Q2 EPS Estimates for Evolution Petroleum Boosted by Analyst

Key Points

• Northland Securities raised its Q2 2027 EPS estimate for Evolution Petroleum to $0.03 from $0.01, while maintaining an “Outperform” rating and a $4.00 price target.
• Analyst sentiment is broadly favorable, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $4.77 based on three Buy and two Hold ratings.
• Evolution Petroleum shares opened at $3.70, near their 50-day average of $3.69, while institutional investors own 60.07% of the company.

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM - Free Report) - Equities research analysts at Northland Securities increased their Q2 2027 earnings estimates for Evolution Petroleum in a research report issued on Friday, August 28th. Northland Securities analyst J. Grampp now anticipates that the energy company will post earnings of $0.03 per share for the quarter, up from their prior forecast of $0.01. Northland Securities currently has a "Outperform" rating and a $4.00 target price on the stock. The consensus estimate for Evolution Petroleum's current full-year earnings is ($0.06) per share. Northland Securities also issued estimates for Evolution Petroleum's Q3 2027 earnings at $0.03 EPS, Q4 2027 earnings at $0.00 EPS and FY2027 earnings at $0.05 EPS.

A number of other brokerages also recently weighed in on EPM. Zacks Research upgraded Evolution Petroleum from a "strong sell" rating to a "hold" rating in a report on Friday. Alliance Global Partners reissued a "buy" rating on shares of Evolution Petroleum in a research note on Tuesday, August 25th. Finally, Freedom Capital lowered Evolution Petroleum from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $4.77.

Evolution Petroleum Price Performance

EPM opened at $3.70 on Tuesday. The firm has a market capitalization of $133.01 million, a P/E ratio of -33.64 and a beta of 0.25. The stock has a fifty day moving average of $3.69 and a 200-day moving average of $4.18. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.97. Evolution Petroleum has a 12-month low of $3.19 and a 12-month high of $5.70.

Institutional Investors Weigh In On Evolution Petroleum

Large investors have recently bought and sold shares of the business. Comerica Bank raised its holdings in Evolution Petroleum by 894.0% during the third quarter. Comerica Bank now owns 6,908 shares of the energy company's stock valued at $33,000 after buying an additional 6,213 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Evolution Petroleum by 163.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,194 shares of the energy company's stock worth $39,000 after acquiring an additional 5,083 shares in the last quarter. Equitable Holdings Inc. bought a new stake in shares of Evolution Petroleum during the 2nd quarter worth about $37,000. StoneX Group Inc. bought a new stake in shares of Evolution Petroleum during the 4th quarter worth about $36,000. Finally, Franklin Resources Inc. acquired a new position in shares of Evolution Petroleum during the 3rd quarter valued at about $53,000. 60.07% of the stock is currently owned by institutional investors.

About Evolution Petroleum

Evolution Petroleum Corporation (NYSE American: EPM) is an independent oil and natural gas company focused on enhanced oil recovery (EOR) through the use of carbon dioxide. Headquartered in Houston, Texas, the company specializes in acquiring and developing mature hydrocarbon reservoirs that benefit from CO₂ injection to increase production efficiency. Evolution Petroleum's business model combines property acquisition, reservoir engineering, and CO₂ management to optimize recovery of oil and associated gas.

The company's primary asset is the Jackson Dome CO₂ field in southwestern Mississippi, where natural carbon dioxide is produced, separated and reinjected into adjacent oil-bearing formations.

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