EPM PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d

EPM ▲ +12.35% at T+5d

SHORT call ✗ call lost -12.35% · α vs SPY -13.51% · entry $4.21 → $4.73

Next anchor: T+20d in 17d

Last close $4.41 (close May 22) · -4.75% from $4.21 entry (call sign-flipped)

Entry anchored
May 12, 03:59 PM ET
via Databento tick

T+1d

0.00%

call 0.00% · α -0.00%

$4.21

settled 11d ago

T+5d

+12.35%

call -12.35% · α -13.51%

$4.73

settled 5d ago

T+20d

—

call — · α —

—

in 17d

T+60d

—

call — · α —

—

in 2mo

Price Chart

Loading chart...

Executive Summary

Evolution Petroleum reported a GAAP net loss of $8.9M for fiscal Q3 2026, driven by $7.6M in unrealized hedge losses and unfavorable gas differentials, though adjusted net loss was $2.9M. Revenue fell 11% YoY to $20.2M, slightly below consensus, while EPS of -$0.26 missed the $0.02 consensus. The company maintained its $0.12 quarterly dividend and expects 23 new wells to boost production in Q4.

Key Financial Metrics

Free Cash Flow

$2.2M

Actionable Insight

The Q3 results were weak with revenue and earnings both declining, but the company expects production to rebound in Q4 with 23 new wells. Watch for Q4 production updates and whether the dividend remains sustainable given rising debt levels.

Key Facts

GAAP net loss of $8.9M vs net loss of $2.2M in prior-year quarter
Revenue declined 11% YoY to $20.2M from $22.6M
EPS of -$0.26 vs consensus of $0.02 (miss)
Adjusted net loss of $2.9M vs adjusted net income of $0.8M in prior year
Adjusted EBITDA fell 58% to $3.1M from $7.4M
Maintained $0.12 quarterly dividend (51st consecutive quarter)
Expects 23 wells to begin producing in near term, driving Q4 revenue
Debt increased to $56.5M from $37.5M at June 2025
Realized hedge losses of $2.2M and $1.2M prior-period adjustment at Delhi Field

Financial Impact

Revenue decline of $2.4M YoY; net loss swing of $6.8M; adjusted EBITDA decline of $4.3M

revenuenet incomeadjusted EBITDAEPS

Risk Factors

Continued unfavorable natural gas differentials at Jonah and Barnett fields
High debt of $56.5M with only $10.4M total liquidity
Unrealized hedge losses could continue if commodity prices move against positions
Execution risk on bringing 23 new wells online

Market Snapshot

Exchange

NYSE

Sector

Crude Petroleum & Natural Gas

Analyst Consensus

75% bullish (8 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3293500

US Market Status

Market Closed — Opens Tue (34h 52m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access