Sector: Energy | Industry: Oil & Gas Exploration and Production |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1155 Dairy Ashford Rd Ste 425 HOUSTON TX 77079-3011 |
Tel: | N/A |
Website: | https://www.evolutionpetroleum.com |
IR: | See website |
Key People | ||
Kelly William Loyd President, Chief Executive Officer, Director | Ryan Stash Chief Financial Officer, Senior Vice President, Treasurer, Company Secretary | J. Mark Bunch Chief Operating Officer | Kelly M. Beatty Chief Accounting Officer |
Business Overview |
Evolution Petroleum Corporation is an independent energy company. The Company is focused on ownership of and investment in onshore oil and natural gas properties in the United States. Its oil and natural gas properties consist of non-operated interests in the non-operated interests in the Jonah Field in Sublette County, Wyoming, a natural gas producing field; non-operated interests in the Williston Basin in North Dakota, a producing oil and natural gas property; non-operated interests in the Barnett Shale located in North Texas, a natural gas producing property; non-operated interests in the Hamilton Dome Field located in Hot Springs County, Wyoming, a secondary recovery field utilizing water injection wells to pressurize the reservoir; non-operated interests in the Delhi Holt-Bryant Unit in the Delhi Field in Northeast Louisiana, a CO2 enhanced oil recovery (EOR) project; and small overriding royalty interests in four onshore central Texas wells. |
Financial Overview |
For the six months ended 31 December 2023, Evolution Petroleum Corp revenues decreased 43% to $41.6M. Net income applicable to common stockholders decreased 88% to $2.5M. Revenues reflect Natural gas segment decrease of 68% to $12.1M, Crude Oil Production-Delhi decrease of 8% to 151K barrels, Oil equivalent production -Delhi decrease of 24% to 3K barrels per day. |
Employees: | 11 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $183.58M as of Dec 31, 2023 |
Annual revenue (TTM): | $96.67M as of Dec 31, 2023 |
EBITDA (TTM): | $40.71M as of Dec 31, 2023 |
Net annual income (TTM): | $16.63M as of Dec 31, 2023 |
Free cash flow (TTM): | $9.05M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 33,456,330 as of Feb 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |