The chart below shows how EPM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EPM sees a +4.46% change in stock price 10 days leading up to the earnings, and a +1.65% change 10 days following the report. On the earnings day itself, the stock moves by -0.66%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Production Increase Overview: Total production increased by 16% year-over-year, reaching 7,478 net barrels of oil equivalent per day, driven by positive contributions from our SCOOP/STACK acquisitions.
Quarterly Revenue Increase: This led to a 6% increase in revenue for the quarter, supported by record oil production.
Net Income Surge: Net income for the first quarter increased 40% to $2.1 million compared to the prior year period.
EBITDA Growth Analysis: Adjusted EBITDA increased 21% to $8.1 million primarily due to increased revenue and reduced operating costs from the year-ago period.
Operational Cash Flow Increase: Cash flow from operations also increased materially to $7.6 million for the quarter compared to $4.3 million in the prior year period.
Negative
Natural Gas Pricing Impact: The company faced the lowest natural gas pricing environments since the COVID-19 pandemic, impacting revenue.
Revenue Increase Impacted by Prices: Despite a 6% increase in revenues to $21.9 million, the overall financial results were affected by lower average realized prices per BOE.
Net Income Increase: Net income for the first quarter increased 40% to $2.1 million, but this was primarily due to reduced operating costs from the previous year.
Operational Cash Flow Increase: Cash flow from operations increased materially to $7.6 million for the quarter compared to $4.3 million in the prior year period, indicating a reliance on cost reductions rather than revenue growth.
Debt Load Analysis: The company ended the quarter with $39.5 million in borrowings outstanding under its revolving credit facility, indicating a significant debt load.
Evolution Petroleum Corporation (EPM) Q1 2025 Earnings Call Transcript
EPM.A
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