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, 2021 ☐ 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) Nevada 41-1781991 (State or other jurisd ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ 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) Nevada 41-1781991 (S ...

Evolution Petroleum Corporation (NYSE:EPM) Q2 2021 Earnings Conference Call February 4, 2021 2:00 PM ET Company Participants Ryan Stash - CFO Jason Brown - CEO Conference Call Participants John White - ROTH Capital Partners Jeff Grampp - Northland Capital Markets Erik Volfing - Grand Slam John Bayer - Sun Wealth Advisors Operator Good day, ladies and gentlemen, and welcome to the Evolution Petroleum Second Quarter Fiscal 2021 Earnings Release Conference Call. At this time, all participants have been placed ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 ☐ 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) Nevada 41-1781991 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ 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) Nevada 41-178199 ...

Evolution Petroleum Corporation (NYSE:EPM) Q1 2021 Earnings Conference Call November 6, 2020 2:00 PM ET Company Participants David Joe - Chief Financial Officer Jason Brown - President and Chief Executive Officer Conference Call Participants Jeff Grampp - Northland Capital Rich Howard - Boiling Point Resources Andrew Bond - AGP Alliance Global John White - ROTH Capital Operator Good day, ladies and gentlemen, and welcome to the Evolution Petroleum First Quarter Fiscal 2021 earnings release conference call. ...

Evolution Petroleum Corporation (NYSE:EPM) Q4 2020 Earnings Conference Call September 10, 2020 10:00 AM ET Company Participants David Joe - Chief Financial Officer Jason Brown - President and Chief Executive Officer Conference Call Participants John White - ROTH Capital Jeff Grampp - Northland Capital David Snow - Energy Equities Incorporated Andrew Bond - AGP Alliance Global Rich Howard - Boiling Point Resources Operator Good day, ladies and gentlemen and welcome to Evolution Petroleum Fourth Quarter and F ...

