NYSE$EPM

Evolution Petroleum Corporation · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Evolution Petroleum reported fiscal Q4 2025 net income of $3.4 million, up 176% year-over-year, with revenues of $21.1 million.

Evolution Petroleum Corporation reported fiscal fourth quarter 2025 results with net income rising sharply to $3.4 million on revenues of $21.1 million. Production averaged 7,198 BOEPD, supported by the TexMex acquisition and new Chaveroo wells, while Adjusted EBITDA grew 7% to $8.6 million. The company maintained its $0.12 quarterly dividend and strengthened its credit facility to support future acquisitions.

  • Q4 net income increased 176% to $3.4 million versus $1.2 million in Q4 2024.
  • Average daily production held steady at 7,198 BOEPD with oil comprising 61% of revenue.
  • Adjusted EBITDA rose 7% to $8.6 million, aided by higher realized natural gas prices and hedge settlements.
  • Returned $4.1 million in dividends during the quarter and closed the $9 million TexMex acquisition plus a subsequent $17 million SCOOP/STACK minerals deal.

Headline financials

Total Revenue

$21.1M

Previous: $21.2M-0.6%
EPS (adj)

$0.03

Previous: $0.03+0.0%
Average BOEPD

7.2K

Previous: 656.0K-98.9%
Avg realized oil price

$60.82

Previous: $76.49-20.5%
Avg realized gas price

$2.76

Previous: $1.66+66.3%
Avg realized NGL price

$25.50

Previous: $29.08-12.3%
Avg realized BOE price

$32.23

Previous: $32.36-0.4%
Free Cash Flow

$5.74M

No prior period
Net Income

$3.41M

Previous: $1.24M+176.3%
Operating Income

$1.34M

Previous: $2.4M-44.2%
Cash & Equivalents

$2.51M

No prior period
Total Assets

$160M

No prior period

Revenue & EPS history

Evolution Petroleum · Revenue · Quarterly

$21.1M

Q4 2025-0.6%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Evolution Petroleum · $21.1M total across 3 segments · Q4 2025

  • Crude oil
    $12.8M—
  • Natural gas
    $5.65M—
  • Natural gas liquids
    $2.63M—

Forward guidance

Management will remain selective on acquisitions, pace development to market conditions, and use hedges to support returns while maintaining the dividend.

Tailwinds

  • Expanded credit facility provides additional liquidity for acquisitions
  • Recent SCOOP/STACK and TexMex acquisitions add low-decline production and royalty cash flows
  • Chaveroo wells exceeding pre-drill expectations

Headwinds

  • Commodity price volatility continues to pressure realized oil and NGL prices
  • Timing of additional Chaveroo drilling will be paced to prices

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 Q4 2025

Historical avgQ4 2025

-0.0%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+4.1%

Avg return

30 days after

51%

33 / 65 earnings

Positive

+15.9%

Q4 2022

Best reaction

-22.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (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%
Q4 2025-0.5%-11.3%-17.6%
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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