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Evolution Petroleum Q1 FY27 Swings to $2.99 Million Net Loss Year Over Year

PUBT·11/10/2026 21:48:53
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Evolution Petroleum Q1 FY27 Swings to $2.99 Million Net Loss Year Over Year
  • Evolution Petroleum swung to a fiscal first-quarter FY27 net loss of $2.99 million from net income of $824,000 a year earlier.
  • Oil, natural gas, and NGL revenues rose 6% year-over-year to $22.55 million, driven by higher realized oil and NGL prices.
  • Average production fell 5% year-over-year to 6,978 barrels of oil equivalent per day, partly due to unplanned downtime at Delhi and TexMex.
  • Following quarter-end, a Williston Basin farmout covering 636 net acres generated approximately $2.5 million.
  • A quarterly cash dividend of $0.12 per common share will be payable December 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evolution Petroleum Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611101631PRIMZONEFULLFEED9874923) on November 10, 2026, and is solely responsible for the information contained therein.