Q3 EPS Estimate for Evolution Petroleum Raised by Analyst

Key Points

• Northland Securities raised its Q3 2026 EPS estimate for Evolution Petroleum to $0.03 from ($0.01) and projects Q4 2026 at $0.03 with FY2026 EPS of $0.07.
• Shares jumped about 6.7% to open at $4.80; the company has a market cap of $168 million and a P/E of 60, indicating a small-cap stock trading at a high multiple.
• Evolution pays a quarterly $0.12 dividend (a 10.0% yield) but carries a very high payout ratio of ~600%, which may make the dividend unsustainable.

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM - Free Report) - Analysts at Northland Securities boosted their Q3 2026 earnings per share (EPS) estimates for Evolution Petroleum in a report issued on Wednesday, April 22nd. 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 previous forecast of ($0.01). The consensus estimate for Evolution Petroleum's current full-year earnings is ($0.02) per share. Northland Securities also issued estimates for Evolution Petroleum's Q4 2026 earnings at $0.03 EPS, FY2026 earnings at $0.07 EPS and FY2027 earnings at $0.03 EPS.

Evolution Petroleum Stock Up 6.7%

Shares of Evolution Petroleum stock opened at $4.80 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.81. The firm has a market cap of $168 million, a P/E ratio of 60.00 and a beta of 0.27. Evolution Petroleum has a fifty-two week low of $3.19 and a fifty-two week high of $5.70. The business has a 50-day moving average price of $4.48 and a 200 day moving average price of $4.19.

Evolution Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 10.0%. The ex-dividend date of this dividend was Monday, March 16th. Evolution Petroleum's payout ratio is currently 600.08%.

Hedge Funds Weigh In On Evolution Petroleum

Several institutional investors have recently made changes to their positions in EPM. AQR Capital Management LLC bought a new position in shares of Evolution Petroleum during the first quarter valued at approximately $91,000. Goldman Sachs Group Inc. grew its holdings in shares of Evolution Petroleum by 24.0% during the first quarter. Goldman Sachs Group Inc. now owns 139,715 shares of the energy company's stock valued at $724,000 after purchasing an additional 27,068 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Evolution Petroleum during the first quarter valued at approximately $102,000. Focus Partners Wealth bought a new position in shares of Evolution Petroleum during the first quarter valued at approximately $70,000. Finally, Sei Investments Co. bought a new position in shares of Evolution Petroleum during the second quarter valued at approximately $77,000. 60.07% of the stock is 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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