Evolution Petroleum (US:EPM) ZACKSยท2025-05-09 14:20Core Viewpoint - Evolution Petroleum (EPM) is expected to report quarterly earnings of $0.04 per share, a 33.3% increase year-over-year, while revenues are forecasted to decline by 3% to $22.34 million [1] Earnings Estimates - The consensus EPS estimate has been revised down by 75% over the last 30 days, indicating a significant reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Key Metrics Projections - Total oil and gas production per day is projected to be 6,876.00 BOE/D, down from 7,209 BOE/D in the same quarter last year [5] - The average sales price for crude oil is estimated at $67.70, compared to $73.06 in the same quarter of the previous year [5] - The average sales price for natural gas liquids is expected to be $25.22, slightly down from $25.26 year-over-year [6] - Production of natural gas is anticipated to be 2,008,765.00 MMcf, down from 2,115,000 MMcf in the same quarter last year [6] - Production of crude oil is projected at 184,505.00 MBBL, compared to 199,000 MBBL in the same quarter last year [7] - Production of natural gas liquids is expected to reach 103,020.00 MBBL, slightly down from 104,000 MBBL year-over-year [7] Stock Performance - Evolution Petroleum shares have decreased by 1.2% over the past month, contrasting with a 13.7% increase in the Zacks S&P 500 composite [8] - With a Zacks Rank of 5 (Strong Sell), EPM is expected to underperform the overall market in the near term [8]