NYSE$EPM
Evolution Petroleum Corporation · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Evolution Petroleum reported first quarter fiscal 2025 results, marked by a 6% year-over-year increase in revenues to $21.9 million and a net income increase to $2.1 million.
Evolution Petroleum Corporation reported a 6% increase in revenue to $21.9 million for the fiscal first quarter of 2025, driven by record oil production. Net income increased by 40% to $2.1 million, and adjusted EBITDA rose by 21% to $8.1 million. The company returned $4.0 million to shareholders in dividends and brought seven SCOOP/STACK wells online during the quarter.
- Fiscal Q1 revenues increased 6% year-over-year to $21.9 million, driven by record oil production.
- Net income for fiscal Q1 increased 40% year-over-year to $2.1 million.
- Adjusted EBITDA for fiscal Q1 increased 21% year-over-year to $8.1 million.
- Production increased 16% year-over-year to 7,478 average barrels of oil equivalent per day (BOEPD).
Headline financials
Revenue & EPS history
Evolution Petroleum · Revenue · Quarterly
$21.9M
Revenue by segment
Evolution Petroleum · $20.6M total across 3 segments · Q1 2024
- Crude Oil$12.6M-16.8%61.2%
- Natural Gas$5.55M-72.0%27.0%
- Natural Gas Liquids$2.43M-49.2%11.8%
Forward guidance
Evolution Petroleum is focused on executing its strategy to drive long-term shareholder value, with a strengthened asset base and valuable drilling locations. The company expects to bring an additional 13 gross wells online throughout the rest of this fiscal year and will begin drilling its next round of four gross wells in Chaveroo in January 2025.
Tailwinds
- Company expects to bring an additional 13 gross wells online throughout the rest of this fiscal year.
- Company will begin drilling its next round of four gross wells in Chaveroo in January 2025.
- CO2 supply line to the Delhi Field was recently placed back in service after eight months of maintenance.
- First of three initial producer wells at Delhi are on track to be drilled by fiscal year-end.
- Asset base has been strengthened by acquiring high-quality, long-life, low-decline properties and by adding valuable drilling locations at favorable costs.
Headwinds
- Continued softness in natural gas prices.
- CO2 purchase cost will partially offset positive impact on oil production and revenue from CO2 injection.
- Production in the Williston Basin was impacted by a few high-volume wells going offline.
- Decreases in commodity prices partially offset the increase in production volumes.
- CO2 purchase pipeline being down for preventative maintenance from the end of February 2024 through fiscal Q1 2025 affected production at Delhi.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
-0.0%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+4.7%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+15.9%
Q4 2022
Best reaction
-22.0%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -8.6% | -2.3% | -13.2% | |
| Q2 2026 | +5.5% | +9.2% | +17.3% | |
| Q1 2026 | -4.6% | -11.3% | -10.9% | |
| Q3 2025 | +2.7% | -0.4% | +11.9% | |
| Q2 2025 | -1.3% | -0.9% | -6.4% | |
| Q1 2025 | +3.2% | +5.2% | +2.0% | |
| Q4 2024 | +14.9% | +14.9% | +18.3% | |
| Q3 2024 | +1.8% | +0.2% | -3.1% | |
| Q2 2024 | +2.5% | +6.6% | +13.2% | |
| Q1 2024 | -7.0% | -7.5% | -3.7% | |
| Q4 2023 | -22.0% | -20.6% | -29.0% | |
| Q3 2023 | +9.9% | +8.7% | +31.3% | |
| Q2 2023 | +3.8% | +8.6% | +9.0% | |
| Q1 2023 | -10.2% | -5.6% | -19.4% | |
| Q4 2022 | +15.9% | +15.0% | +13.6% | |
| Q3 2022 | +0.5% | -1.3% | +12.5% | |
| Q2 2022 | +8.6% | +24.3% | +32.0% | |
| Q1 2022 | -3.4% | -5.5% | -15.3% | |
| Q4 2021 | -0.2% | +3.2% | +30.7% | |
| Q3 2021 | -3.9% | -4.7% | +26.6% | |
| Q2 2021 | +2.9% | +0.0% | +25.0% | |
| Q1 2021 | -1.8% | +8.2% | +35.6% | |
| Q4 2020 | -0.4% | -5.3% | -17.0% | |
| Q3 2020 | -12.6% | -8.7% | -3.5% | |
| Q2 2020 | -2.4% | -6.7% | -9.1% | |
| Q1 2020 | +0.2% | -0.2% | -8.4% | |
| Q4 2019 | +2.4% | -5.1% | -12.7% | |
| Q3 2019 | +1.4% | -1.0% | -9.9% | |
| Q2 2019 | -1.7% | +0.8% | -5.8% | |
| Q1 2019 | +1.4% | -4.1% | -16.6% | |
| Q4 2018 | -0.5% | +3.6% | +12.8% | |
| Q3 2018 | -0.5% | -3.3% | +6.0% | |
| Q2 2018 | +7.4% | +11.5% | +10.1% | |
| Q1 2018 | +5.0% | +4.3% | -2.9% | |
| Q4 2017 | +0.0% | -1.4% | +2.2% | |
| Q3 2017 | +1.4% | +9.7% | +2.8% | |
| Q2 2017 | -6.8% | -1.9% | +0.6% | |
| Q1 2017 | +6.2% | +15.9% | +29.0% | |
| Q4 2016 | +6.4% | +3.6% | +27.8% | |
| Q3 2016 | -2.3% | — | — | |
| Q2 2016 | +6.5% | — | — | |
| Q1 2016 | -3.6% | — | — | |
| Q4 2015 | +8.7% | — | — | |
| Q3 2015 | -4.3% | — | — | |
| Q2 2015 | -9.5% | — | — | |
| Q1 2015 | -1.0% | — | — | |
| Q4 2014 | +1.5% | — | — | |
| Q3 2014 | -5.1% | — | — | |
| Q2 2014 | -2.1% | — | — | |
| Q1 2014 | +3.5% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | +1.6% | — | — | |
| Q2 2013 | +2.3% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | +2.0% | — | — | |
| Q4 2010 | +2.0% | — | — | |
| Q3 2012 | +3.3% | — | — | |
| Q2 2012 | -3.2% | — | — | |
| Q2 2011 | -3.2% | — | — | |
| Q1 2011 | -4.7% | — | — | |
| Q4 2011 | -4.7% | — | — | |
| Q1 2012 | -4.7% | — | — | |
| Q3 2011 | +1.6% | — | — | |
| Q3 2010 | -3.9% | — | — |
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