secwatch.observer — SEC 8-K summary
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Issuer:     EVOLUTION PETROLEUM CORP (EPM)
CIK:        0001006655
Form:       8-K
Filed at:   2022-09-13T23:59:59+00:00
Accession:  0001558370-22-014373
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolution Petroleum reports Q4 net income $14.9M; dividend up 20%, $25M buyback authorized
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- Q4 FY2022 net income $14.9M ($0.44/diluted), revenue $42.0M (+64% sequentially).
- FY2022 net income $32.6M ($0.96/diluted) vs net loss of $16.4M in FY2021; revenue $108.9M (+233%).
- Quarterly dividend increased 20% to $0.12/share, payable Sep 30, 2022 to holders of record Sep 21.
- Board authorized $25M share repurchase program through Dec 31, 2024, funded from operating cash flow.
- Q4 production averaged 7,451 BOEPD (+34% sequentially); proved reserves up 55% to 36.2 MMBOE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006655/000155837022014373/0001558370-22-014373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006655/000155837022014373/epm-20220912x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-014373

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