Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Evolution Petroleum Corp (EPM) Share Price

Media coverage about Evolution Petroleum Corp (NYSE:EPM) has trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Evolution Petroleum Corp earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 46.6861880445002 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

EPM has been the topic of a number of recent research reports. Scotiabank set a $10.00 target price on Evolution Petroleum Corp and gave the company a “buy” rating in a research report on Saturday, July 22nd. BidaskClub raised Evolution Petroleum Corp from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Roth Capital set a $11.00 target price on Evolution Petroleum Corp and gave the company a “buy” rating in a research report on Monday, May 22nd. Finally, Zacks Investment Research raised Evolution Petroleum Corp from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $10.00.

Evolution Petroleum Corp (NYSE EPM) opened at 7.25 on Friday. Evolution Petroleum Corp has a 12-month low of $5.59 and a 12-month high of $10.20. The company has a market cap of $236.84 million and a PE ratio of 9.21. The company’s 50-day moving average price is $7.94 and its 200-day moving average price is $7.95.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 4.14%. This is a boost from Evolution Petroleum Corp’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, September 14th.

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Evolution Petroleum Corp Company Profile

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.