– Fiscal Q1 Revenues Up 6% Y/Y to $21.9 Million, Driven by Record Oil Production – – Fiscal Q1 Net Income Increases to $2.1 Million; Adjusted EBITDA up 21% Y/Y to $8.1 Million – HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal first quarter ended Septe...
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced that it plans to release its fiscal first quarter 2025 financial and operating results on Tuesday, November 12, 2024, after the market closes. Additionally, Kelly Loyd, President and Chief Executive Officer, Ryan Stash, Senior Vice President, Chief Finan...
Evolution Petroleum is a BUY due to prudent financial management, strong cost control, and a focus on dividends rather than extraordinary stock price growth. FY2024 saw new asset acquisitions in SCOOP/STACK and Chaveroo, enhancing production flexibility and resilience with a diversified product mix. Despite a 33% revenue drop, cost reductions and strategic acquisitions led to a manageable net d...
Evolution Petroleum Corporation (NYSE:EPM ) Q4 2024 Results Conference Call September 11, 2024 11:00 AM ET Company Participants Brandi Hudson - IR Manager Kelly Loyd - President and CEO Mark Bunch - COO Ryan Stash - SVP, CFO and Treasurer Conference Call Participants Donovan Schafer - Northland capital John White - ROTH Capital Jeff Robertson - Water Tower Research Bruce Brown - Brown Capital O...
- Fiscal Q4 Revenues Up 17% Y/Y to $21.2 Million - - Fiscal Q4 Net Income Increases to $1.2 Million; Adjusted EBITDA up 72% Y/Y to $8.0 Million - HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal fourth quarter and full year ended June 30, 2024.
Evolution Petroleum to release FYE 2024 results on Sept. 10 and host conference call on Sept. 11 at 10:00 a.m. CT — details at ir.evolutionpetroleum.com.
I calculate a $268M intrinsic value for Evolution in the medium run, based on slightly recovering gas prices. That is $8.16/share. Evolution's management knows to buy counter-cyclical assets at depressed prices. Market fears have dropped the stock by 45%. Assuming no systemic shocks, Evolution will likely be paying down its debt while paying an 8.80% dividend yield.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.