AI Earnings Predictions for Evolution Petroleum Corporation Inc. (EPM)

EX-99.1

2 epm-20260511xex99d1.htm

EX-99.1

EPM FQ1 2026 Earnings PR

EXHIBIT 99.1

Evolution Petroleum Reports Fiscal Third Quarter 2026 Results and Declares $0.12 per Share Cash Dividend for the Fiscal Fourth Quarter

HOUSTON, TX — May 12, 2026 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal third quarter ended March 31, 2026. Evolution also declared its 16th consecutive $0.12 cash dividend per common share, payable on June 30, 2026, marking its 51st consecutive quarterly cash dividend payment.

Financial & Operational Highlights

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

($ in thousands)

​

Q3 2026

​

Q3 2025

​

Q2 2026

​

% Change vs Q3/Q3

​

% Change vs Q3/Q2

​

2026 YTD

​

2025 YTD

​

% Change vs YTD'25

Average BOEPD

​

​

6,700

​

​

6,667

​

​

7,380

​

—

%

​

(9)

%

​

​

7,135

​

​

7,033

​

1

%

Revenues

​

$

20,168

​

$

22,561

​

$

20,679

​

(11)

%

​

(2)

%

​

$

62,135

​

$

64,732

​

(4)

%

Net Income (Loss) (1)

​

$

(8,932)

​

$

(2,179)

​

$

1,065

​

310

%

​

NM

​

​

$

(7,043)

​

$

(1,939)

​

263

%

Adjusted Net Income (Loss) (1)(2)

​

$

(2,941)

​

$

806

​

$

257

​

NM

​

​

NM

​

​

$

(2,892)

​

$

701

​

NM

​

Adjusted EBITDA(3)

​

$

3,107

​

$

7,421

​

$

7,994

​

(58)

%

​

(61)

%

​

$

18,402

​

$

21,234

​

(13)

%

(1)"NM" means "Not Meaningful."

(2)Adjusted Net Income is a non-GAAP financial measure; see the non-GAAP reconciliation schedules to the most comparable GAAP measures at the end of this release for more information.

(3)Adjusted EBITDA is Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization and is a non-GAAP financial measure; see the non-GAAP reconciliation schedules to the most comparable GAAP measures at the end of this release for more information.

●Fiscal Q3 production increased slightly year-over-year to 6,700 barrels of oil equivalent per day (“BOEPD”) from 6,667 BOEPD in the prior year period.

●Production remained stable during the quarter, as contributions from recent acquisitions partially offset weather-related disruptions and downtime.

●Adjusted Net Income (Loss) and Adjusted EBITDA were impacted by:

o$3.2 million in departure from the prior-year period differentials, including $1.2 million related to prior period adjustments at Delhi Field.

o$2.2 million in realized hedge losses.

oDowntime of over 300 BOEPD related to extreme weather conditions in January, optimization activities at certain facilities and unexpected equipment failures. With these issues resolved, production is substantially restored.

●Returned approximately $4.3 million to shareholders in the form of cash dividends during fiscal Q3.

●Evolution expects 23 wells tied to its Louisiana royalty acquisitions to begin producing in the near term, meaningfully driving revenue and cash flow contributions in fiscal Q4 2026 and onward.

M&A Highlights

●Acquired mineral and royalty interests across multiple Louisiana parishes from December 2025 through March 2026, for a total consideration of approximately $5.0 million, primarily consisting of proved producing wells, drilled but not yet producing wells, and permitted locations.

1

●These transactions added approximately 350 net royalty acres (“NRA”), including 17 gross PDP locations as of quarter-end, and over 50 gross future locations, most of which is expected to begin producing in the near term, enhancing the Company’s inventory of capital-light assets.

●Subsequent to quarter-end, Evolution high-graded its minerals and royalties portfolio by agreeing to sell longer-dated locations and acquiring cash-flowing properties with near-term upside.

oAgreed to divest a portion of non-core, unproved, mineral acres from its SCOOP/STACK portfolio for total consideration of approximately $3.3 million.

oAcquired an additional 50 NRA in the heart of the Haynesville and Bossier Shales, consisting of PDP’s, DUCs, and near-term locations for approximately $0.5 million.

Management Comments

Kelly Loyd, President and Chief Executive Officer, commented: “We continued to make steady progress during the fiscal third quarter, with contributions from recent acquisitions supporting overall volumes across our diversified portfolio. The quarter included the effects of a combination of items that were either isolated, temporary, or one-time. As these have rolled off, we can already see the powerful effects of combining our long-life, low-decline legacy properties, our higher-margin portfolio additions, and our high-return, low-cost workover projects. As we look to the fiscal 4th quarter and beyond, we expect our underlying performance to reflect the portfolio's true earnings power.

“Operationally, we made encouraging progress across our asset base, identifying impactful opportunities. For example, the TexMex assets offer mean

Evolution Petroleum Corp_February 9, 2026 0001006655false00010066552026-02-092026-02-09 ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 9, 2026 Evolution Petroleum Corporation (Exact name of registrant as specified in its charter) 001-32942 (Commission File Number) ​ ​

Nevada 41-1781991

(State or Other Jurisdiction of Incorporation) (I.R.S. Employer Identification No.)

