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: $245.01 million
- Outstanding Shares: 32,668,000
- 50 Day Moving Avg: $8.06
- 200 Day Moving Avg: $8.00
- 52 Week Range: $5.41 - $10.20
Sales & Book Value:
- Trailing P/E Ratio: 9.53
- Foreward P/E Ratio: 22.06
- P/E Growth: 0.00
- Annual Revenue: $32.89 million
- Price / Sales: 7.45
- Book Value: $2.11 per share
- Price / Book: 3.55
- EBIDTA: $18.8 million
- Net Margins: 25.40%
- Return on Equity: 14.11%
- Return on Assets: 11.12%
- Average Volume: 93,636 shs.
- Short Ratio: 4.5
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 announced a quarterly dividend on Friday, August 11th. Shareholders 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 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend 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 Monday, May, 8th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by $0.01. The business had revenue of $9.53 million for the quarter, compared to analysts' expectations of $9.65 million. Evolution Petroleum Corp had a net margin of 25.40% and a return on equity of 14.11%. 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?
4 brokers have issued 12 month target prices for Evolution Petroleum Corp's stock. Their predictions range from $10.00 to $11.00. On average, they anticipate Evolution Petroleum Corp's stock price to reach $10.33 in the next year. View Analyst Ratings for Evolution Petroleum Corp.
Are investors shorting Evolution Petroleum Corp?
Evolution Petroleum Corp saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 615,273 shares, a drop of 1.7% from the July 14th total of 625,822 shares. Based on an average trading volume of 67,532 shares, the days-to-cover ratio is presently 9.1 days. Approximately 2.0% of the shares of the stock are short sold.
Who are some of Evolution Petroleum Corp's key competitors?
Some companies that are related to Evolution Petroleum Corp include Select Energy Services (WTTR), SOCO International plc (SIA), Gener8 Maritime (GNRT), Hurricane Energy PLC (HUR), Enquest Plc (ENQ), Lamprell Plc (LAM), Genel Energy PLC (GENL), Faroe Petroleum plc (FPM), Andes Energia PLC (AEN), Sound Energy PLC (SOU), Seadrill Partners LLC (SDLP), Premier Oil PLC (PMO), Denison Mines Corp (DNN), Falcon Oil & Gas Ltd (FOG), Gulf Keystone Petroleum Limited (GKP), Earthstone Energy (ESTE), Earthstone Energy (ESTE) and UK Oil & Gas Investments PLC (UKOG).
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
Who owns Evolution Petroleum Corp stock?
Evolution Petroleum Corp's stock is owned by many different of retail and institutional investors. Top institutional investors include Advisory Research Inc. (8.30%), Vanguard Group Inc. (3.77%), Fenimore Asset Management Inc. (2.54%), WealthTrust Axiom LLC (1.97%), Dimensional Fund Advisors LP (1.60%) and River Road Asset Management LLC (1.47%). Company insiders that own Evolution Petroleum Corp stock include Daryl V Mazzanti and David Joe. View Institutional Ownership Trends for Evolution Petroleum Corp.
Who sold Evolution Petroleum Corp stock? Who is selling Evolution Petroleum Corp stock?
Evolution Petroleum Corp's stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Numeric Investors LLC, Spark Investment Management LLC, Parametric Portfolio Associates LLC, Cornerstone Capital Management Holdings LLC., Menta Capital LLC, WealthTrust Axiom LLC and Prudential Financial Inc.. View Insider Buying and Selling for Evolution Petroleum Corp.
Who bought Evolution Petroleum Corp stock? Who is buying Evolution Petroleum Corp stock?
Evolution Petroleum Corp's stock was purchased by a variety of institutional investors in the last quarter, including AJO LP, Dimensional Fund Advisors LP, Argent Capital Management LLC, State Street Corp, Northern Trust Corp, Punch & Associates Investment Management Inc., OxFORD Asset Management LLP and Vanguard Group Inc.. View Insider Buying and Selling for Evolution Petroleum Corp.
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 $7.50.
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, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$10.33 (37.78% upside)|
Analysts' Ratings History for Evolution Petroleum Corp (NYSE:EPM)
(Data available from 8/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/10/2017||Roth Capital||Set Price Target||Buy||$11.00||Medium|
|7/22/2017||Scotiabank||Set Price Target||Buy||$10.00||Low|
|10/20/2016||Northland Securities||Downgrade||Outperform -> Market Perform||N/A|
|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|
|8/31/2015||Eurobank EFG||Reiterated Rating||Buy||$8.00 -> $7.50||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|
|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: $0.27 EPS
Next Year EPS Consensus Estimate: $0.34 EPS
Current Dividend Information for Evolution Petroleum Corp (NYSE:EPM)
|Dividend Growth:||29.10% (3 Year Average)|
|Payout Ratio:||111.11% (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 Friday, August, 18, 2017