Evolution Petroleum Earnings Reports

Evolution Petroleum posted a revenue decline of 2% year-over-year to $22.6 million in Q3 2025, with a net loss of $2.2 million. Revenue was impacted by planned maintenance and weather-related downtime, but strong gas pricing helped support adjusted EBITDA of $7.4 million.

Evolution Petroleum reported a decrease in total revenues by 4% to $20.3 million compared to $21.0 million in the year-ago quarter, driven primarily by a 12% decrease in average realized commodity prices. The company reported a net loss of $1.8 million, or $(0.06) per share, compared to net income of $1.1 million, or $0.03 per share in the year-ago period.

Evolution Petroleum Corporation reported a 6% increase in revenue to $21.9 million for the fiscal first quarter of 2025, driven by record oil production. Net income increased by 40% to $2.1 million, and adjusted EBITDA rose by 21% to $8.1 million. The company returned $4.0 million to shareholders in dividends and brought seven SCOOP/STACK wells online during the quarter.

Evolution Petroleum reported a 17% increase in fiscal Q4 revenues to $21.2 million compared to the year-ago period. Net income increased to $1.2 million, and adjusted EBITDA increased 72% year-over-year to $8.0 million.

Evolution Petroleum reported a net income of $0.3 million and revenue of $23.0 million for Q3 2024. The company's production increased by 14% compared to the prior quarter, driven by the SCOOP/STACK acquisitions and the Chaveroo oilfield development.

Evolution Petroleum reported revenue of $21.0 million and net income of $1.1 million, or $0.03 per diluted share, for the second quarter of fiscal year 2024, with production at 6,304 net BOEPD and adjusted EBITDA of $6.8 million.

Evolution Petroleum reported a 13% sequential increase in revenue to $20.6 million, a net income increase of 788% to $1.5 million, and earnings per share of $0.04. The company also generated Adjusted EBITDA of $6.7 million, a 43% increase over the prior quarter, and produced 6,457 net barrels of oil equivalent per day.

Evolution Petroleum Corporation announced its fiscal fourth quarter results, reporting total revenue of $18.2 million and net income of $0.2 million. The quarter was affected by lower price realizations and downtime across multiple fields. The company declared a quarterly cash dividend of $0.12 per share for the fiscal 2024 first quarter.

Evolution Petroleum reported record Fiscal Q3 2023 results, with revenue up 9% sequentially to $36.9 million and net income up 34% sequentially to $14.0 million, driven by increased production and higher realized prices. The company also declared a quarterly cash dividend of $0.12 per common share for the fiscal 2023 fourth quarter.

Evolution Petroleum reported revenue of $33.7 million and net income of $10.4 million, or $0.31 per diluted share, for the second quarter of fiscal year 2023. The company eliminated all debt during the quarter and declared a quarterly cash dividend of $0.12 per common share.

Evolution Petroleum reported a solid start to fiscal year 2023, driven by accretive acquisitions completed in the second half of fiscal 2022. The company saw increased daily production, recorded revenue of $39.8 million and net income of $10.7 million, and reduced debt by $9.0 million.

Evolution Petroleum reported a strong Q3 fiscal 2022, driven by recent acquisitions and improved oil price realizations. The company produced 5,579 net barrels of oil equivalent per day, generating $25.7 million in revenue and $5.7 million in net income. The company also declared a cash dividend of $0.10 per common share for the fiscal 2022 fourth quarter.

Evolution Petroleum reported a strong second quarter for fiscal year 2022, marked by increased net income, adjusted EBITDA, and cash balance. The company benefited from a higher commodity pricing environment and is focused on providing a consistent and meaningful quarterly cash dividend to its shareholders. Strategic acquisitions are expected to further enhance free cash flow generation and shareholder returns.

Evolution Petroleum reported a strong first quarter for fiscal year 2022, marked by increased production volumes and higher commodity prices. The company's net income rose significantly, and it continued to fund operations, development, and dividends from operating cash flow. The borrowing base on the Credit Facility increased by $20 million to a total borrowing base of $50 million with an elected commitment amount of $40 million.

Evolution Petroleum reported a strong fourth quarter and fiscal year 2021, marked by a 156% increase in production due to the Barnett Shale acquisition. The company also increased its quarterly dividend by 50% and maintained a strong balance sheet with no net debt.

Evolution Petroleum reported a 32% increase in total revenues compared to the prior quarter, driven by a 38% increase in the average realized oil price. The company generated cash flow in excess of the quarterly dividend and closed on the acquisition of non-operated oil and gas assets in the Barnett Shale. A 67% increase in the dividend was declared.

Evolution Petroleum announced its fiscal first quarter results, highlighted by a 67% increase in total revenues to $5.6 million compared to the prior quarter. The company generated operational cash flows exceeding the quarterly dividend and maintained a debt-free balance sheet with $19.8 million in cash. A non-cash impairment of $9.6 million was recorded due to decreased oil prices.