Evolution Petroleum Q1 EPS Increased by Northland Securities

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM) – Investment analysts at Northland Securities raised their Q1 2027 earnings estimates for Evolution Petroleum in a research report issued on Thursday, September 17th. Northland Securities analyst J. Grampp now expects that the energy company will earn $0.01 per share for the quarter, up from their prior forecast of ($0.01). The consensus estimate for Evolution Petroleum’s current full-year earnings is $0.03 per share. Northland Securities also issued estimates for Evolution Petroleum’s Q4 2027 earnings at $0.01 EPS and FY2027 earnings at $0.09 EPS.

Evolution Petroleum (NYSEAMERICAN:EPM) last issued its earnings results on Tuesday, September 15th. The energy company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.03). Evolution Petroleum had a negative net margin of 2.81% and a negative return on equity of 5.31%. The business had revenue of $24.21 million for the quarter, compared to analysts’ expectations of $23.23 million.

Several other research firms have also commented on EPM. Alliance Global Partners reaffirmed a “buy” rating on shares of Evolution Petroleum in a research report on Tuesday, August 25th. Zacks Research upgraded Evolution Petroleum from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Evolution Petroleum presently has an average rating of “Moderate Buy” and a consensus target price of $4.85.

Evolution Petroleum Stock Up 1.7%

Shares of Evolution Petroleum stock opened at $3.69 on Friday. The company has a market cap of $132.66 million, a price-to-earnings ratio of -46.12 and a beta of 0.25. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.97. The company’s 50 day moving average is $3.69 and its 200 day moving average is $4.12. Evolution Petroleum has a twelve month low of $3.19 and a twelve month high of $5.53.

Evolution Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a dividend of $0.12 per share. The ex-dividend date is Monday, September 21st. This represents a $0.48 annualized dividend and a dividend yield of 13.0%. Evolution Petroleum’s dividend payout ratio (DPR) is presently 600.08%.

Institutional Trading of Evolution Petroleum

Several hedge funds have recently bought and sold shares of the stock. Equitable Holdings Inc. bought a new position in Evolution Petroleum during the second quarter valued at approximately $37,000. Kathmere Capital Management LLC purchased a new stake in shares of Evolution Petroleum during the 1st quarter valued at about $51,000. Chancellor Financial Group WB LP purchased a new position in Evolution Petroleum in the second quarter worth about $54,000. Arrowstreet Capital Limited Partnership purchased a new stake in Evolution Petroleum during the first quarter valued at approximately $75,000. Finally, Wellington Management Group LLP increased its position in shares of Evolution Petroleum by 19.6% during the 2nd quarter. Wellington Management Group LLP now owns 19,783 shares of the energy company’s stock valued at $73,000 after purchasing an additional 3,236 shares during the last quarter. Hedge funds and other institutional investors own 60.07% of the company’s stock.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation is an independent energy company engaged in the acquisition, development, and operation of oil and natural gas properties. The company focuses primarily on mature, long-life assets in the United States, with an emphasis on properties that can benefit from enhanced oil recovery, operational improvements, and additional development.

Evolution Petroleum’s flagship asset is its interest in the Delhi Field in northeastern Louisiana, where carbon dioxide is used in a miscible flood program to increase oil recovery from an established reservoir.