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Evolution Petroleum (EPM) investor relations material
Evolution Petroleum Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 revenue was $22.554 million, up 6% YoY; operating income was $1.861 million, while net loss was $2.992 million versus net income of $824,000, including a $4.054 million unrealized derivative loss.
Adjusted EBITDA was $6.844 million versus $7.301 million YoY; adjusted net loss was $310,000 versus $79,000.
Average production was 6,978 BOEPD, down 4.6% YoY; higher realized prices partly offset lower production.
Completed a $16.0 million Permian minerals acquisition, adding 3,420 net royalty acres in the Midland Basin; a post-quarter Williston farmout generated approximately $2.5 million while retaining an ORRI.
Financial highlights
Oil, natural gas and NGL revenue totaled $22.554 million versus $21.288 million YoY; crude oil revenue rose 7.9%, NGL revenue 26.5%, and natural gas revenue fell 7.2%.
Net loss was $2.992 million, or $0.08 per diluted share, versus net income of $824,000, or $0.02 per share; adjusted diluted EPS excluding selected items was $(0.01).
Adjusted EBITDA was $6.844 million versus $7.301 million YoY; adjusted net loss was $310,000 versus $79,000.
Operating cash flow was $3.288 million; cash flow before working-capital changes was $8.4 million.
Investing cash outflow was $17.3 million, including the Permian acquisition; ending cash was $3.1 million.
Outlook and guidance
FY27 budgeted capital expenditures are $4.0 million–$6.0 million, excluding the Permian acquisition, potential acquisitions and Chaveroo drilling.
A full quarter of Permian Minerals ownership and additional Permian, Haynesville and Bossier wells are expected to contribute to cash flow in coming quarters.
FY27 plans include bringing about eight additional gross SCOOP/STACK wells online; further operator drilling and workovers are expected across the portfolio.
Cash, operating cash flow and available borrowings are expected to cover operations, capital expenditures and dividends for at least 12 months.
Chaveroo drilling timing and participation depend on operator plans, commodity prices and capital availability; further acreage farmouts are under discussion.
- A $16M Permian royalty acquisition expands a high-yield, capital-light portfolio.EPM
Investor presentation - Six directors, auditor ratification, and executive pay go to vote Dec. 3, 2026.EPM
Proxy filing - A $16M Midland royalty deal expands the dividend-focused portfolio and supports expected cash-flow growth.EPM
Noble Capital Markets Virtual Equity Investor Conference - Permian Basin mineral acquisition and diversified growth drive strong cash flow and dividend outlook.EPM
Small-Cap Virtual Conference - Recent Midland Basin acquisition and asset diversity drive resilient cash flow and dividend growth.EPM
Water Tower Research Virtual Insights Conference - Q4 net income rebounded, revenue rose 20%, EBITDA doubled, and a major Permian acquisition supports growth.EPM
Q4 2026 - Expanding royalty assets and high dividends drive strong shareholder returns and portfolio growth.EPM
Investor presentation - Delivers strong dividends and growth through disciplined acquisitions and a diversified asset base.EPM
Investor presentation - New asset additions drive organic growth and support long-term dividend stability.EPM
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