Evolution Petroleum Corp (A:EPM)

Business Focus: Oil Exploration & Production - Onshore

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
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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

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