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Evolution Petroleum Corporation - $EPM STOCK NEWS

Welcome to our dedicated page for Evolution Petroleum Corporation news (Ticker: $EPM), a resource for investors and traders seeking the latest updates and insights on Evolution Petroleum Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Evolution Petroleum Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Evolution Petroleum Corporation's position in the market.

Rhea-AI Summary
Evolution Petroleum Corporation announces financial results for Q4 and fiscal year 2023, with increased revenue and net income. Declares quarterly cash dividend of $0.12 per share. Maintains liquidity and balance sheet strength. Paid down $21.25 million in debt. Increased production by 19% YoY. Repurchased $3.9 million of common shares. Total revenues increased 18% to $128.5 million. Net income increased to $35.2 million. LOE increased to $59.5 million. G&A expenses increased to $7.9 million. Adjusted EBITDA increased to $60.1 million. Q4 production decreased due to downtime and maintenance. Q4 total revenue decreased by 51%. LOE decreased by 13%. Net income for Q4 was $0.2 million. Adjusted EBITDA for Q4 was $4.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.9%
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dividends earnings
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Rhea-AI Summary
Evolution Petroleum Corporation plans to release its fiscal year-end 2023 financial and operating results on September 12, 2023, after the market closes. The results will be reviewed on a conference call on September 13, 2023, at 1:00 p.m. Central Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.23%
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dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.22%
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conferences
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Rhea-AI Sentiment
End-of-Day
2.38%
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management
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
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dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.16%
Tags
dividends earnings
Evolution Petroleum Corporation

NYSE:EPM

EPM Rankings

EPM Stock Data

185.01M
29.50M
9.51%
60.98%
2.88%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About EPM

evolution petroleum is focused on acquiring controlling working interests in oil and gas resources within established fields and redeveloping those fields through the application of capital and technology to convert the oil and gas resources into profitable producing reserves.