EVOLUTION PETROLEUM CORP
EPM · Crude Petroleum & Natural Gas · 35.9M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$993K (gross $1M, SBC $2M)
Grade
C58Small non-operated oil & gas royalty/working-interest holder with stable but near-zero returns and falling earnings.
Strengths
- Dividend-paying with long-life, low-decline assets and recent accretive acquisitions (SCOOP/STACK, TexMex)
- Healthy OCF margin (38.5%) and conservative balance-sheet posture
Risks
- Near-zero returns (ROE 2%, ROA 0.9%) and net income down 64%; flat revenue
- Weak liquidity (current 0.81x) and small scale with commodity-price exposure
Notable findings
- Weak liquidityCurrent ratio 0.81 (<1)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
42.5%
Operating margin
4.9%
Net margin
1.7%
Return on equity
2.1%
Return on assets
0.9%
Revenue growth (QoQ)
-2.5%
Net-income growth
-63.9%
Current ratio
0.8×
EBITDA
$26M
Tangible book value
$72M
Cash & investments
$3M
Stock comp / revenue
2.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-02-20 | Bunch John Mark | Tax withheld | 8.9K | $4.43 |
| 2025-12-04 | Bierria Myra C | Grant | 24K | — |
| 2025-12-04 | Hargrave Marjorie Anne | Grant | 24K | — |
| 2025-12-04 | Dozier William | Grant | 24K | — |
| 2025-12-04 | DiPaolo Edward John | Grant | 24K | — |
| 2025-12-04 | Herlin Robert S | Grant | 24K | — |
| 2025-10-31 | Loyd Kelly William | Tax withheld | 9.6K | $4.38 |
| 2025-09-18 | Bunch John Mark | Grant | 56K | — |
| 2025-09-18 | Beatty Kelly | Grant | 19K | — |
| 2025-09-18 | Stash Ryan | Grant | 53K | — |
| 2025-09-18 | Loyd Kelly William | Grant | 103K | — |
| 2025-08-29 | Beatty Kelly | Tax withheld | 1.4K | $5.16 |
| 2025-08-29 | Stash Ryan | Tax withheld | 5.4K | $5.16 |
| 2025-08-29 | Bunch John Mark | Tax withheld | 4.7K | $5.16 |
| 2025-08-29 | Loyd Kelly William | Tax withheld | 11K | $5.16 |
| 2025-06-30 | Beatty Kelly | Tax withheld | 1.3K | $4.70 |
| 2025-06-30 | Stash Ryan | Tax withheld | 8.8K | $4.70 |
| 2025-06-30 | Bunch John Mark | Tax withheld | 3.3K | $4.70 |
| 2025-06-30 | Loyd Kelly William | Tax withheld | 18K | $4.70 |
| 2025-02-21 | Beatty Kelly | Tax withheld | 3.0K | $5.13 |
| 2025-02-21 | Bunch John Mark | Tax withheld | 8.7K | $5.13 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (2)
- Phillips 66
- Targa Resources Corp
Suppliers (10)
- Texian Operating Company
- Continental Resources, Inc.
- Ovintiv USA Inc.
- EOG Resources, Inc.
- PEDEVCO Corp
- Jonah Energy
- MidFirst Bank
- Roth Capital Partners, LLC
- Northland Securities Inc.
- A.G.P./Alliance Global Partners
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-12 | ResultsOtherExhibits | filing ↗ |
| 2026-02-11 | Material agreementExhibits | filing ↗ |
| 2026-02-10 | ResultsOtherExhibits | filing ↗ |
| 2025-12-09 | Shareholder vote | filing ↗ |
| 2025-11-12 | ResultsOtherExhibits | filing ↗ |
| 2025-09-16 | ResultsOtherExhibits | filing ↗ |
| 2025-08-06 | Acquisition/dispositionReg FDExhibits | filing ↗ |
| 2025-07-02 | Material agreementOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-13 | 2026-03-31 | 0001104659-26-060249 ↗ |
| 8-K | 2026-05-12 | 2026-05-11 | 0001104659-26-059493 ↗ |
| 10-Q | 2026-02-11 | 2025-12-31 | 0001104659-26-013382 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0001104659-26-013485 ↗ |
| 8-K | 2026-02-10 | 2026-02-09 | 0001104659-26-012681 ↗ |
| 8-K | 2025-12-09 | 2025-12-04 | 0001104659-25-119669 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001104659-25-110387 ↗ |
| 8-K | 2025-11-12 | 2025-11-10 | 0001104659-25-109555 ↗ |
| 10-K | 2025-09-17 | 2025-06-30 | 0001104659-25-090839 ↗ |
| 8-K | 2025-09-16 | 2025-09-11 | 0001104659-25-090442 ↗ |
| 8-K | 2025-08-06 | 2025-08-04 | 0001558370-25-010526 ↗ |
| 8-K | 2025-07-02 | 2025-06-30 | 0001558370-25-009061 ↗ |