Evolution Petroleum Posts $0.8 Million Net Income on $12.9 Million Crude Oil Revenue for Q1 2026
Evolution Petroleum Corporation reported a net income of $0.8 million for Q1 2026, down 60.1% from $2.1 million in Q1 2025. Total revenues from crude oil, natural gas, and NGLs were $21.3 million, slightly lower than $21.9 million a year earlier. Crude oil revenues fell to $12.9 million from $14.7 million, a 12.7% decrease. Average daily production was 7,315 BOEPD, down 2.2%, impacted by downtime and natural declines, though partially offset by new acquisitions. The average realized commodity price decreased by 0.6%. The company paid $4.0 million in cash dividends during the quarter.
Evolution Petroleum Corporation reported net income of $0.8 million for the three months ended September 30, 2025, down from $2.1 million in the same period in 2024, reflecting a decrease of 60.1%. Revenues from crude oil, natural gas, and NGLs totaled $21.3 million, compared to $21.9 million a year earlier. Crude oil revenues declined to $12.9 million from $14.7 million, a decrease of 12.7%. Average daily equivalent production was 7,315 BOEPD, down 2.2% from the prior year period, primarily due to downtime at the Delhi NGL plant and natural production declines. The decrease in production was partially offset by new production from the Minerals Acquisition in August 2025 and TexMex Acquisition in April 2025. The average realized commodity price decreased by 0.6% compared to the prior year period. The company paid $4.0 million in cash dividends to common stockholders during the quarter. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evolution Petroleum Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-110387), on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
