Q1 EPS Estimate for Evolution Petroleum Reduced by Analyst

Evolution Petroleum Corporation (NYSE:EPM - Free Report) - Roth Capital cut their Q1 2025 EPS estimates for Evolution Petroleum in a research report issued on Wednesday, October 16th. Roth Capital analyst J. White now anticipates that the company will earn $0.04 per share for the quarter, down from their previous estimate of $0.06. The consensus estimate for Evolution Petroleum's current full-year earnings is $0.42 per share.

Evolution Petroleum (NYSE:EPM - Get Free Report) last posted its quarterly earnings results on Tuesday, September 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.03). The company had revenue of $21.23 million for the quarter, compared to the consensus estimate of $24.44 million. Evolution Petroleum had a net margin of 4.75% and a return on equity of 5.39%.

Separately, StockNews.com upgraded shares of Evolution Petroleum to a "sell" rating in a research report on Sunday, September 15th.

Evolution Petroleum Price Performance

EPM traded up $0.08 during trading on Thursday, hitting $5.42. 227,370 shares of the company traded hands, compared to its average volume of 299,817. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.37 and a current ratio of 1.37. The firm has a market cap of $180.80 million, a P/E ratio of 66.38 and a beta of 0.82. Evolution Petroleum has a one year low of $4.59 and a one year high of $6.62.

Hedge Funds Weigh In On Evolution Petroleum

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPM. Creative Planning bought a new position in Evolution Petroleum during the third quarter worth about $53,000. SG Americas Securities LLC purchased a new stake in shares of Evolution Petroleum in the third quarter worth about $56,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Evolution Petroleum in the third quarter worth about $297,000. Institutional investors own 60.07% of the company's stock.

Evolution Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.48 dividend on an annualized basis and a yield of 8.86%. Evolution Petroleum's dividend payout ratio is presently 600.00%.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds a non-operated interests in the SCOOP and STACK plays located in Central Oklahoma; the Chaveroo Field situated in Chaves and Roosevelt Counties, New Mexico; the Jonah Field located in Sublette County, Wyoming; the Williston Basin situated in Williston, North Dakota; the Barnett Shale field located in North Texas; the Hamilton Dome situated in Hot Springs County, Wyoming; and the Delhi Field, an onshore CO2-EOR project located in northeast Louisiana in Franklin, Madison, and Richland Parishes, as well as small overriding royalty interests in four onshore central Texas wells.