Evolution Petroleum Corporation, Inc.

EPM Energy Oil & Gas E&P

Evolution Petroleum Corporation, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $86.3 million, up 0.59% from fiscal 2025. In the quarter to June 2026, revenue grew 14.7%, EPS grew 30.0%, free cash flow grew 333.6% and total debt rose 50.7%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

3.71 0.04 +1.09%
Market cap
$147.4M
P/E
0.0×
Fwd P/E
69.5×
Dividend yield
12.9%
F-score
3/9
Altman Z
1.31
Beneish M
−3.01
Dividend safety
24/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 147.43
Revenue 86.34
Net Income (2.43)
Free Cash Flow (3.66)
Net Debt 50.36
Current Ratio 0.92 (below 1: weak)
Debt/Equity 0.94
P/E ratio 0.00
Fwd P/E 69.50 (above 35: high)
P/S ratio 1.47
P/B ratio 2.10
Past 5Y EPS Growth —
This Y EPS Growth 162.50% (at or above 15%: strong)
Next Y EPS Growth (20.00%) (below 0%: weak)
Next Y revenue growth 3.86%
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 4.50%
10-year low 10-year high
P/B against its own 10 years 17.84%
10-year low 10-year high
EV/Sales against its own 10 years 19.98%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.48
Annual Dividend Yield 12.94%
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 0.48
0.12
0.12
0.12
2025 0.48
0.12
0.12
0.12
0.12
2024 0.48
0.12
0.12
0.12
0.12
2023 0.48
0.12
0.12
0.12
0.12
2022 0.44
0.10
0.10
0.12
0.12
2021 0.23
0.03
0.05
0.08
0.08
2020 0.18
0.10
0.03
0.03
0.03
2019 0.40
0.10
0.10
0.10
0.10
2018 0.40
0.10
0.10
0.10
0.10
2017 0.29
0.07
0.07
0.08
0.08
2016 0.22
0.05
0.05
0.05
0.07
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 11 6 3 6
Receivables 8 11 11 10
Inventory — — — —
Other 2 1 2 2
21 22 17 21
2023 2024 2025 2026
Payables 6 8 13 14
ST’ Debt — — — —
Other 6 1 2 3
12 16 21 22

Compound Annual Growth %

10y 5y 3y
Sales 12.60% 21.43% (12.42%)
Cash Flow (2.61%) 37.80% (22.88%)
Earnings 0.00% 0.00% 0.00%
Book Value (2.31%) 2.04% (13.12%)

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 21 21 20 24 86
’25 22 20 23 21 86
’24 21 21 23 21 86
’23 40 34 37 18 129
’22 19 22 26 42 109
’21 6 6 8 14 33
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 8 5 3 7 24
’25 8 8 7 10 33
’24 4 7 3 8 23
’23 17 10 24 0 51
’22 6 8 15 24 52
’21 1 0 1 2 5
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (13) 5 (2) 7 (4)
’25 5 7 3 (3) 11
’24 2 3 (43) 10 (27)
’23 15 9 23 (3) 44
’22 5 8 (11) (4) (2)
’21 1 0 1 (16) (14)
Fiscal quarters ending in the months shown.

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.02 0.03 (0.26) 0.13 (0.08)
’25 0.06 (0.06) (0.07) 0.10 0.04
’24 0.04 0.03 0.01 0.04 0.12
’23 0.32 0.31 0.41 0.00 1.04
’22 0.16 0.20 0.17 0.44 0.96
’21 (0.22) (0.38) 0.04 0.07 (0.49)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 6.35 6.17 5.04 2.09 2.75 4.81 5.39 4.59 3.51 3.19

