---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-016895"
form_type: "8-K"
ticker: "EPM"
cik: "0001006655"
company_name: "EVOLUTION PETROLEUM CORP"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T02:37:33.742588+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Evolution Petroleum reports Q1 fiscal 2023 net income $10.7M; declares $0.12 dividend, up 20%

## Summary
- Revenue $39.8M, net income $10.7M ($0.32 diluted EPS); Adjusted EBITDA $17.0M.
- Average daily production 7,598 BOEPD, up 2% from prior quarter and 30% YoY.
- Quarterly dividend increased 20% to $0.12 per share, payable Dec 30, 2022 to holders of record Dec 15, 2022.
- Debt reduced by $9.0M in quarter; net debt $1.5M; targeting full payoff by Dec 31, 2022.
- Authorized $25M share repurchase program through Dec 31, 2024.

## SEC filing metadata
- accession: 0001558370-22-016895
- form_type: 8-K
- ticker: EPM
- cik: 0001006655
- company_name: EVOLUTION PETROLEUM CORP
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1006655/000155837022016895/0001558370-22-016895-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006655/000155837022016895/epm-20221108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-016895
- JSON: https://secwatch.observer/filing/0001558370-22-016895.json
- Plain text: https://secwatch.observer/filing/0001558370-22-016895.txt

## Key facts
- Earnings Releases
  EVOLUTION PETROLEUM CORP reported fiscal 2023 first quarter ended September 30, 2022 results: revenue $39.8 million, net income $10.7 million, EPS $0.32 per diluted share.
  - Period: fiscal 2023 first quarter ended September 30, 2022
  - Revenue: $39.8 million
  - Net income: $10.7 million
  - EPS: $0.32 per diluted share
  - Result: reported results
  source text: Recorded revenue of $39.8 million and net income of $10.7 million, or $0.32 per diluted share, for the current quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006655/000155837022016895/0001558370-22-016895-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.