Evolution Petroleum today announced that the Company is scheduled to participate in a fireside chat with Water Tower Research on Thursday March 10, 2022 at 1:00 pm Eastern Time. Jason Brown, President and Chief Executive Officer of the Company, will discuss Evolution's yield-oriented business strategy and recent producing property acquisitions. Registration for the event is available online at [...]
Recently Announced Accretive Acquisitions Provide Increased Visibility for Cash Flow Generation and Solid Return of Capital to Shareholders Over the Next Decade Evolution Petroleum today announced financial and operating highlights for its fiscal 2022 second quarter ended December 31, 2021. Evolution also declared an increased quarterly dividend for the third quarter of fiscal 2022 payable March 31, 2022. Key Q2 Fiscal [...]
Evolution Petroleum announced today that is has entered into a definitive agreement to acquire non-operated natural gas assets in the Jonah Field in Sublette County, Wyoming from privately-owned Exaro Energy III, LLC . The purchase price of the Transaction is $29.4 million, subject to customary purchase price adjustments and closing conditions, including receipt of all necessary written consents, approvals, waivers, and [...]
Evolution Petroleum Corp. today announced that it will release its financial and operational results for the second quarter ended December 31, 2021 , after the market closes on Wednesday, February 9, 2022. An investor conference call to review the results will be held on Thursday, February 10, 2022, at 2:00 p.m. Eastern . The call will be hosted by Jason Brown, President & Chief Executive Officer, and Ryan Stash, Chief [...]
Evolution Petroleum announced today the closing of an acquisition of oil-weighted, non-operated oil and natural gas assets in the Williston Basin . The Company acquired 50% of certain interests held by privately-owned Foundation Energy Management in North Dakota in Billings, Golden Valley, and McKenzie counties. The purchase price at closing was $25.9 million, net of preliminary purchase price adjustments. The Transaction [...]
Evolution Petroleum Corp. today announced that the Company will participate in the virtual Capital One Securities 16th Annual Energy Conference. Jason Brown, President and Chief Executive Officer, will host virtual one-on-one meetings with investors on Monday, December 6, 2021 and Tuesday, December 7, 2021. Evolution will not be making a formal presentation. An investor deck prepared in conjunction with the Conference [...]
-Net Income of $5.2 Million, Up 135% from Prior Quarter- Evolution Petroleum today announced financial and operating highlights for its fiscal 2022 first quarter ended September 30, 2021. Evolution also declared a quarterly dividend for the second quarter of fiscal 2022 payable December 31, 2021. Key Q1 Fiscal 2022 and Recent Highlights Produced 5,843 net barrels of oil equivalent per day during the current quarter, up [...]
Evolution Petroleum Corp. today announced that it has issued its inaugural Corporate Sustainability Report which is now available on the Company's website at www.evolutionpetroleum.com under the "Sustainability" tab. The report provides detailed information about Evolution's Environmental, Social, and Governance initiatives and related key performance indicators, as appropriate. In the creation of the document, the [...]
Evolution Petroleum Corp. today announced that it will release its financial and operational results for the first quarter ended September 30, 2021 , after the market closes on Tuesday, November 9, 2021. An investor conference call to review the results will be held on Wednesday, November 10, 2021, at 2:00 p.m. Eastern . The call will be hosted by Jason Brown, President & Chief Executive Officer, and Ryan Stash, Chief [...]
Evolution Petroleum today announced financial and operating highlights for its fiscal year ended June 30, 2021. Evolution also provided its expected capital spending outlook for the fiscal year ending June 30, 2022 and announced its quarterly dividend payable September 30, 2021. Key Highlights: Produced 4,378 net barrels of oil equivalent per day during the current quarter, up 156% over the prior quarter due to the [...]
Q1 Fiscal 2022 Dividend of $0.075 Per Share Represents 32nd Consecutive Quarterly Cash Dividend Evolution Petroleum today declared a first quarter of fiscal 2022 cash dividend of $0.075 per share of common stock, which is payable September 30, 2021 to stockholders of record as of September 20, 2021. Key Highlights of First Quarter of Fiscal 2022 Dividend Declaration Dividend of $0.075 per share of common stock represents [...]
Evolution Petroleum Corp. today announced that it will release its financial and operational results for the fiscal year ended June 30, 2021, after the market closes on Monday, September 13, 2021. An investor conference call to review the results will be held on Tuesday, September 14, 2021, at 2:00 p.m. Eastern . The call will be hosted by Jason Brown, President & Chief Executive Officer and Ryan Stash, Chief Financial [...]