earnings
confidence high
sentiment positive
materiality 0.70
Evolution Petroleum Q2 net income improves to $1.1M; adjusted EBITDA up 41%
EVOLUTION PETROLEUM CORP
2026-Q2 EPS reported
$0.05
revenue$41,967,000
- Net income $1.1M ($0.03/diluted) vs net loss $1.8M ($0.06 loss) in prior-year quarter.
- Revenue $20.7M (+2% YoY); production 7,380 BOEPD (+6% YoY) driven by acquisitions.
- Adjusted EBITDA $8.0M (+41% YoY); margin improved to 39% from 28%.
- Board declares $0.12/share dividend, payable March 31, 2026, record March 16, 2026.
- Four Haynesville mineral & royalty acquisitions closed for $4.5M, adding 321 net royalty acres.