Reported Q: Q4 2024 Rev YoY: +16.8% EPS YoY: +967.6% Move: +0.49%
Evolution Petroleum
EPM
$4.12 0.49%
Exchange AMEX Sector Energy Industry Oil Gas Exploration Production
Q4 2024
Published: Sep 11, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for EPM

Reported

Report Date

Sep 11, 2024

Quarter Q4 2024

Revenue

21.23M

YoY: +16.8%

EPS

0.04

YoY: +967.6%

Market Move

+0.49%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $21.23M up 16.8% year-over-year
  • EPS of $0.04 increased by 967.6% from previous year
  • Gross margin of 28.1%
  • Net income of 1.24M
  • ""Delhi has been certified as a carbon capture, utilization and storage site for enhanced oil recovery, which we believe will drive further benefits to evolution."" - Kelly Loyd
EPM
Company EPM

Executive Summary

Evolution Petroleum reported a resilient QQ4 2024 performance amid a low natural gas pricing environment, underpinned by higher liquids revenue and a diversified asset base. In the quarter, total revenue reached $21.2 million, up 17% year-over-year, with net income of $1.24 million and adjusted EBITDA of $8.0 million. Operating metrics improved as production rose 11% year-over-year to 7,209 net BOE/d, driven by ongoing SCOOP/STACK activity and the Chaveroo developments, partially offset by weaker natural gas pricing and downtime at Delhi.

Key Performance Indicators

Revenue
Increasing
21.23M
QoQ: -7.81% | YoY: 16.80%
Gross Profit
Increasing
5.97M
28.14% margin
QoQ: 32.73% | YoY: 136.88%
Operating Income
Increasing
2.40M
QoQ: 15.31% | YoY: 827.80%
Net Income
Increasing
1.24M
QoQ: 327.34% | YoY: 643.98%
EPS
Increasing
0.04
QoQ: 359.30% | YoY: 967.57%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 21.29 0.02 +0.3% View
Q3 2025 22.56 -0.07 -2.0% View
Q2 2025 20.28 -0.06 -3.6% View
Q1 2025 21.90 0.06 +6.3% View
Q4 2024 21.23 0.04 +16.8% View