NYSE$EPM
Evolution Petroleum Corporation · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Announced results for the fiscal 2021 third quarter and declared increased quarterly stock dividend.
Evolution Petroleum reported a 32% increase in total revenues compared to the prior quarter, driven by a 38% increase in the average realized oil price. The company generated cash flow in excess of the quarterly dividend and closed on the acquisition of non-operated oil and gas assets in the Barnett Shale. A 67% increase in the dividend was declared.
- Paid the 30th consecutive quarterly cash dividend on common shares on March 31, 2021.
- Declared a $0.05 per share dividend for the 4th fiscal quarter payable on June 30, 2021, representing a 67% increase from the prior quarter.
- Closed on substantially all of the previously announced acquisition of non-operated oil and gas assets in the Barnett Shale for $18.2 million on May 7, 2021.
- Increased total revenues 32% over the prior quarter to $7.6 million.
Headline financials
Revenue & EPS history
Evolution Petroleum · Revenue · Quarterly
$7.64M
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 anticipates resuming conformance workover projects and incurring additional maintenance capital expenditures as oil prices recover. Capital expenditures are expected to be in the range of $0.25 million to $0.5 million for the remaining three months of fiscal 2021.
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 Q3 2021
-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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