Media headlines about Evolution Petroleum Corp (NYSE:EPM) have been trending somewhat negative on Wednesday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Evolution Petroleum Corp earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned headlines about the energy company an impact score of 47.3101929707816 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Evolution Petroleum Corp (EPM) Short Interest Down 8.5% in August (americanbankingnews.com)
- Edited Transcript of EPM earnings conference call or presentation 7-Sep-17 3:00pm GMT (finance.yahoo.com)
- Evolution Petroleum Corp (EPM) Cut to Sell at Zacks Investment Research (americanbankingnews.com)
- Evolution Petroleum Corp (EPM) Releases Earnings Results, Misses Estimates By $0.02 EPS (americanbankingnews.com)
- Evolution Petroleum’s (EPM) CEO Randall Keys on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Evolution Petroleum Corp from a “hold” rating to a “sell” rating in a research report on Monday. Northland Securities set a $8.00 price target on shares of Evolution Petroleum Corp and gave the stock a “hold” rating in a research report on Monday, August 28th. Roth Capital set a $11.00 price target on shares of Evolution Petroleum Corp and gave the stock a “buy” rating in a research report on Thursday, August 10th. BidaskClub cut shares of Evolution Petroleum Corp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, Scotiabank set a $10.00 price target on shares of Evolution Petroleum Corp and gave the stock a “buy” rating in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $9.60.
Evolution Petroleum Corp (NYSE EPM) opened at 6.85 on Wednesday. The company has a market capitalization of $223.78 million and a PE ratio of 8.70. Evolution Petroleum Corp has a 12 month low of $5.79 and a 12 month high of $10.20. The stock’s 50 day moving average is $7.60 and its 200-day moving average is $7.85.
Evolution Petroleum Corp (NYSE:EPM) last announced its quarterly earnings results on Wednesday, September 6th. The energy company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.02). Evolution Petroleum Corp had a net margin of 25.40% and a return on equity of 14.11%. The business had revenue of $8.84 million during the quarter, compared to analyst estimates of $9.52 million. During the same quarter last year, the company posted $0.63 earnings per share. The company’s revenue was up 22.1% compared to the same quarter last year. On average, analysts expect that Evolution Petroleum Corp will post $0.33 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.075 dividend. This is a boost from Evolution Petroleum Corp’s previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a yield of 4.38%. The ex-dividend date is Thursday, September 14th.
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About Evolution Petroleum Corp
Evolution Petroleum Corporation is an independent oil and gas company. The Company is engaged in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States. Its assets include interests in a carbon dioxide (CO2) enhanced oil recovery project (EOR) in Louisiana’s Delhi field.
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