About Evolution Petroleum Corp (NYSE:EPM)
Evolution Petroleum Corporation is an independent oil and gas company. The Company is engaged in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States. Its assets include interests in a carbon dioxide (CO2) enhanced oil recovery project (EOR) in Louisiana's Delhi field. Its artificial lift technology is Gas Assisted Rod Pump (GARP). The Company tested GARP technology on marginal producing wells that it owns and operates in the Giddings Field. Its mineral interests include Delhi Holt-Bryant Unit in the Delhi field (Unit) located in Northeast Louisiana. As of June 30, 2016, the Unit was approximately 13,636 acres in size. As of June 30, 2016, the Unit produced approximately 195 million barrels of oil through primary and limited secondary recovery operations. As of June 30, 2016, the Unit had produced over 11 million barrels of oil. The Unit is producing as an EOR project utilizing CO2 flood technology.
Industry, Sector and Symbol:
- Sector: Energy
- Industry: Oil Exploration & Production - Onshore
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:EPM
- CUSIP: 30049A10
- Web: www.evolutionpetroleum.com
- Market Cap: $237.04 million
- Outstanding Shares: 32,695,000
- 50 Day Moving Avg: $7.00
- 200 Day Moving Avg: $7.65
- 52 Week Range: $6.35 - $10.20
Sales & Book Value:
- Trailing P/E Ratio: 34.52
- Foreward P/E Ratio: 21.32
- P/E Growth: 0.00
- Annual Revenue: $34.48 million
- Price / Sales: 6.87
- Book Value: $2.09 per share
- Price / Book: 3.47
- EBITDA: $18.82 million
- Net Margins: 16.99%
- Return on Equity: 8.76%
- Return on Assets: 6.85%
- Average Volume: 92,603 shs.
- Short Ratio: 10.08
Frequently Asked Questions for Evolution Petroleum Corp (NYSE:EPM)
What is Evolution Petroleum Corp's stock symbol?
Evolution Petroleum Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPM."
How often does Evolution Petroleum Corp pay dividends? What is the dividend yield for Evolution Petroleum Corp?
Evolution Petroleum Corp declared a quarterly dividend on Friday, August 11th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.075 per share on Friday, September 29th. This represents a $0.30 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Thursday, September 14th. This is a boost from Evolution Petroleum Corp's previous quarterly dividend of $0.07. View Evolution Petroleum Corp's Dividend History.
How were Evolution Petroleum Corp's earnings last quarter?
Evolution Petroleum Corp (NYSE:EPM) announced its quarterly earnings data on Wednesday, September, 6th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.02. The business earned $8.84 million during the quarter, compared to analyst estimates of $9.52 million. Evolution Petroleum Corp had a return on equity of 8.76% and a net margin of 16.99%. The firm's revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share. View Evolution Petroleum Corp's Earnings History.
Where is Evolution Petroleum Corp's stock going? Where will Evolution Petroleum Corp's stock price be in 2017?
3 brokerages have issued 1-year price objectives for Evolution Petroleum Corp's stock. Their predictions range from $8.00 to $11.00. On average, they expect Evolution Petroleum Corp's stock price to reach $9.67 in the next twelve months. View Analyst Ratings for Evolution Petroleum Corp.
Are investors shorting Evolution Petroleum Corp?
Evolution Petroleum Corp saw a drop in short interest during the month of September. As of September 29th, there was short interest totalling 252,378 shares, a drop of 44.8% from the September 15th total of 457,429 shares. Based on an average daily volume of 143,286 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.8% of the company's stock are short sold.
Who are some of Evolution Petroleum Corp's key competitors?
Some companies that are related to Evolution Petroleum Corp include Gener8 Maritime (GNRT), Sound Energy PLC (SOU), SOCO International plc (SIA), Hurricane Energy PLC (HUR), Faroe Petroleum plc (FPM), Genel Energy PLC (GENL), Seadrill Partners LLC (SDLP), Premier Oil PLC (PMO), Enquest Plc (ENQ), Lamprell Plc (LAM), Lilis Energy (LLEX), Lilis Energy (LLEX), Amerisur Resources plc (AMER), Earthstone Energy (ESTE), Earthstone Energy (ESTE), Denison Mines Corp (DNN), Gulf Keystone Petroleum Limited (GKP) and Falcon Oil & Gas Ltd (FOG).
