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

EX-99.1

2 epm-ex99d1.htm

EX-99.1

EPM FQ1 2026 Earnings PR

EXHIBIT 99.1

Evolution Petroleum Reports Fiscal First Quarter 2027 Results and Declares $0.12 per Share Cash Dividend for the Fiscal Second Quarter

HOUSTON, TX — November 10, 2026 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal first quarter ended September 30, 2026. On November 9, 2026, Evolution also declared its 18th consecutive $0.12 cash dividend per common share, payable on December 31, 2026, marking its 53rd consecutive quarterly cash dividend payment.

Financial & Operational Highlights

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($ in thousands)

​

Q1 2027

​

Q1 2026

​

Q4 2026

​

% Change vs Q1/Q1

​

% Change vs Q1/Q4

Average BOEPD

​

​

6,978

​

​

7,315

​

​

6,901

​

(5)

%

​

1

%

Oil, Natural Gas, and NGL Revenues

​

$

22,554

​

$

21,288

​

$

24,208

​

6

%

​

(7)

%

Net Income (Loss)(1)

​

$

(2,992)

​

$

824

​

$

4,614

​

NM

​

​

NM

​

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

​

$

(310)

​

$

(79)

​

$

(587)

​

292

%

​

(47)

%

Adjusted EBITDA(3)

​

$

6,844

​

$

7,301

​

$

6,522

​

(6)

%

​

5

%

(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 Q1 production averaged 6,978 barrels of oil equivalent per day ("BOEPD"), with oil accounting for 62% of revenue, natural gas for 24%, and natural gas liquids ("NGLs") for 14%.

●Higher realized oil and NGL prices drove a 6% increase in revenue to $22.6 million year-over-year.

●The Permian Minerals portfolio has exceeded acquisition expectations, averaging approximately 218 BOE/d since the August 20th effective date. Additionally, operators brought at least 21 gross wells online between closing and September 30. Evolution expects these additions to increase the portfolio's production rate in fiscal Q2, with a full quarter of ownership further enhancing results.

●Subsequent to quarter-end, Evolution completed a farm out of 636 net acres with minimal current production in the Williston Basin for approximately $2.5 million plus a small overriding royalty interest (“ORRI”).

●Returned $4.9 million to shareholders through cash dividends in fiscal Q1, with cash flow from operations before changes in working capital of $8.4 million.

Management Comments

Kelly Loyd, President and Chief Executive Officer, commented: "We are encouraged by our fiscal first quarter results and excited about the outlook for our diversified portfolio, particularly the increasing contributions from our growing mineral and royalty interests. Our recently acquired Permian Minerals exceeded production expectations, and our late fiscal 2026 acquisitions of Haynesville and Bossier Shale minerals and royalties are contributing in line with expectations as new wells enter production. We bought these assets for both their existing production and their substantial development potential and are encouraged to see that potential begin to translate into results at the end of the fiscal quarter. Looking ahead, with a full quarter of Permian

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Minerals ownership and additional wells coming online there as well as in the Haynesville and Bossier Shales, we expect our recent investments to meaningfully add to cash flow in the coming quarters.

“We continue to unlock value from acreage that contributes little to no current production. After quarter-end, we sold 636 net acres from our roughly 40,000-net-acre Williston position for $2.5 million while retaining a 0.25% overriding royalty interest in up to 6-8 miles of horizontal completions. Together with last quarter’s $3.0 million sale of nonproducing mineral acreage, these transactions demonstrate our ability to convert potential future value into cash today with minimal impact on current production or cash flow. We are also negotiating additional potential farmouts of nonproducing working interest acreage across multiple areas of our portfolio and hope to announce further agreements soon.”

Mr. Loyd continued, “The unsolicited interest we are receiving highlights opportunities to realize additional value from assets we already own. Additional farmouts could generate upfront cash to reduce debt, while preserving royalty participation in future production without requiring us to fund drilling and completion costs. They could also put acreage to work that might otherwise remain undeveloped in our portfolio. Our near-term focus is on realizing the benefits of our recent investments, strengtheni

EX-99.1

2 epm-20260910xex99d1.htm

EX-99.1

EPM FQ1 2026 Earnings PR

EXHIBIT 99.1

Evolution Petroleum Reports Fiscal Fourth Quarter and Full Year Fiscal 2026 Results

– Fiscal Q4 Net Income Rebounds from Q3 to $4.6 Million –

– Adjusted EBITDA More Than Doubles Sequentially to $6.5 Million –

HOUSTON, TX — September 15, 2026 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) ("Evolution" or the "Company") today announced its financial and operating results for its fiscal fourth quarter and full year ended June 30, 2026. On September 10, 2026, Evolution also declared its 17th consecutive $0.12 cash dividend per common share, payable on September 30, 2026, marking its 52nd consecutive quarterly cash dividend payment.

