earnings
confidence high
sentiment positive
materiality 0.65
Evolution Petroleum Q4 revenue $21.2M (+17% YoY); net income $1.2M (+644%)
EVOLUTION PETROLEUM CORP
- Net income $1.2M ($0.04 diluted EPS) vs $0.2M in Q4 2023; Adjusted EBITDA $8.0M, up 72% YoY.
- Revenue $21.2M, up 17% YoY; production 7,209 BOEPD, up 11% YoY.
- Declared $0.12/share quarterly dividend, payable Sept 30, record Sept 20 (44th consecutive).
- Record fiscal year oil revenue and liquids production; SCOOP/STACK acquisitions contributed 22 wells to PDP.