Evolution Petroleum (EPM) Tops Q1 EPS by 4c
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November 4, 2015 5:10 PM EST
HOUSTON, Nov. 4, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today reported financial and operating highlights for its first quarter of fiscal 2016 ended September 30, 2015 (the "current quarter"), with comparisons to the fourth quarter ended June 30, 2015 (the "prior quarter") and the quarter ended September 30, 2014 (the "year-ago quarter"). The results for the year-ago quarter did not include the Company's reversionary working interest in the Delhi Field, which became effective November 1, 2014, so most comparisons will focus on sequential results from the prior quarter.
Highlights for the Quarter Ended September 30,... More
November 3, 2015 6:55 PM EST
HOUSTON, Nov. 3, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of November 2015 and is payable on November 30, 2015 to holders of record at the close of business on November 16, 2015. The payment will be 1/12th of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference.
Expected Tax Treatment
Based on our current projections for the fiscal year ending June 30, 2016, we expect preferred stock... More
