Evolution Petroleum (EPM) Declares $0.05 Quarterly Dividend; 3.9% Yield

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Go back to Evolution Petroleum (EPM) Declares $0.05 Quarterly Dividend; 3.9% Yield

Evolution Petroleum Announces Results for the Quarter Ended March 31, 2016 and Declares Dividends on Common and Preferred Stock

May 4, 2016 4:18 PM EDT

HOUSTON, May 4, 2016 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) ("Evolution" or the "Company") today reported financial and operating highlights for the quarter ended March 31, 2016 (the "current quarter") with comparisons to the quarter ended December 31, 2015 (the "prior quarter") and the quarter ended March 31, 2015 (the "year-ago quarter").  This is the third quarter of our fiscal year ending June 30, 2016.

Results for the Quarter Ended March 31, 2016

Our net production increased 2% to 1,835 barrels of oil equivalent per day ("BOEPD"), essentially all crude oil from the Delhi field.... More