Financial & Operational Highlights

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($ in thousands)

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Q4 2026

​

Q4 2025

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Q3 2026

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% Change Q4/Q4

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% Change Q4/Q3

Average BOEPD

​

​

6,901

​

​

7,198

​

​

6,700

​

(4)

%

​

3

%

Revenues

​

$

24,208

​

$

21,108

​

$

20,168

​

15

%

​

20

%

Net Income (Loss) (1)

​

$

4,614

​

$

3,412

​

$

(8,932)

​

35

%

​

NM

​

Adjusted Net Income (Loss)(2)

​

$

(587)

​

$

1,129

​

$

(2,941)

​

NM

​

​

(80)

%

Adjusted EBITDA(3)

​

$

6,522

​

$

8,572

​

$

3,107

​

(24)

%

​

110

%

(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 Q4 production was 6,901 average barrels of oil equivalent per day ("BOEPD"), up 3% quarter-over-quarter, with oil accounting for 68% of revenue, natural gas accounting for 18%, and natural gas liquids ("NGLs") accounting for 14% of revenue during the quarter.

●Fiscal year 2026 production was 7,077 BOEPD, above 7,074 BOEPD in fiscal 2025.

●Higher realized oil and NGL prices, together with increased production, drove a 20% increase in revenue to $24.2 million from fiscal Q3 to Q4.

●Adjusted EBITDA more than doubled sequentially to $6.5 million from $3.1 million, while LOE per BOE improved approximately 5% to $20.35 from $21.49.

●Returned $4.3 million to shareholders in the form of cash dividends during fiscal Q4 and $16.9 million for fiscal year 2026.

●Ended the current year with total proved reserves of 27.2 MMBOE, compared with 27.1 MMBOE at June 30, 2025, replacing more than 100% of fiscal 2026 production of 2.6 MMBOE.

Permian/Midland Basin Mineral and Royalty Acquisition

Subsequent to quarter-end, on August 20, 2026, Evolution completed the acquisition of mineral and royalty interests (“M&R”) in the core Midland Basin ("Permian Minerals") for approximately $16.0 million. The acquired assets include approximately 3,420 net royalty acres across Reagan, Upton, Glasscock, Midland, and Martin Counties, Texas, and included 832 producing wells, 7 completed wells, 34 drilled but uncompleted wells ("DUCs"), 27 permitted wells, and approximately 1,257 upside locations increasing our exposure to high-

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margin current production and future operator-led activity, with no development capital required net to Evolution. The acquisition was funded with $12.8 million of net proceeds from the Company’s concurrent public offering of 4.3 million common shares and $3.2 million of borrowings under its Senior Secured Credit Facility.

Management Comments

Kelly Loyd, President and Chief Executive Officer, commented: “Fiscal 2026 was another important year for Evolution as we broadened the portfolio with strategic acquisitions, maintained $0.48 per share in dividends, and increased proved reserves over and above the roughly 2.6 MMBOE we produced during the year. Underpinning our shareholder return strategy is the durability and continued renewal of our asset base. During the year, acquisitions and drilling activity from our non-operated and royalty assets added fresh sources of production and cash flow alongside our mature, long-life properties. Just as important, we finished the year with momentum. Many of the temporary items that weighed on fiscal Q3 rolled off as expected, and fiscal Q4 revenues rose 20% and Adjusted EBITDA more than doubled quarter over quarter.

"Continuing with the year-end momentum, we begin fiscal 2027 on a high note. We added another highly accretive acquisition, with the purchase of our Permian Minerals position, adding over 1,000 near- and long-term undeveloped drilling locations. This, combined with new operations at our recently added Louisiana minerals and royalty positions and ongoing activity across our existing portfolio of non-op working and mineral and royalty interests, fiscal 2027 is poised to benefit

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

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($ in thousands)

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Q3 2026

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Q3 2025

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Q2 2026

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% Change vs Q3/Q3

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% Change vs Q3/Q2

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2026 YTD

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2025 YTD

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% Change vs YTD'25

Average BOEPD

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6,700

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6,667

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7,380

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—

%

​

(9)

%

​

​

7,135

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​

7,033

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1

%

Revenues

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$

20,168

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$

22,561

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$

20,679

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(11)

%

​

(2)

%

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$

62,135

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$

64,732

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(4)

%

Net Income (Loss) (1)

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$

(8,932)

​

$

(2,179)

​

$

1,065

​

310

%

​

NM

​

​

$

(7,043)

​

$

(1,939)

​

263

%

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

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$

(2,941)

​

$

806

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$

257

​

NM

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​

NM

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​

$

(2,892)

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$

701

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NM

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Adjusted EBITDA(3)

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$

3,107

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$

7,421

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$

7,994

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(58)

%

​

(61)

%

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$

18,402

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$

21,234

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(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.

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●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