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 Petroleum Corporation (NYSE American: EPM) is an independent energy company focused on owning and investing in onshore oil and natural gas properties in the United States. The EPM news page on Stock Titan aggregates company announcements, earnings releases, operational updates, and transaction news so readers can follow how Evolution’s strategy and asset base are developing over time.
According to its public statements, Evolution seeks to maximize total shareholder returns by maintaining a diversified portfolio of long-life oil and natural gas properties. Its news flow frequently covers quarterly and annual financial results, including production levels in barrels of oil equivalent per day, revenue contributions from crude oil, natural gas, and natural gas liquids, and non-GAAP metrics such as Adjusted EBITDA as described in company releases. These updates often include commentary on commodity price trends and how they affect the company’s mix of oil, natural gas, and NGL revenue.
Investors can also find acquisition and development news, such as Evolution’s TexMex acquisition of non-operated oil and natural gas assets in New Mexico, Texas, and Louisiana, and its mineral and royalty acquisition in the SCOOP/STACK area of Oklahoma. Operational updates from areas like Chaveroo, Barnett Shale, Jonah Field, Delhi Field, and the Williston Basin provide additional context on well performance, maintenance activities, and field-level initiatives.
Another recurring theme in EPM news is the company’s dividend policy and capital allocation. Press releases and related 8-K filings detail decisions by the Board of Directors to declare quarterly cash dividends, including a long series of consecutive payments at a stated per-share rate. Readers can use this page to monitor dividend declarations, conference call schedules, and other corporate communications. For investors and analysts tracking EPM, bookmarking this news feed offers a centralized view of the company’s latest financial, operational, and strategic disclosures.
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Evolution Petroleum Corporation (NYSE American: EPM) announced the release of its financial and operational results for the first quarter ending September 30, 2021, on November 9, 2021, after market close. An investor conference call will follow on November 10, 2021, at 2:00 p.m. Eastern. The call will feature President & CEO Jason Brown and CFO Ryan Stash. Evolution focuses on sustainable dividend yields through oil and natural gas management in the U.S., emphasizing CO2 enhanced oil recovery and diverse asset acquisition.
Evolution Petroleum (NYSE American:EPM) reported significant operational and financial growth for the fiscal year ending June 30, 2021. Highlights include a 156% increase in production to 4,378 BOEPD, a quarterly net income of $2.2 million ($0.07/share), and a 50% dividend increase to $0.075 per share. The company completed the acquisition of Barnett Shale assets for $18.3 million, boosting proved reserves by 129% to 23.4 MMBOE. Total revenue for the year was $32.7 million, with oil revenue slightly down at $26.4 million. Despite challenges, a strong balance sheet remains with no net debt.
Evolution Petroleum (EPM) has declared a cash dividend of $0.075 per share for Q1 FY2022, marking the 32nd consecutive quarterly dividend. This represents a substantial 50% increase from the previous rate and is 150% higher than last year’s dividend. The increase is attributed to improved commodity prices and cash flow from recent acquisitions, particularly in the Barnett Shale. Over $77 million has been distributed to shareholders since dividend initiation in 2013, showcasing ongoing commitment to shareholder returns.
Evolution Petroleum Corporation (NYSE American: EPM) will announce its financial results for the fiscal year ending June 30, 2021, on September 13, 2021, after market close. An investor conference call for review will take place on September 14, 2021, at 2:00 p.m. Eastern, hosted by President & CEO Jason Brown and CFO Ryan Stash. The call can be accessed at 844-369-8770 (U.S. & Canada toll-free) or via webcast at this link. A replay will be available post-call until December 13, 2021.
Evolution Petroleum (NYSE American: EPM) reported a significant increase in its proved reserves for the fiscal year ending June 30, 2021, totaling 23.4 MMBOE, up from 10.2 MMBOE in the previous year. This increase was bolstered by the acquisition of long-life producing assets in the Barnett Shale, adding 13.1 MMBOE. Positive revisions occurred at the Delhi and Hamilton Dome fields, thanks to resuming operations and favorable pricing. The SEC pricing used was $49.72 per barrel of oil and $2.46 per MCF of natural gas.
Evolution Petroleum Corporation (NYSE American:EPM) announced that its President & CEO, Jason Brown, and CFO, Ryan Stash, will participate in the virtual East Coast IDEAS Investor Conference on June 16-17, 2021. The presentation will be available at 7:00 am CST on June 16 and can be accessed through the conference website and Evolution's investor relations page. The IDEAS Conferences aim to connect quality companies with investment professionals. Evolution focuses on sustainable dividend yields and holds significant oil and gas assets in the U.S.
Evolution Petroleum (EPM) reported a 32% surge in revenues to $7.6 million for Q3 ended March 31, 2021, primarily driven by a 38% increase in average realized oil prices. The company declared a 67% increase in the upcoming dividend to $0.05 per share, marking its 31st consecutive payout. Despite a 5% decline in production to 1,708 BOEPD, cash flow exceeded the dividend, ending the quarter with $17 million in cash and no debt. The acquisition of Barnett Shale assets for $18.2 million was finalized, adding significant natural gas reserves and production capacity.
Evolution Petroleum has successfully closed an acquisition of non-operated oil and gas assets in the Barnett Shale for $18.2 million, enhancing its asset base and supporting long-term dividend strategies. The acquisition, effective January 1, 2021, includes approximately 21,000 net acres and adds 50 Bcf of natural gas and 5 MMBls of liquids proved reserves. This move diversifies Evolution's portfolio into gas, improving the sustainability of dividends and reducing volatility risk, as stated by CEO Jason Brown.
Evolution Petroleum Corporation (NYSE American:EPM) will release its financial and operational results for the quarter ending March 31, 2021, on May 10, 2021. An investor conference call will follow on May 11, 2021, at 2:00 p.m. Eastern to discuss these results, featuring President & CEO Jason Brown and CFO Ryan Stash. The call can be accessed by calling 888-506-0062 or via webcast on the company’s website. Evolution Petroleum aims to provide a sustainable dividend yield through the management and development of oil and gas properties, focusing on diversified asset acquisition.