Welcome to our dedicated page for Evolution Petro news (Ticker: EPM), a resource for investors and traders seeking the latest updates and insights on Evolution Petro stock.
Evolution Petro (EPM) specializes in revitalizing established oil and gas fields through strategic capital deployment and advanced extraction technologies. This page serves as the definitive source for official press releases, operational updates, and financial developments related to the company's redevelopment projects.
Investors and industry observers will find timely updates on key activities including quarterly earnings reports, acquisitions of working interests in mature fields, and technological implementations that enhance production efficiency. The curated news collection enables stakeholders to track EPM's progress in converting underperforming assets into profitable reserves while maintaining awareness of broader market positioning.
All content is sourced directly from company communications and verified industry publications, ensuring reliability for financial decision-making. Regular updates cover critical developments such as partnership announcements, reserve optimization milestones, and operational strategy adjustments within evolving energy markets.
Bookmark this page for streamlined access to Evolution Petro's latest initiatives in oil and gas redevelopment. Check back frequently to monitor how the company leverages its expertise in mature field optimization within competitive energy landscapes.
Evolution Petroleum (EPM) announced participation in a fireside chat with Water Tower Research on March 23, 2023, at 2:00 PM Eastern Time. Executives Kelly Loyd and Mark Bunch will discuss the Company's total shareholder return framework, among other topics. Registration can be completed at this link. Evolution Petroleum focuses on maximizing shareholder returns through investments in onshore U.S. oil and natural gas properties, with operations in regions including Wyoming, North Dakota, and Texas. More details can be found on their website.
Evolution Petroleum (NYSE American:EPM) appointed J. Mark Bunch as Chief Operating Officer, creating a new role aimed at enhancing management and shareholder value. Kelly Loyd, the President and CEO, praised Bunch’s extensive experience in the oil and gas industry and emphasized his capabilities to maximize existing cash flow and form strategic partnerships. Bunch, with over 40 years in the sector and previously involved with Alamo Resources III and Davis Petroleum Corp, expressed eagerness to help achieve the Company’s strategic goals. Evolution Petroleum focuses on maximizing shareholder returns through investments in onshore oil and natural gas properties in the U.S.
Evolution Petroleum (NYSE American:EPM) reported strong financial results for Q2 of fiscal 2023, with revenues of $33.7 million, net income of $10.4 million (or $0.31 per diluted share). Year-to-date revenues surged 78% and net income rose 75% compared to the previous year. Daily production reached 7,418 BOEPD, a 37% increase YOY. The company declared a quarterly cash dividend of $0.12 per share for Q3, marking a 60% increase from last year. Notably, Evolution eliminated all debt worth $12.3 million, enhancing liquidity to $53.7 million. The company aims to sustain dividend growth and evaluate potential acquisitions.
Evolution Petroleum (NYSE American:EPM) will announce its financial results for the second quarter of fiscal year 2023 on February 7, 2023. Following the earnings release, an investor conference call is scheduled for February 8, 2023, at 2:00 p.m. Eastern. The call will feature CEO Kelly Loyd and CFO Ryan Stash discussing the results. Interested parties can join via telephone or through a webcast. The company focuses on maximizing shareholder returns through investments in onshore oil and natural gas properties across the United States.
FAQ
What is the current stock price of Evolution Petro (EPM)?
What is the market cap of Evolution Petro (EPM)?
