earnings
confidence high
sentiment neutral
materiality 0.65
Evolution Petroleum reports fiscal Q2 net loss of $1.8M, production up 10% YoY; declares $0.12 dividend
EVOLUTION PETROLEUM CORP
2025-Q2 EPS
reported -$0.06
vs consensus $0.01
▼ miss
(-694.1%)
- Net loss of $1.8M ($0.06 per share) vs net income of $1.1M in prior-year quarter; adjusted net loss of $0.8M.
- Production increased 10% YoY to 6,935 BOEPD; oil up 13%, natural gas up 9%, NGLs up 9%.
- Revenue declined 4% to $20.3M, driven by 12% lower average realized commodity prices.
- Declared $0.12 per share quarterly dividend (46th consecutive), payable March 31, 2025 to holders of record March 14, 2025.
- Operational issues at Chaveroo and Williston resolved; drilling underway on 4 gross wells at Chaveroo second development block.