EVOLUTION PETROLEUM CORP EPM
Note: See Glossary of Selected Petroleum Industry Terms starting on page iv.
Evolution Petroleum Corporation ("Evolution," and together with its consolidated subsidiaries, the "Company", "our", "we, "us" or similar terms) is an independent energy company focused on maximizing total returns to its shareholders through the ownership of and investment in onshore oil and natural gas properties in the United States. Our long-term goal is to maximize total shareholder return from a diversified portfolio of long-life oil and natural gas properties built through acquisition and through selective development opportunities, production enhancement, and other exploitation efforts on our oil and natural gas properties.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.8M | $85.9M | $128.5M | $108.9M | $32.7M | $29.6M | $43.2M | $40.8M | $34.5M | $26.3M |
| Cost of revenue | $49.3M | $48.3M | $59.5M | $48.7M | $16.6M | — | — | — | — | — |
| Gross profit | $36.5M | $37.6M | $69.0M | $60.3M | $16.1M | — | — | — | — | — |
| SG&A | $10.3M | $9.6M | $9.6M | $6.8M | $6.8M | $5.3M | $5.1M | $6.8M | $5.0M | $9.1M |
| Total operating expenses | — | — | — | — | $54.1M | $25.9M | $25.6M | $24.6M | $21.6M | $24.7M |
| Operating income | $4.2M | $7.9M | $45.1M | $45.4M | -$20.7M | $3.7M | $17.6M | $16.2M | $12.9M | $1.7M |
| Interest expense | $3.0M | $1.5M | $458.0K | $572.0K | $103.0K | $110.8K | $116.5K | $110.8K | $81.8K | $70.9K |
| Pre-tax income | $1.9M | $5.5M | $45.3M | $41.1M | -$21.4M | $3.8M | $18.9M | $16.2M | $12.9M | $34.2M |
| Income tax | $396.0K | $1.4M | $10.1M | $8.5M | $5.0M | $2.2M | $3.5M | $3.4M | $4.8M | $9.6M |
| Net income | $1.5M | $4.1M | $35.2M | $32.6M | -$16.4M | $5.9M | $15.4M | $19.6M | $8.0M | $24.7M |
| EPS, basic | 0.03 | 0.12 | 1.05 | 0.97 | -0.50 | 0.18 | 0.46 | 0.59 | 0.21 | 0.73 |
| EPS, diluted | 0.03 | 0.12 | 1.04 | 0.96 | -0.50 | 0.18 | 0.46 | 0.59 | 0.21 | 0.73 |
| Shares, diluted (wtd. avg.) | 33.3M | 32.9M | 33.2M | 33.3M | 32.7M | 33.0M | 33.2M | 33.2M | 33.1M | 32.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.5M | $6.4M | $11.0M | $8.3M | $5.3M | $19.7M | $31.6M | $27.7M | $23.0M | $34.1M |
| Receivables | $10.8M | $10.8M | $7.9M | $24.0M | $8.7M | $1.9M | $3.2M | $3.9M | $2.7M | $2.6M |
| Total current assets | $17.4M | $21.7M | $21.2M | $36.4M | $18.1M | $25.3M | $35.2M | $32.1M | $26.1M | $37.1M |
| Property, plant and equipment | — | — | — | $110.5M | $58.5M | $66.5M | $60.4M | $61.3M | $61.8M | $60.0M |
| Total assets | $160.3M | $162.9M | $128.3M | $148.0M | $76.7M | $92.1M | $95.8M | $93.7M | $88.3M | $97.5M |
| Accounts payable | $12.9M | $8.3M | $5.9M | $15.1M | $1.6M | $1.5M | $2.1M | $3.4M | $2.0M | $5.8M |
| Total current liabilities | $21.4M | $15.8M | $12.3M | $30.3M | $6.6M | $4.3M | $2.8M | $4.4M | $2.7M | $8.5M |
| Total liabilities | $88.4M | $81.8M | $36.2M | $72.5M | $22.1M | $18.0M | $15.6M | $16.4M | $19.8M | $21.1M |
| Retained earnings | $25.1M | $40.0M | $52.0M | $32.9M | $12.0M | $32.8M | $37.6M | $35.5M | $27.5M | $29.1M |
| Total equity | $71.8M | $81.1M | $92.1M | $75.5M | $54.6M | $74.1M | $80.1M | $77.3M | $68.5M | $76.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $33.1M | $22.7M | $51.3M | $52.5M | $4.7M | $12.4M | $24.1M | $20.5M | $16.5M | $30.7M |
| Depreciation and amortisation | $22.0M | $20.1M | $14.3M | $8.1M | $5.2M | $5.8M | $6.3M | $6.1M | $5.7M | $5.2M |
| Stock-based compensation | $2.5M | $2.1M | $1.6M | $125.0K | $1.3M | $1.3M | $888.2K | $1.4M | $1.2M | $1.8M |
| Investing cash flow | -$21.6M | -$49.6M | -$7.0M | -$54.9M | -$18.8M | -$11.1M | -$6.8M | -$3.7M | -$10.5M | -$17.6M |
| Financing cash flow | -$15.3M | $22.3M | -$41.5M | $5.4M | -$349.0K | -$13.2M | -$13.4M | -$12.2M | -$17.1M | $935.4K |
| Dividends paid | $16.3M | $16.0M | $16.1M | $11.8M | $4.3M | $10.7M | $13.3M | $11.6M | $8.4M | $6.6M |
| Buybacks | $442.0K | $1.1M | $4.2M | $38.0K | $7.0K | $2.5M | $156.8K | $571.1K | $459.9K | $1.4M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-25-090839.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.3M | $34.5M | $40.8M | $43.2M | $29.6M | $32.7M | $108.9M | $128.5M | $85.9M | $85.8M |
| Gross profit | — | — | — | — | — | $16.1M | $60.3M | $69.0M | $37.6M | $36.5M |
| Net income | $24.7M | $8.0M | $19.6M | $15.4M | $5.9M | -$16.4M | $32.6M | $35.2M | $4.1M | $1.5M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Regulation FD disclosure Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event Item 8.01
- Material agreement signed Item 1.01
- Results announced Item 2.02
- Other event Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 1311
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| PR | Permian Resources Corp | $21.35B | 19.9x | 1.3% |
| OVV | Ovintiv Inc. | $19.91B | 15.1x | -3.1% |