Evolution Petroleum Corporation (NYSE:EPM – Free Report) – Analysts at Roth Capital lowered their Q2 2025 earnings estimates for Evolution Petroleum in a research note issued on Thursday, February 6th. Roth Capital analyst J. White now forecasts that the company will post earnings of ($0.01) per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for Evolution Petroleum’s current full-year earnings is $0.28 per share.
Other analysts have also issued reports about the stock. StockNews.com upgraded shares of Evolution Petroleum from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Northland Securities decreased their price target on shares of Evolution Petroleum from $7.00 to $6.50 and set an “outperform” rating for the company in a research note on Thursday. Finally, Northland Capmk upgraded shares of Evolution Petroleum to a “strong-buy” rating in a report on Thursday, October 17th.
Evolution Petroleum Price Performance
NYSE:EPM opened at $5.25 on Friday. The company has a market cap of $176.40 million, a P/E ratio of 48.27 and a beta of 0.87. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.50. Evolution Petroleum has a 1-year low of $4.59 and a 1-year high of $6.28. The stock has a 50 day moving average price of $5.41.
Hedge Funds Weigh In On Evolution Petroleum
A number of institutional investors have recently bought and sold shares of the stock. State Street Corp lifted its position in shares of Evolution Petroleum by 1.0% during the 3rd quarter. State Street Corp now owns 665,239 shares of the company’s stock valued at $3,532,000 after buying an additional 6,675 shares in the last quarter. Register Financial Advisors LLC raised its position in shares of Evolution Petroleum by 0.8% during the 4th quarter. Register Financial Advisors LLC now owns 289,902 shares of the company’s stock valued at $1,516,000 after purchasing an additional 2,303 shares during the period. Raymond James Financial Inc. bought a new position in Evolution Petroleum in the 4th quarter worth $1,477,000. CWA Asset Management Group LLC increased its stake in Evolution Petroleum by 9.7% in the 4th quarter. CWA Asset Management Group LLC now owns 234,562 shares of the company’s stock worth $1,227,000 after buying an additional 20,692 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in Evolution Petroleum during the third quarter valued at about $297,000. 60.07% of the stock is owned by institutional investors.
Evolution Petroleum Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.48 dividend on an annualized basis and a yield of 9.14%. Evolution Petroleum’s dividend payout ratio is currently 342.88%.
About Evolution Petroleum
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.
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