Evolution Petroleum (EPM) Stock Price, News & Analysis

Company Overview

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 interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of approximately 13,636 acres located in Northeast Louisiana. The company also holds interests in the Hamilton Dome field covering 5,908 acres located in Hot Springs County, Wyoming; Barnett Shale field covering an area of 123,777 acres located in North Texas; Williston Basin covering an area of 145,743 acres located in North Dakota; Jonah Field covering an area of 5,280 acres located in Sublette County, Wyoming; and small overriding royalty interests in four onshore central Texas wells. Evolution Petroleum Corporation was founded in 2003 and is based in Houston, Texas.

Key Stats

• Today's Range: $5.54 to $5.77
• 50-Day Range: N/A
• 52-Week Range: $4.59 to $7.26
• Volume: 210,664 shs
• Average Volume: 309,868 shs
• Market Capitalization: $191.82 million
• P/E Ratio: 71.88
• Dividend Yield: 8.35%
• Price Target: $8.25
• Consensus Rating: Buy

Evolution Petroleum Stock Analysis - MarketRank™

Evolution Petroleum scored higher than 55% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Evolution Petroleum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Evolution Petroleum has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Evolution Petroleum is 71.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Evolution Petroleum is 71.88, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.39.

Price to Book Value per Share Ratio

Evolution Petroleum has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.81% of the float of Evolution Petroleum has been sold short.

Short Interest Ratio / Days to Cover

Evolution Petroleum has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Evolution Petroleum has recently increased by 2.68%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Evolution Petroleum is a leading dividend payer. It pays a dividend yield of 8.91%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Evolution Petroleum does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Evolution Petroleum is 600.08%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.81% of the float of Evolution Petroleum has been sold short.

Short Interest Ratio / Days to Cover

Evolution Petroleum has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Evolution Petroleum has recently increased by 2.68%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: -0.95

News Sentiment

Evolution Petroleum has a news sentiment score of -0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Evolution Petroleum this week, compared to 1 article on an average week.

Search Interest

Only 9 people have searched for EPM on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Evolution Petroleum insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.70% of the stock of Evolution Petroleum is held by insiders.

Percentage Held by Institutions

60.07% of the stock of Evolution Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EPM Stock Analysis - Frequently Asked Questions

How have EPM shares performed this year?

Evolution Petroleum's stock was trading at $5.68 at the beginning of 2024. Since then, EPM shares have increased by 1.2% and is now trading at $5.75.
View the best growth stocks for 2024 here.

How were Evolution Petroleum's earnings last quarter?

Evolution Petroleum Co. (NYSEAMERICAN:EPM) released its quarterly earnings data on Tuesday, September, 10th. The energy company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.06 by $0.03. The energy company earned $21.23 million during the quarter, compared to the consensus estimate of $24.44 million. Evolution Petroleum had a trailing twelve-month return on equity of 5.30% and a net margin of 4.75%.

Who are Evolution Petroleum's major shareholders?

Top institutional shareholders of Evolution Petroleum include Dimensional Fund Advisors LP (4.01%), Renaissance Technologies LLC (3.94%), American Century Companies Inc. (1.72%) and Bank of New York Mellon Corp (1.20%).
View institutional ownership trends.

How do I buy shares of Evolution Petroleum?

Shares of EPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Evolution Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Evolution Petroleum investors own include Reata Pharmaceuticals (RETA), Advanced Micro Devices (AMD), Approach Resources (AREX), Trevena (TRVN), Vivint Solar (VSLR).

Company Calendar

• Ex-Dividend for 6/28 Dividend: 6/14/2024
• Dividend Payable: 6/28/2024
• Last Earnings: 9/10/2024
• Today: 9/17/2024
• Ex-Dividend for 9/30 Dividend: 9/20/2024
• Dividend Payable: 9/30/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSEAMERICAN:EPM
• Previous Symbol: NYSE:EPM
• CUSIP: 30049A10
• CIK: 1006655
• Web: www.evolutionpetroleum.com
• Phone: (713) 935-0122
• Fax: 713-935-0199
• Employees: 8
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.25
• High Stock Price Target: $8.25
• Low Stock Price Target: $8.25
• Potential Upside/Downside: +43.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.08
• Trailing P/E Ratio: 71.88
• Forward P/E Ratio: 13.69
• P/E Growth: N/A
• Net Income: $35.22 million
• Net Margins: 4.75%
• Pretax Margin: 5.21%
• Return on Equity: 5.30%
• Return on Assets: 3.29%

Debt

• Debt-to-Equity Ratio: 0.51
• Current Ratio: 1.49
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: $85.88 million
• Price / Sales: 2.23
• Cash Flow: $1.53 per share
• Price / Cash Flow: 3.76
• Book Value: $2.77 per share
• Price / Book: 2.08

Miscellaneous

• Outstanding Shares: 33,360,000
• Free Float: 30,789,000
• Market Cap: $191.82 million
• Optionable: Not Optionable
• Beta: 0.81