Evolution Petroleum (EPM) Misses Q1 EPS by 3c

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Evolution Petroleum Reports First Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Second Quarter

November 7, 2023 4:10 PM EST

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE American: EPM) (Evolution or the Company) today announced its financial and operating results for its fiscal first quarter ended September 30, 2023 (Fiscal Q1 or the current quarter). Evolution also declared a quarterly cash dividend of $0.12 per common share for the fiscal 2024 second quarter.

Key Highlights

Entered into a participation agreement with PEDEVCO Corp. (PEDEVCO") to jointly develop horizontal wells in the Chaveroo oilfield in the Permian Basin in New Mexico.... More