Who are Evolution Petroleum Corp's key executives?
Evolution Petroleum Corp's management team includes the folowing people:
- Robert S. Herlin, Executive Chairman of the Board, Chief Executive Officer, Co-Founder
- Randall D. Keys, President, Chief Executive Officer
- David Joe, Chief Financial Officer, Senior Vice President, Treasurer
- Karon Mueller, Controller, Corporate Secretary
- Edward J. DiPaolo, Lead Independent Director
- William E. Dozier, Independent Director
- Kelly W. Loyd, Independent Director
- Gene G. Stoever CPA, Independent Director
How do I buy Evolution Petroleum Corp stock?
Shares of Evolution Petroleum Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Evolution Petroleum Corp's stock price today?
MarketBeat Community Rating for Evolution Petroleum Corp (NYSE EPM)MarketBeat's community ratings are surveys of what our community members think about Evolution Petroleum Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Evolution Petroleum Corp stock can currently be purchased for approximately $7.25.
Consensus Ratings for Evolution Petroleum Corp (NYSE:EPM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$9.67 (33.33% upside)|Consensus Price Target History for Evolution Petroleum Corp (NYSE:EPM)
Analysts' Ratings History for Evolution Petroleum Corp (NYSE:EPM)
(Data available from 10/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/28/2017||Northland Securities||Set Price Target||Hold||$8.00||Low|
|8/10/2017||Roth Capital||Set Price Target||Buy||$11.00||Medium|
|7/22/2017||Scotiabank||Set Price Target||Buy||$10.00||Low|
|10/10/2016||Howard Weil||Initiated Coverage||Sector Outperform||$10.00||N/A|
|11/10/2015||Keefe, Bruyette & Woods||Downgrade||Outperform -> Market Perform||$7.00||N/A|
Earnings History for Evolution Petroleum Corp (NYSE:EPM)Earnings History by Quarter for Evolution Petroleum Corp (NYSE EPM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/6/2017||Q4 2017||$0.07||$0.05||$9.52 million||$8.84 million||View||Listen|
|5/8/2017||Q3||$0.08||$0.07||$9.65 million||$9.53 million||View||Listen|
|2/8/2017||Q2 2017||$0.07||$0.07||$8.49 million||$8.53 million||View||Listen|
|11/7/2016||Q117||$0.04||$0.06||$7.40 million||$7.60 million||View||Listen|
|5/4/2016||Q316||$0.03||($0.01)||$7.18 million||$5.12 million||View||N/A|
|11/4/2015||Q116||$0.06||$0.09||$7.99 million||$7.38 million||View||N/A|
|9/9/2015||Q4||$0.05||$0.05||$8.81 million||$9.06 million||View||N/A|
|5/6/2015||Q315||$0.03||$0.02||$7.10 million||$7.06 million||View||N/A|
|11/6/2014||Q1||$0.40||$0.03||$4.45 million||$4.00 million||View||N/A|
|9/9/2014||Q4 14||$0.11||$0.04||$25.40 million||$4.31 million||View||N/A|
|5/7/2014||Q3 2014||$0.02||$0.04||$4.70 million||$4.34 million||View||N/A|
Earnings Estimates for Evolution Petroleum Corp (NYSE:EPM)
Current Year EPS Consensus Estimate: $0.33 EPS
Next Year EPS Consensus Estimate: $0.34 EPS
Current Dividend Information for Evolution Petroleum Corp (NYSE:EPM)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||29.10% (3 Year Average)|
|Payout Ratio:||90.91% (Based on This Year's Estimates)|
88.24% (Based on Next Year's Estimates)
