Evolution Petroleum (EPM) Receives a New Rating from Roth MKM

Roth MKM's Nicholas Pope initiated coverage on Evolution Petroleum with a Buy rating and a $5.00 price target. Pope, a 2-star analyst with a 0.1% average return and 42.55% success rate, focuses on the Energy sector. The analyst consensus for Evolution Petroleum is a Moderate Buy with a $4.50 average price target.

Northland Securities Sticks to Its Hold Rating for Evolution Petroleum (EPM)

Northland Securities analyst Jeff Grampp maintains a Hold rating on Evolution Petroleum with a price target of $4.00. Grampp, a 4-star analyst with a 7.6% average return, focuses on the Energy sector. The consensus on Evolution Petroleum remains a Hold, with an average price target of $4.00.

Evolution Petroleum’s Earnings Call: Mixed Results and Strategic Moves

Evolution Petroleum's Q1 earnings call revealed mixed results, with strong natural gas prices boosting revenues by 38%, despite a slight overall revenue decline to $21.3 million. The company faced challenges with net income dropping to $0.8 million due to lower oil prices and operational issues at its Delhi production site. However, it successfully acquired minerals and royalties in the SCOOP/STACK region, enhancing its growth prospects. The firm declared its 49th consecutive quarterly dividend, reflecting financial stability and commitment to shareholders, while maintaining a positive outlook for future growth.

Evolution Petroleum | 10-Q: FY2026 Q1 Revenue Misses Estimate at USD 21.29 M

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.