Forward-Looking Statements and Risk Factors - The company emphasizes the importance of forward-looking statements and the associated risk factors that could lead to actual results differing materially from expectations[11]. - The company does not undertake to update forward-looking statements except as required by law, advising stakeholders to review periodic filings for further disclosures[12]. Financial Performance - Total revenues for the year ended June 30, 2020, were $29,599,296, a decrease of 31.5% compared to $43,229,621 for the year ended June 30, 2019[346]. - Net income attributable to common shareholders for the year ended June 30, 2020, was $5,937,072, down from $15,377,066 in the previous year, representing a decline of 61.4%[346]. - The company reported a basic and diluted earnings per share of $0.18 for the year ended June 30, 2020, compared to $0.46 for the year ended June 30, 2019[346]. - Net cash provided by operating activities decreased to $12,396,651 in 2020 from $24,057,900 in 2019, representing a decline of 48.6%[352]. - Revenues for the first quarter of fiscal 2020 were $9,152,215, compared to $12,307,079 in the first quarter of fiscal 2019, reflecting a decrease of approximately 25.5%[502]. - The net income attributable to common shareholders for the first quarter of fiscal 2020 was a loss of $2,786,164, compared to a profit of $5,795,801 in the first quarter of fiscal 2019[502]. - Basic earnings per common share for the first quarter of fiscal 2020 were $(0.07), compared to $0.18 in the first quarter of fiscal 2019[502]. Cash and Assets - Cash and cash equivalents decreased to $19,662,528 as of June 30, 2020, from $31,552,533 as of June 30, 2019, reflecting a decline of 37.7%[343]. - Total assets as of June 30, 2020, were $92,138,236, down from $95,761,844 as of June 30, 2019, indicating a decrease of 3.3%[343]. - The company’s retained earnings decreased to $32,800,080 as of June 30, 2020, from $37,603,762 as of June 30, 2019, reflecting a decline of 13.5%[343]. - The company’s prepaid expenses and other current assets increased to $491.686 million as of June 30, 2020, from $458.278 million in the previous year[408]. Liabilities and Debt - Total liabilities increased to $18,013,754 as of June 30, 2020, compared to $15,635,986 as of June 30, 2019, marking an increase of 15.2%[343]. - The company completed its spring redetermination of the credit facility on April 27, 2020, resulting in a decrease of the borrowing base to $27 million, with borrowings limited to approximately $8 million as of June 30, 2020[458]. - The company had no borrowings outstanding under the credit facility as of June 30, 2020, and was in compliance with all financial covenants[459]. Production and Costs - Production costs for the year ended June 30, 2020, were $13,505,502, a slight decrease from $14,266,784 in the previous year[346]. - Total costs incurred for oil and natural gas activities amounted to $11,768,226 for the year ended June 30, 2020, compared to $5,229,235 for the year ended June 30, 2019, representing a significant increase[486]. - Development costs incurred during the fiscal year were $1,431,444, down from $2,089,139 in the previous year[501]. Revenue Sources - Crude oil revenues decreased to $28,578,879 in 2020 from $40,779,052 in 2019, representing a decline of 30%[395]. - The company derived 87% of its net oil and natural gas revenues from Plains Marketing L.P. for the year ended June 30, 2020[467]. Derivative Instruments and Risk Management - The company entered into NYMEX WTI oil swaps covering approximately 42,000 barrels per month at a fixed swap price of $32.00 per barrel for the period of April 2020 through December 2020[332]. - The company did not post collateral under its derivative contracts as of June 30, 2020, indicating an uncollateralized trade[333]. - The company recorded a net gain of $1,383,204 on derivative contracts for the year ended June 30, 2020, with realized losses of $(528,139) and unrealized gains of $1,911,343[474]. Tax and Regulatory Matters - The company recognized an income tax benefit of $(2.2) million for the year ended June 30, 2020, reflecting an effective tax rate of (58.1)%[449]. - The company recorded a net tax benefit of $2.8 million during the current year, primarily due to Enhanced Oil Recovery credits[449]. Shareholder Activities - Common stock dividends paid decreased to $10,740,754 in 2020 from $13,272,058 in 2019, a reduction of 19.0%[355]. - Common share repurchases totaled $2,483,357 in 2020, significantly higher than $156,791 in 2019[355]. - The company repurchased 440,666 common shares at an average price of $5.51 per share under its share repurchase program during the year ended June 30, 2020[426]. Asset Retirement Obligations - The company recorded asset retirement obligations of $2.589 million as of June 30, 2020, an increase from $1.611 million in the previous year[419]. - Significant Level 3 inputs for asset retirement obligations include costs for plugging and abandoning wells and surface restoration[486]. Reserves and Future Cash Flows - Proved oil and natural gas reserves as of June 30, 2020, were estimated at 10,218,826 BOE, an increase from 8,980,492 BOE as of June 30, 2019[492]. - The standardized measure of discounted future net cash flows related to proved oil and natural gas reserves was $62,490,836 as of June 30, 2020, down from $126,732,042 as of June 30, 2019, indicating a decrease of approximately 50.7%[497]. - Future cash inflows for 2020 were estimated at $399,358,481, compared to $524,037,200 for 2019, reflecting a decrease of about 23.7%[497]. Employee Compensation and Benefits - The company has a 401(k) Retirement Plan with matching contributions totaling $41,127 for the year ended June 30, 2020[469]. - The total stock-based compensation expense recognized for the years ended June 30, 2020, and 2019 was $1,285,663 and $888,162, respectively[443].

AEVOLUTION Petroleum Corporation Jason Brown President & Chief Executive Officer June 2020 Disclaimer NYSE American: EPM Forward Looking Statements This presentation contains "forward-looking statements." Such statements may relate to capital expenditures, drilling and exploitation activities, production efforts and sales volumes, Proved, Probable, and Possible reserves, operating and administrative costs, future operating or financial results, cash flow and anticipated liquidity, business strategy and pote ...

Evolution Petroleum Corporation (NYSE:EPM) Q3 2020 Earnings Conference Call May 7, 2020 2:00 PM ET Company Participants David Joe – Chief Financial Officer Jason Brown – President and Chief Executive Officer Conference Call Participants Jeff Grampp – Northland John White – ROTH Bhakti Pavani – Alliance Global Partners John Bair – Ascend Wealth Advisors Rich Howard – Boiling Point Operator Good day, ladies and gentlemen, and welcome to your Evolution Petroleum Third Quarter Fiscal 2020 Earnings Release Confe ...