earnings
confidence high
sentiment positive
materiality 0.75
Evolution Petroleum Q4 net income up 176% to $3.4M; declares $0.12 dividend
EVOLUTION PETROLEUM CORP
- Fiscal Q4 net income $3.4M ($0.10/diluted) vs $1.2M YoY; Adjusted EBITDA $8.6M, up 7% YoY.
- Revenue $21.1M, down 1% YoY; production flat at 7,198 BOEPD; oil price down 20% to $60.82/BBL.
- Closed $9M TexMex acquisition adding ~440 net BOEPD; subsequent $17M SCOOP/STACK minerals acquisition.
- Amended credit facility to $200M revolver with $65M borrowing base, maturing June 2028.
- Declared $0.12 per share quarterly dividend, 48th consecutive; payable Sept 30, 2025.