Dividend History by Quarter for Evolution Petroleum Corp (NYSE EPM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Evolution Petroleum Corp (NYSE:EPM)Insider Trades by Quarter for Evolution Petroleum Corp (NYSE:EPM)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/2/2016||David Joe||CFO||Sell||9,500||$9.26||$87,970.00|| |
|2/26/2016||David Joe||CFO||Sell||5,493||$4.30||$23,619.90|| |
|2/23/2016||David Joe||CFO||Sell||3,288||$4.45||$14,631.60|| |
|2/18/2016||David Joe||CFO||Sell||17,019||$4.46||$75,904.74|| |
|2/12/2016||David Joe||CFO||Sell||24,200||$4.46||$107,932.00|| |
|5/4/2015||Peninsula Capital Management I||Director||Sell||500||$6.69||$3,345.00|| |
|4/28/2015||Peninsula Capital Management I||Director||Sell||50,000||$6.90||$345,000.00|| |
|4/27/2015||Peninsula Capital Management I||Director||Sell||1,200||$6.90||$8,280.00|| |
|4/20/2015||Peninsula Capital Management I||Director||Sell||25,000||$6.98||$174,500.00|| |
|3/31/2015||Randall D Keys||CFO||Buy||10,000||$5.94||$59,400.00|| |
|12/1/2014||Advisors L.L.C. Jvl||Major Shareholder||Buy||373,463||$7.20||$2,688,933.60|| |
|12/1/2014||Randall D Keys||CFO||Buy||12,100||$7.12||$86,152.00|| |
|9/24/2014||Randall D Keys||CFO||Buy||8,913||$9.22||$82,177.86|| |
|3/18/2014||John Lovoi||major shareholder||Sell||28,536||$12.90||$368,114.40|| |
|3/11/2014||John Lovoi||major shareholder||Sell||39,617||$13.01||$515,417.17|| |
|2/20/2014||John Lovoi||major shareholder||Sell||100,000||$12.90||$1,290,000.00|| |
|12/5/2013||John Lovoi||major shareholder||Sell||183,117||$12.21||$2,235,858.57|| |
|11/29/2013||Laird Cagan||Director||Sell||23,191||$12.09||$280,379.19|| |
|11/26/2013||Laird Cagan||Director||Sell||27,056||$12.12||$327,918.72|| |
|11/22/2013||Laird Cagan||Director||Sell||26,408||$12.07||$318,744.56|| |
|10/21/2013||Peninsula Capital Management,||Director||Sell||92,153||$12.14||$1,118,737.42|| |
|9/26/2013||Robert Herlin||CEO||Sell||227,392||$11.18||$2,542,242.56|| |
|9/11/2013||Peninsula Capital Management,||Director||Sell||61,794||$12.00||$741,528.00|| |
|9/9/2013||Peninsula Capital Management,||Director||Sell||65,992||$11.55||$762,207.60|| |
|7/23/2013||Peninsula Capital Management,||Director||Sell||63,684||$12.01||$764,844.84|| |
|7/17/2013||Peninsula Capital Management,||Director||Sell||116,377||$11.95||$1,390,705.15|| |
|5/23/2013||John Lovoi||Major Shareholder||Buy||12,153||$10.57||$128,457.21|| |
|12/28/2012||John Lovoi||Major Shareholder||Buy||8,027||$7.95||$63,814.65|| |
|12/27/2012||Daryl V Mazzanti||VP||Buy||6,400||$7.78||$49,792.00|| |
|12/18/2012||John Lovoi||Major Shareholder||Buy||25,698||$7.85||$201,729.30|| |
|12/17/2012||Daryl V Mazzanti||VP||Buy||2,800||$7.80||$21,840.00|| |
|12/10/2012||John Lovoi||Major Shareholder||Buy||165,000||$7.92||$1,306,800.00|| |
|11/29/2012||John Lovoi||Major Shareholder||Buy||18,041||$7.94||$143,245.54|| |
|11/28/2012||John Lovoi||Major Shareholder||Buy||51,169||$7.80||$399,118.20|| |
|11/21/2012||John Lovoi||Major Shareholder||Buy||25,790||$7.58||$195,488.20|| |
|9/28/2012||John Lovoi||Major Shareholder||Buy||5,000||$8.17||$40,850.00|| |
Headline Trends for Evolution Petroleum Corp (NYSE:EPM)
Latest Headlines for Evolution Petroleum Corp (NYSE:EPM)
Evolution Petroleum Corp (EPM) Chart for Wednesday, October, 18, 2017