EPM Stock Recent News

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 Operator Good morning, and welcome to the Evolution Petroleum Fourth Quarter and Fiscal Year 2024 Earnings Release Conference Call. All participants will be in listen-only mode.

- 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.

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.

The recent acquisitions have led to considerable growth opportunities in the conventional and unconventional business. Evolution Petroleum is transitioning from high-cost secondary recovery to conventional and unconventional business through small interest purchases. Recent $40 million purchase in Anadarko, Oklahoma marks a significant shift in the company's focus.

Investors need to pay close attention to Evolution Petroleum (EPM) stock based on the movements in the options market lately.

Evolution Petroleum (EPM) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago.

HOUSTON, April 23, 2024 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced that it plans to release its fiscal third quarter 2024 financial and operating results on Tuesday, May 7, 2024, after the market closes. Additionally, Kelly Loyd, President and Chief Executive Officer, Ryan Stash, Senior Vice President, Chief Financial Officer, and Treasurer, and Mark Bunch, Chief Operating Officer, will review the results on a conference call at 10:00 a.m.

In the latest trading session, Evolution Petroleum (EPM) closed at $6.25, marking no change from the previous day.

The latest trading day saw Evolution Petroleum (EPM) settling at $6.14, representing a +1.66% change from its previous close.

Evolution Petroleum (EPM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.