$0.07 EPS Expected for Evolution Petroleum Corp (EPM)

August 29, 2017 – By Peter Erickson

Investors sentiment decreased to 1.32 in 2016 Q4. Its down 0.02, from 1.34 in 2016Q3. It turned negative, as 9 investors sold Evolution Petroleum Corp shares while 29 reduced holdings. 20 funds opened positions while 30 raised stakes. 23.36 million shares or 1.79% less from 23.79 million shares in 2016Q3 were reported.
Jpmorgan Chase holds 41,353 shares or 0% of its portfolio. Pdt Ptnrs Ltd Llc reported 30,274 shares or 0.02% of all its holdings. 22,100 are owned by Stephens Incorporated Ar. Northern holds 0% or 317,194 shares in its portfolio. California Public Employees Retirement Systems has 0% invested in Evolution Petroleum Corp (NYSEMKT:EPM). Ameriprise Financial reported 0% stake. Eam invested in 268,247 shares or 0.36% of the stock. Acadian Asset Mngmt Ltd Liability Corporation has invested 0% in Evolution Petroleum Corp (NYSEMKT:EPM). Advisory Research reported 2.81 million shares. Tfs Cap Ltd Liability stated it has 25,462 shares. Renaissance Techs Ltd Llc holds 913,200 shares or 0.01% of its portfolio. Blackrock Institutional Trust Com Na holds 0% or 833,733 shares. California State Teachers Retirement Systems reported 0% stake. Blackrock has 0% invested in Evolution Petroleum Corp (NYSEMKT:EPM). Goldman Sachs Group Inc Incorporated holds 0% in Evolution Petroleum Corp (NYSEMKT:EPM) or 13,724 shares.

Wall Street await Evolution Petroleum Corp (NYSEMKT:EPM) to release earnings on September, 6. Analysts forecast earnings per share of $0.07, down exactly $0.02 or 22.22 % from 2014’s $0.09 EPS. The expected EPM’s profit could reach $2.31M giving the stock 25.89 P/E in the case that $0.07 earnings per share is reported. After posting $0.07 EPS for the previous quarter, Evolution Petroleum Corp’s analysts now forecast 0.00 % EPS growth. It closed at $7.25 lastly. It is down 52.96% since August 29, 2016 and is uptrending. It has outperformed by 36.26% the S&P500.

Evolution Petroleum Corp (NYSEMKT:EPM) Ratings Coverage

Among 3 analysts covering Evolution Petroleum (NYSEMKT:EPM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Evolution Petroleum had 5 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Buy” rating by Sidoti given on Thursday, October 15. As per Monday, November 9, the company rating was downgraded by Northland Capital. On Thursday, October 20 the stock rating was downgraded by Northland Capital to “Market Perform”.

Evolution Petroleum Corporation is an independent gas and oil company. The company has market cap of $239.70 million. The Firm is engaged in the acquisition, exploitation and development of properties for the production of natural gas and crude oil, onshore in the United States. It has a 9.2 P/E ratio. The Company’s assets include interests in a carbon dioxide enhanced oil recovery project (EOR) in Louisiana’s Delhi field.

More recent Evolution Petroleum Corp (NYSEMKT:EPM) news were published by: Seekingalpha.com which released: “The Evolution Petroleum Conundrum” on April 24, 2017. Also Seekingalpha.com published the news titled: “Trouble In Evolution Petroleum Paradise” on November 16, 2016. Seekingalpha.com‘s news article titled: “Evolution Petroleum – Profitable Despite Low Oil Prices” with publication date: June 05, 2017 was also an interesting one.