million in the prior year, driven by a 29.9% increase in average daily equivalent production[173] - Cash flows provided by operating activities rose by $11.8 million to $17.4 million, primarily due to increased revenues[165] - Income tax expense for the quarter was $3.1 million on net income before taxes of $13.8 million, compared to $1.5 million on $6.7 million in the prior year[189] Production and Operations - Production averaged 7,598 net BOEPD during the same period[140] - Average daily production increased from 5,848 BOEPD in the year-ago quarter to 7,598 BOEPD, primarily due to acquisitions in the Williston Basin and Jonah Field[173] - The company experienced a 27.2% decrease in NGL production, primarily due to ethane rejection at the Barnett Shale properties[173] Expenses and Costs - CO2 costs per BOE rose to $3.15, a significant increase from $1.70 in the prior year, driven by higher purchased CO2 volumes and costs[176] - Ad valorem and production taxes increased to $3.3 million from $1.2 million, reflecting higher oil and natural gas prices and increased production volumes[174] - Depletion expense rose by 133.0% from $1.4 million to $3.3 million due to increased production, with a per unit cost of $4.75 per BOE[180] - General and administrative expenses increased by 30.0% from $1.7 million to $2.3 million, primarily due to salary and consulting fees[184] - Interest expense increased by $0.2 million due to higher borrowings on the Senior Secured Credit Facility[186] Capital and Financing - Returned $4.0 million in cash dividends to shareholders, totaling over $90.3 million since the inception of the dividend program in December 2013[140] - The company has a share repurchase program authorized for up to $25 million through December 31, 2024[138] - The Senior Secured Credit Facility has a maximum capacity of $50.0 million, with $12.3 million drawn as of September 30, 2022[149] - Net cash flows used in financing activities increased by $10.5 million, primarily due to a $9.0 million repayment of borrowings[167] Price Realization - The average realized price per BOE increased by approximately $21.84, or 62.2%, compared to the previous year, reflecting higher oil and natural gas prices[173] - Average realized crude oil price per Bbl increased by 36.5% from $66.11 to $90.26[187] - Average realized natural gas price per Mcf increased by 115.1% from $3.70 to $7.96[187] Future Outlook - Anticipated capital expenditures for fiscal year 2023 are projected to be between $6.5 million and $9.5 million, excluding potential acquisitions[161] - The company expects energy prices to remain volatile and is monitoring commodity prices for potential derivative financial instrument usage[192]