Analyst estimates 2027–2029

Powerpack
High 10.20 12.83 8.11 5.73 6.74 8.55 10.11 6.29 5.70 4.99
People
People Employees 5 4 4 4 5 8 11 11 11 11
Revenue/emp, $m 6.90 10.19 10.81 7.40 6.54 13.62 11.68 7.81 7.80 7.85
Income, $m
Income, $m Revenue 34 41 43 30 33 109 129 86 86 86
Gross margin, % 68.58 71.34 67.00 54.37 100.00 100.00 100.00 100.00 100.00 100.00
EBT 13 16 19 4 (21) 41 45 5 2 (3)
EBT margin, % 37.36 39.70 43.63 12.69 (65.51) 37.77 35.24 6.40 2.18 (3.64)
Net income 8 20 15 6 (16) 33 35 4 1 (2)
Depreciation 6 6 6 6 5 8 14 20 22 23
Per share, $
Per share, $ Revenue 1.04 1.23 1.30 0.90 1.00 3.31 3.90 2.63 2.59 2.52
Earnings 0.21 0.59 0.46 0.18 (0.49) 0.97 1.05 0.12 0.04 (0.08)
Cash flow 0.50 0.62 0.73 0.38 0.14 1.59 1.55 0.70 1.00 0.69
Capex (0.31) (0.11) (0.20) (0.33) (0.57) (1.67) (0.21) (1.52) (0.65) (0.79)
Free cash flow 0.19 0.51 0.52 0.04 (0.43) (0.07) 1.34 (0.82) 0.34 (0.11)
Book value 2.07 2.33 2.42 2.24 1.67 2.29 2.79 2.48 2.17 1.76
Shares, m 33 33 33 33 33 33 33 33 33 34
Valuation, ×
Valuation, × P/E 38.57 18.64 15.00 16.47 0.00 5.63 7.69 44.58 156.67 0.00
P/S 7.76 8.94 5.41 3.12 4.97 1.65 2.07 2.04 1.82 1.46
P/B 3.91 4.71 2.92 1.25 2.97 2.38 2.89 2.16 2.17 2.09
EV/Sales 7.09 8.26 4.68 2.46 4.93 1.77 1.99 2.42 2.22 2.04
EV/FCF 38.82 20.00 11.69 54.65 (11.48) (79.94) 5.77 (7.73) 16.73 (48.24)
Cash, $m
Cash, $m Operating cash flow 16 21 24 12 5 52 51 23 33 24
Capex (10) (4) (7) (11) (19) (55) (7) (50) (22) (27)
Free cash flow 6 17 17 1 (14) (2) 44 (27) 11 (4)
Balance, $m
Balance, $m Working capital 23 28 32 21 12 6 9 6 (4) (2)
Total debt — — — 0 4 21 0 40 38 57
Net debt (23) (28) (32) (20) (1) 13 (11) 33 35 50
Shareholders’ equity 68 77 80 74 55 76 92 81 72 60
Returns, %
Returns, % ROA 7.31 21.57 16.24 6.32 (19.55) 29.03 25.49 2.80 0.91 (1.48)
ROIC 17.72 20.42 22.69 4.23 (24.32) 32.05 34.73 4.33 2.44 1.96
ROE 9.38 26.92 19.54 7.70 (25.64) 50.15 42.02 4.71 1.93 (3.67)
Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 23 Sep 2026

Charts ten years each

Evolution Petroleum Corporation, Inc. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KGEI Kolibri Global Energy Inc. $238.0M 12.9× — +102.85% (above 0%: growing) +200.00% (above 0%: growing) +35.23% (above 0%: growing) 85.02% 51.30% Compare
SJT San Juan Basin Royalty Trust $200.0M — (loss-making) 16.8× −93.33% (below 0%: shrinking) n/m — 100.00% (97,000.00%) Compare
AMPY Amplify Energy Corp. $180.3M 9.8× — (loss-making) −22.93% (below 0%: shrinking) +166.67% (above 0%: growing) −738.77% (below 0%: shrinking) 56.96% 44.12% Compare
PED Pedevco Corp. $179.2M — (loss-making) — (loss-making) +561.40% (above 0%: growing) n/m +835.64% (above 0%: growing) 100.00% 33.31% Compare
EPSN Epsilon Energy Ltd. $178.1M — (loss-making) 17.8× +57.09% (above 0%: growing) +242.86% (above 0%: growing) +123.78% (above 0%: growing) 97.22% 45.88% Compare
ANNA AleAnna Inc. $172.0M 13.4× — +153.45% (above 0%: growing) +500.00% (above 0%: growing) +143.82% (above 0%: growing) 85.64% 18.73% Compare
GLND Greenland Energy Company $150.9M — — — n/m — — 0.00% Compare
EPM Evolution Petroleum Corporation, Inc. $147.4M — (loss-making) 69.5× +14.69% (above 0%: growing) +30.00% (above 0%: growing) +333.62% (above 0%: growing) 100.00% 14.31%
EP Empire Petroleum Corporation $136.0M — (loss-making) — +8.58% (above 0%: growing) n/m −43.32% (below 0%: shrinking) 47.01% (16.22%) Compare
Median of peers $178.6M 12.9× — +57.09% +221.43% +79.51% 85.64% 26.02%

All 73 Oil & Gas E&P stocks →

Evolution Petroleum Corporation, Inc. (EPM) key facts

  • Strength: Evolution Petroleum Corporation, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $86.3 million, up 0.59% from fiscal 2025.
  • Evolution Petroleum Corporation, Inc. (EPM) is an Oil & Gas E&P company in the Energy sector, listed on NYSE American.
  • As of October 16, 2026, EPM traded at $3.71, a market capitalization of $147.4 million.
  • Evolution Petroleum Corporation, Inc. pays an annual dividend of $0.48 per share, a yield of 12.9%.
  • Return on equity was −3.67% and debt-to-equity 0.94.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 1.31 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Sep 23, 2026.

Evolution Petroleum Corporation, Inc. (EPM) Latest News

15 May

Impact 3 · transcript
stockrow.com/EPM · Data as of Sep 23, 2026 · For information only; not investment advice. · © 2026 stockrow.com