Evolution Petroleum Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evolution Petroleum in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Evolution Petroleum stock.
View analyst ratings for Evolution Petroleum or view top-rated stocks.

Wall Street analysts have given Evolution Petroleum a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Evolution Petroleum wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Evolution Petroleum saw a decline in short interest in June. As of June 30th, there was short interest totaling 331,000 shares, a decline of 66.8% from the June 15th total of 997,500 shares. Based on an average trading volume of 266,200 shares, the short-interest ratio is presently 1.2 days. Currently, 1.1% of the company's shares are sold short.
View Evolution Petroleum's Short Interest.

Evolution Petroleum is scheduled to release its next quarterly earnings announcement on Wednesday, September 8th 2021.
View our earnings forecast for Evolution Petroleum.

Evolution Petroleum Co. (NYSEAMERICAN:EPM) announced its earnings results on Sunday, May, 9th. The energy company reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.02. The energy company earned $7.64 million during the quarter, compared to analysts' expectations of $7.22 million. Evolution Petroleum had a negative net margin of 93.88% and a negative trailing twelve-month return on equity of 0.48%.
View Evolution Petroleum's earnings history.

Evolution Petroleum's stock was trading at $3.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EPM shares have increased by 18.4% and is now trading at $4.32.
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Evolution Petroleum announced a quarterly dividend on Wednesday, May 12th. Shareholders of record on Wednesday, June 16th will be given a dividend of $0.05 per share on Wednesday, June 30th. This represents a $0.20 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date of this dividend is Tuesday, June 15th. This is a boost from Evolution Petroleum's previous quarterly dividend of $0.03.
View Evolution Petroleum's dividend history.

Evolution Petroleum pays an annual dividend of $0.20 per share and currently has a dividend yield of 4.54%. EPM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Evolution Petroleum does not yet have a strong track record of dividend growth. The dividend payout ratio of Evolution Petroleum is 142.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Evolution Petroleum will have a dividend payout ratio of 90.91% in the coming year. This indicates that Evolution Petroleum may not be able to sustain their current dividend.
View Evolution Petroleum's dividend history.

2 Wall Street analysts have issued 1-year price objectives for Evolution Petroleum's stock. Their forecasts range from $6.00 to $6.00. On average, they expect Evolution Petroleum's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 38.9% from the stock's current price.
View analysts' price targets for Evolution Petroleum or view top-rated stocks among Wall Street analysts.

Some companies that are related to Evolution Petroleum include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), Southwestern Energy (SWN) and SM Energy (SM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Evolution Petroleum investors own include Reata Pharmaceuticals (RETA), Advanced Micro Devices (AMD), Approach Resources (AREX), Trevena (TRVN), Ampio Pharmaceuticals (AMPE), Gold Resource (GORO), Vivint Solar (VSLR), Chimerix (CMRX), Genocea Biosciences (GNCA) and LightPath Technologies (LPTH).

Evolution Petroleum trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "EPM."

Evolution Petroleum's stock is owned by a variety of institutional and retail investors. Top institutional investors include North Star Investment Management Corp. (2.93%).
View institutional ownership trends for Evolution Petroleum.

EPM stock was purchased by a variety of institutional investors in the last quarter, including North Star Investment Management Corp..
View insider buying and selling activity for Evolution Petroleum or or view top insider-buying stocks.

Shares of EPM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EPM stock can currently be purchased for approximately $4.32.

Evolution Petroleum has a market capitalization of $144.76 million and generates $29.60 million in revenue each year. The energy company earns $5.94 million in net income (profit) each year or $0.14 on an earnings per share basis.

Evolution Petroleum employs 4 workers across the globe.

The official website for Evolution Petroleum is www.evolutionpetroleum.com.

Evolution Petroleum is headquartered at 1155 Dairy Ashford Rd Ste 425, HOUSTON, TX 77079-3021, United States.

Evolution Petroleum's mailing address is 1155 Dairy Ashford Rd Ste 425, HOUSTON, TX 77079-3021, United States. The energy company can be reached via phone at +1-713-9350122.