The call communicated a clear operational and financial improvement: a large 41% year-over-year rise in adjusted EBITDA, a return to net income, production growth, meaningful per‑BOE cost reductions, and momentum in the minerals & royalty platform that should provide high‑margin, capital‑light cash flow. Counterbalancing these positives are operational disruptions (notably Delhi compressor downtime), modest top-line growth (revenues +2%), timing and one‑time benefits that may temper sustainability, and a leverage position above the company’s long‑term target with a relatively small cash balance. Overall, the tone was constructive and results were materially improved, but execution risks and balance‑sheet considerations remain under watch.

Company Guidance

Management's forward guidance emphasized capital discipline and downside protection rather than specific production targets: they expect remaining fiscal CapEx of roughly $4–6 million, will continue adding hedges (swaps and collars) to limit downside while preserving upside, and target long‑term net‑debt near ~1.0x while staying opportunistic on accretive A&D. Key Q2 metrics cited on the call: revenues $20.7M (+2% YoY), adjusted EBITDA $8.0M (+41% YoY), net income $1.1M ($0.03/sh) vs prior‑year loss $1.8M ($0.06), LOE $11.5M or $16.96/BOE (prior $20.05/BOE), cash $3.8M, borrowings $54.5M, total liquidity ≈$13.5M (vs $11.9M), $4.2M paid in dividends and a $0.12/share quarterly dividend; operational notes included 3 SCOOPSTACK wells to sales and 16 wells in progress, 14 TexMex workovers adding ~80 bbl/d, Chabro ~5% above expectations, and the bulk of Haynesville‑Bossier consideration (~$4M) hitting fiscal Q3.

Adjusted EBITDA Growth

Adjusted EBITDA increased 41% year over year to $8.0 million, driven by stronger realized natural gas pricing, realized gains on derivative contracts, and lower lease operating expenses, despite only a 2% increase in revenue.

Profitability Turnaround

Net income was $1.1 million ($0.03 per diluted share) versus a net loss of $1.8 million ($0.06 per share) in the prior-year quarter, reflecting improved margins and cash flow generation.

Production Growth and Portfolio Diversification

Total production rose approximately 6% year over year, aided by mineral and royalty contributions (SCOOPSTACK). Management highlighted a balanced mix of oil and natural gas assets and increased exposure to gas as contributors to resilient performance.

Lower LOE and Unit Cost Improvements

Lease operating expenses declined to $11.5 million, or $16.96 per BOE, versus $20.05 per BOE in the prior-year quarter (≈15% reduction per BOE), aided by mineral/royalty mix and cessation of CO2 purchases at Delhi, plus other cost-control initiatives.

Minerals & Royalty Platform Momentum

SCOOPSTACK minerals activity ramped: three wells turned to sales during the quarter and 16 additional wells in progress. Management anticipates meaningful contributions from newly acquired Haynesville-Bossier minerals (closed late Dec/Jan) with most related cash outlays shifting into fiscal Q3.

Capital Allocation, Liquidity and Shareholder Returns

Total liquidity (cash plus available borrowing capacity) increased to ~$13.5 million from $11.9 million last quarter (~+13%). Cash on hand was $3.8 million and borrowings were $54.5 million. The company paid $4.2 million in dividends during the quarter and the Board declared a $0.12 per share quarterly dividend. Management reiterated a $4–6 million fiscal year CapEx range and a disciplined hedging program to limit downside risk.

Operational Efficiency Gains

Field-level improvements included Chabro pump conversions (ESP to rod pumps) that improved lifting efficiency and stabilized production (~5% above initial expectations) and TexMex optimization/workovers that added incremental production (~14 workovers netting ~80 BOPD) and are expected to reduce per-BOE costs over time.

Evolution Petroleum (EPM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EPM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 12, 2026	2026 (Q3)	>-0.01 / -	-0.07	―	―	―
Feb 10, 2026	2026 (Q2)	<0.01 / 0.03	-0.06	150.00% (+0.09)	―
Nov 11, 2025	2026 (Q1)	0.00 / 0.02	0.06	-66.67% (-0.04)	―
Sep 16, 2025	2025 (Q4)	0.01 / 0.10	0.04	150.00% (+0.06)	―
May 13, 2025	2025 (Q3)	0.04 / -0.07	0.01	-800.00% (-0.08)	―
Feb 11, 2025	2025 (Q2)	-0.01 / -0.06	0.03	-300.00% (-0.09)	―
Nov 12, 2024	2025 (Q1)	0.04 / 0.06	0.04	50.00% (+0.02)	―
Sep 10, 2024	2024 (Q4)	0.06 / 0.04	0	―	―
May 07, 2024	2024 (Q3)	0.03 / 0.01	0.41	-97.56% (-0.40)	―
Feb 06, 2024	2024 (Q2)	0.06 / 0.03	0.31	-90.32% (-0.28)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EPM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 10, 2026	$4.00	$4.22	+5.50%
Nov 11, 2025	$4.46	$4.26	-4.35%
Sep 16, 2025	$5.22	$5.19	-0.54%
May 13, 2025	$4.14	$4.19	+1.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Evolution Petroleum (EPM) report earnings?

Evolution Petroleum (EPM) is schdueled to report earning on May 12, 2026, After Close (Confirmed).

What is Evolution Petroleum (EPM) earnings time?

Evolution Petroleum (EPM) earnings time is at May 12, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EPM EPS forecast?

EPM EPS forecast for the fiscal quarter 2026 (Q3) is >-0.01.