Evolution Petroleum (NYSEAMERICAN:EPM) Stock Price Up 0.6% – Still a Buy?

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM)’s share price rose 0.6% during mid-day trading on Monday . The company traded as high as $3.62 and last traded at $3.55. Approximately 665,791 shares were traded during trading, an increase of 65% from the average daily volume of 402,758 shares. The stock had previously closed at $3.53.

Evolution Petroleum Stock Performance

The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market cap of $126.62 million, a P/E ratio of -365.00 and a beta of 0.26. The stock’s fifty day moving average price is $4.14 and its two-hundred day moving average price is $4.67.

Evolution Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 13.2%. The ex-dividend date is Monday, December 15th. Evolution Petroleum’s dividend payout ratio is currently 600.08%.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation (NYSE American: EPM) is an independent oil and natural gas company focused on enhanced oil recovery (EOR) through the use of carbon dioxide. Headquartered in Houston, Texas, the company specializes in acquiring and developing mature hydrocarbon reservoirs that benefit from CO₂ injection to increase production efficiency. Evolution Petroleum’s business model combines property acquisition, reservoir engineering, and CO₂ management to optimize recovery of oil and associated gas.

The company’s primary asset is the Jackson Dome CO₂ field in southwestern Mississippi, where natural carbon dioxide is produced, separated and reinjected into adjacent oil-bearing formations.