Evolution Petroleum Corporation, Inc. (AMEX:EPM) is set to announce fourth quarter earning results on Wednesday 9th September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, EPM to report 4Q20 loss of $ 0.02 per share.
For the full year, analysts anticipate top line of $ 30.76 million, while looking forward to income of $ 0.23 per share bottom line.
Previous Quarter Performance
Evolution Petroleum Corporation, Inc. announced income for the third quarter of $ 0.11 per share, from the revenue of $ 7.71 million. The quarterly earnings extended 57.14 percent compared with the same quarter last year. According to street consensus, EPM was expected to report 3Q20 income of $ 0.05 per share from revenue of $ 9.11 million. The bottom line results beat street analysts by $ 0.06 or 120.00 percent, at the same time, top line results fell short of analysts by $ 1.4 million or 15.37 percent.
Stock Performance
Shares of Evolution Petroleum Corporation, Inc. traded low $ -0.13 or -4.83 percent on Tuesday, reaching $ 2.56 with volume of 170.70 thousand shares. Evolution Petroleum Corporation, Inc. has traded high as $ 2.69 and has cracked $ 2.53 on the downward trend
According to the previous trading day, closing price of $ 2.56, representing a 26.89 % increase from the 52 week low of $ 2.12 and a 60.27 % decrease over the 52 week high of $ 6.77.
The company has a market capital of $ 84.37 million and is part of the Energy sector and Oil & Gas E&P industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.025 per share on August 18, 2020. The dividend were payable on September 30, 2020 to holders of record as of the close of business on September 15, 2020 and ex-dividend date on September 14, 2020.
Conference Call
Evolution Petroleum Corporation, Inc. will be hosting a conference call at 12:00 AM eastern time on 9th September 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.evolutionpetroleum.com
Evolution Petroleum Corporation, an oil and gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. The company primarily holds interests in a CO2 enhanced oil recovery project in Louisianas Delhi field. Its Delhi Holt-Bryant Unit covers an area of 13,636 acres located in Northeast Louisiana.
