Q2 EPS Estimates for Evolution Petroleum Boosted by Analyst

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM) – Analysts at Northland Securities boosted their Q2 2027 EPS estimates for shares of Evolution Petroleum in a research note issued to investors on Friday, August 28th. Northland Securities analyst J. Grampp now expects that the energy company will post earnings of $0.03 per share for the quarter, up from their prior forecast of $0.01. Northland Securities has a “Outperform” rating and a $4.00 price objective on the stock. The consensus estimate for Evolution Petroleum’s current full-year earnings is ($0.06) per share. Northland Securities also issued estimates for Evolution Petroleum’s Q3 2027 earnings at $0.03 EPS, Q4 2027 earnings at $0.00 EPS and FY2027 earnings at $0.05 EPS.

Other analysts also recently issued research reports about the company. Freedom Capital downgraded Evolution Petroleum from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Alliance Global Partners reaffirmed a “buy” rating on shares of Evolution Petroleum in a research report on Tuesday, August 25th. Finally, Zacks Research raised Evolution Petroleum from a “strong sell” rating to a “hold” rating in a research report on Friday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Evolution Petroleum presently has an average rating of “Moderate Buy” and an average target price of $4.77.

Evolution Petroleum Trading Up 1.6%

Shares of NYSEAMERICAN:EPM opened at $3.70 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.61 and a current ratio of 0.61. The stock’s 50-day moving average is $3.69 and its 200-day moving average is $4.18. The company has a market cap of $133.01 million, a P/E ratio of -33.64 and a beta of 0.25. Evolution Petroleum has a 52-week low of $3.19 and a 52-week high of $5.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EPM. Wellington Management Group LLP raised its position in shares of Evolution Petroleum by 19.6% during the second quarter. Wellington Management Group LLP now owns 19,783 shares of the energy company’s stock valued at $73,000 after buying an additional 3,236 shares during the last quarter. Equitable Holdings Inc. acquired a new stake in Evolution Petroleum during the second quarter worth about $37,000. Bank of America Corp DE grew its position in Evolution Petroleum by 55.0% during the second quarter. Bank of America Corp DE now owns 25,462 shares of the energy company’s stock worth $168,000 after buying an additional 9,036 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Evolution Petroleum during the second quarter valued at about $198,000. Finally, Ieq Capital LLC bought a new position in Evolution Petroleum during the second quarter valued at about $85,000. Institutional investors own 60.07% of the company’s stock.

About Evolution Petroleum

Evolution Petroleum Corporation (NYSE American: EPM) is an independent oil and natural gas company focused on enhanced oil recovery (EOR) through the use of carbon dioxide. Headquartered in Houston, Texas, the company specializes in acquiring and developing mature hydrocarbon reservoirs that benefit from CO₂ injection to increase production efficiency. Evolution Petroleum’s business model combines property acquisition, reservoir engineering, and CO₂ management to optimize recovery of oil and associated gas.

The company’s primary asset is the Jackson Dome CO₂ field in southwestern Mississippi, where natural carbon dioxide is produced, separated and reinjected into adjacent oil-bearing formations.