Financial Results Announcement: Evolution Petroleum Corporation will release its fourth quarter and fiscal year-end 2024 financial results on September 10, 2024, followed by a conference call on September 11, 2024, at 10:00 a.m. Central Time.
Upcoming Conference Participation: The company's management will attend the Pickering Energy Partners Energy Conference in Austin, TX, on September 18, 2024, with investor presentations available on their website.
EPM
$3.72+Infinity%1D
Analyst Views on EPM
Wall Street analysts forecast EPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPM is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast EPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPM is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 3.760
Low
4.00
Averages
4.00
High
4.00
Current: 3.760
Low
4.00
Averages
4.00
High
4.00
Roth Capital
Nick Pope
initiated
$5
2025-12-04
Reason
Roth Capital
Nick Pope
Price Target
$5
2025-12-04
initiated
Reason
Roth Capital analyst Nick Pope reinstated coverage of Evolution Petroleum with a Buy rating and $5 price target. The firm says the company's "diversified" production mix, focus on acquiring mature assets with lower declines, and its "healthy" return of capital provide a platform for continued growth. Roth believes Evolution's annualized dividend yield of 12.2% is sustainable and covered by its free cash flow.
Northland
Market Perform
downgrade
$4
2025-11-14
Reason
Northland
Price Target
$4
2025-11-14
downgrade
Market Perform
Reason
Northland lowered the firm's price target on Evolution Petroleum to $4 from $4.50 and keeps a Market Perform rating on the shares. The fiscal Q1 report was "solid," slightly beating the firm's estimates, but Northland trims its price target due to lower benchmark commodity prices, the analyst tells investors.
Northland
new analyst
Market Perform
downgrade
$5
2025-05-20
Reason
Northland
new analyst
Price Target
$5
2025-05-20
downgrade
Market Perform
Reason
Northland lowered the firm's price target on Evolution Petroleum to $4.50 from $5 and keeps a Market Perform rating on the shares as the firm transferred coverage of the stock. The firm likes the company's low-risk, mature asset acquisition strategy, but updated its model for lower oil prices, the new analyst covering the stock tells investors.
Northland Capital Markets
Bobby Brooks
Buy
Maintains
$7 → $6.5
2025-02-06
Reason
Northland Capital Markets
Bobby Brooks
Price Target
$7 → $6.5
2025-02-06
Maintains
Buy
Reason
About EPM
Evolution Petroleum Corporation is an independent energy company. The Company is focused on ownership of and investment in onshore oil and natural gas properties in the United States. Its oil and natural gas properties consist of non-operated interests in the SCOOP and STACK plays of the Anadarko Basin located in central Oklahoma; the Chaveroo oilfield in Chaves and Roosevelt Counties of New Mexico; the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field located in Hot Springs County, Wyoming; the Delhi Holt-Bryant Unit in the Delhi Field in Northeast Louisiana; as well as small overriding royalty interests in four onshore central Texas wells. Its non-operated interests in the SCOOP and STACK plays, consist of oil and natural gas producing properties in the Anadarko basin, where it holds approximately 2.6% average net working interest.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