1155 Dairy Ashford Road, Suite 425, Houston, Texas 77079

(Address of Principal Executive Offices) (Zip Code)

​ (713) 935-0122 (Registrant’s Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

​ ​

Trading Symbol(s)

​ ​

Name of Each Exchange On Which Registered

Common Stock, $0.001 par value

​

EPM

​

NYSE American

​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company    ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻ ​ ​ ​

Item 2.02Results of Operations and Financial Condition. On February 10, 2026, Evolution Petroleum Corporation (the “Company”) issued a press release reporting its financial and operating results for the second quarter ended December 31, 2025. A copy of the press release, dated February 10, 2026, regarding the Company’s financial and operating results, is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. This information is furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless specifically incorporated by reference in a document filed under the Securities Act of 1933, as amended, or the Exchange Act. By filing this report on Form 8-K and furnishing this information, the Company makes no admission as to the materiality of any information in this report that is required to be disclosed solely by Item 2.02. Occasionally our management discloses net income (loss) and net earnings (loss) per common share excluding selected items as well as Adjusted EBITDA. These measures are presented by our management as supplemental financial measures to allow external users of our financial statements, such as investors, commercial banks, and others, to assess our operating performance as compared to that of other companies in our industry, without regard to financing methods, capital structure, or historical costs basis. We use these measures to assess our ability to incur and service debt and fund capital expenditures. These measures are not measures of financial performance performed under GAAP and should not be considered alternatives to net income (loss), operating income (loss), cash flows provided by (used in) operating activities, or any other measure of financial performance or liquidity presented in accordance with GAAP. These measures may not be comparable to similarly titled non-GAAP measures of another company and may not be useful in comparing our performance to the performance of other companies. Item 8.01Other Events. On February 9, 2026, the Company approved the declaration of a $0.12 per common share dividend for the third quarter of 2026 to shareholders of record on March 16, 2026 and payable on March 31, 2026. Item 9.01Financial Statements and Exhibits. (d)   Exhibits ​

​

Exhibit No. Description

99.1 Evolution Petroleum Corporation Press Release dated February 10, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL)

​ ​

​

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

​ Evolution Petroleum Corporation (Registrant)

​ ​

Date: February 10, 2026 By: /s/ RYAN STASH

Name: Ryan Stash

Evolution Petroleum Corp_November 10, 2025 0001006655false00010066552025-11-102025-11-10 ​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 10, 2025 Evolution Petroleum Corporation (Exact name of registrant as specified in its charter) 001-32942 (Commission File Number) ​ ​

Nevada 41-1781991

(State or Other Jurisdiction of Incorporation) (I.R.S. Employer Identification No.)

1155 Dairy Ashford Road, Suite 425, Houston, Texas 77079

(Address of Principal Executive Offices) (Zip Code)

​ (713) 935-0122 (Registrant’s Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange On Which Registered

Common Stock, $0.001 par value

​

EPM

​

NYSE American

​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company    ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻ ​ ​ ​

Item 2.02Results of Operations and Financial Condition. On November 11, 2025, Evolution Petroleum Corporation (the “Company”) issued a press release reporting its financial and operating results for the fiscal quarter ended September 30, 2025. A copy of the press release, dated November 11, 2025, regarding the Company’s financial and operating results, is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. This information is furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless specifically incorporated by reference in a document filed under the Securities Act of 1933, as amended, or the Exchange Act. By filing this report on Form 8-K and furnishing this information, the Company makes no admission as to the materiality of any information in this report that is required to be disclosed solely by Item 2.02. Occasionally our management discloses net income (loss) and net earnings (loss) per common share excluding selected items as well as Adjusted EBITDA. These measures are presented by our management as supplemental financial measures to allow external users of our financial statements, such as investors, commercial banks, and others, to assess our operating performance as compared to that of other companies in our industry, without regard to financing methods, capital structure, or historical costs basis. We use these measures to assess our ability to incur and service debt and fund capital expenditures. These measures are not measures of financial performance performed under GAAP and should not be considered alternatives to net income (loss), operating income (loss), cash flows provided by (used in) operating activities, or any other measure of financial performance or liquidity presented in accordance with GAAP. These measures may not be comparable to similarly titled non-GAAP measures of another company and may not be useful in comparing our performance to the performance of other companies. Item 8.01Other Events. On November 10, 2025, the Company approved the declaration of a $0.12 per common share dividend for the second quarter of 2026 to shareholders of record on December 15, 2025 and payable on December 31, 2025. Item 9.01Financial Statements and Exhibits. (d)   Exhibits ​

​

Exhibit No. Description

99.1 Evolution Petroleum Corporation Press Release dated November 11, 2025.

104 Cover Page Interactive Data File (embedded within the Inline XBRL)

​ ​

​

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

​ Evolution Petroleum Corporation (Registrant)

​ ​

Date: November 12, 2025 By: /s/ RYAN STASH

Name: Ryan Stas