Evolution Petroleum (NYSEAMERICAN:EPM) Trading Up 2.8% - Should You Buy?

Key Points

• Evolution Petroleum's shares rose by 2.8% to trade at $4.78, with trading volume increasing by 23% compared to its average daily volume.
• The company's market cap stands at $164 million and it has a P/E ratio of -159.33.
• Evolution Petroleum focuses on onshore oil and gas properties in the U.S., particularly a CO2 enhanced oil recovery project in Louisiana's Delhi field.

Shares of Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM - ) were up 2.8% during mid-day trading on Tuesday . The company traded as high as $4.78 and last traded at $4.78. Approximately 204,153 shares were traded during trading, an increase of 23% from the average daily volume of 166,077 shares. The stock had previously closed at $4.65.

Evolution Petroleum Trading Up 2.8%

The company has a market cap of $164.00 million, a P/E ratio of -159.33 and a beta of 0.60. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88. The company has a 50 day moving average of $4.84.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of approximately 13,636 acres located in Northeast Louisiana.

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