Evolution Petroleum Corporation (NYSEAMERICAN:EPM) is included among the 15 Stocks with Highest Dividend to Invest in.
On November 14, Northland cut its price target on Evolution Petroleum Corporation (NYSEAMERICAN:EPM) to $4 from $4.50 and maintained a Market Perform rating, according to a report by The Fly. The analyst said the fiscal Q1 results came in slightly ahead of expectations and looked “solid,” but the firm lowered its target because of weaker benchmark commodity prices.
In fiscal Q1 2026, the company posted $21.2 million in revenue, a decline of nearly 3% from the same period last year. Natural gas revenue, however, rose 38% to $5.9 million from the prior-year quarter. Evolution Petroleum Corporation (NYSEAMERICAN:EPM) also expanded its footprint by purchasing assets in the SCOOP/STACK region of Oklahoma, which marked its largest acquisition of mineral and royalty interests and its second deal in that area.
Evolution Petroleum Corporation (NYSEAMERICAN:EPM) continued to deliver steady dividend performance. During the quarter, it returned $4.2 million to shareholders through dividends and has now paid regular dividends for 49 consecutive quarters. Management continues to focus on operating efficiently, allocating capital carefully, and maintaining financial strength. The company also aims to generate sustainable free cash flow to support its regular dividend and pursue opportunistic acquisitions.
Evolution Petroleum Corporation (NYSEAMERICAN:EPM) operates as an independent energy company, investing in and managing onshore oil and natural gas properties across the US.
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