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Conference/Events
Evolution Petroleum management to meet virtually with Roth Capital » 04:55
06/04/21
06/04
04:55
06/04/21
04:55
EPM

Evolution Petroleum

$4.02 /

-0.02 (-0.50%)

Virtual Meeting to be…

Virtual Meeting to be held June 3-4 hosted by Roth Capital.

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EPM Evolution Petroleum
$4.02 /

-0.02 (-0.50%)

09/21/20 Alliance Global Partners
Alliance Global upgrades Evolution Petroleum on removed near-term risks
09/21/20 Alliance Global Partners
Evolution Petroleum upgraded to Buy from Neutral at Alliance Global Partners
09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
Conference/Events
Evolution Petroleum management to meet virtually with Roth Capital » 11:30
06/03/21
06/03
11:30
06/03/21
11:30
EPM

Evolution Petroleum

$4.00 /

-0.04 (-0.99%)

Virtual Meeting to be…

Virtual Meeting to be held June 3-4 hosted by Roth Capital.

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EPM Evolution Petroleum
$4.00 /

-0.04 (-0.99%)

09/21/20 Alliance Global Partners
Alliance Global upgrades Evolution Petroleum on removed near-term risks
09/21/20 Alliance Global Partners
Evolution Petroleum upgraded to Buy from Neutral at Alliance Global Partners
09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
Over a quarter ago
Earnings
Evolution Petroleum reports Q3 EPS (22c), consensus (1c) » 08:59
11/06/20
11/06
08:59
11/06/20
08:59
EPM

Evolution Petroleum

$2.15 /

-0.04 (-1.83%)

Reports Q3 revenue $5.6M,…

Reports Q3 revenue $5.6M, consensus $5.54M. "Although the COVID-19 pandemic continues to create volatility in our sector, our early response has resulted in reductions in our operating cost structure, while maintaining a debt-free balance sheet and a dividend to our shareholders," said Jason Brown, President and CEO. "The foundation of Evolution remains unchanged as we believe that our long life, low decline assets with substantial remaining upside continue to be attractive for the long term. We are working closely with our third-party operators to continue to further reduce operating costs and optimize maintenance capital spending. We are encouraged by the performance of a number of our wells that have been returned to production after being shut-in previously due to declines in oil prices. We were pleased by Denbury's announcement that it had completed its financial restructuring and emerged from Chapter 11 bankruptcy with the ability to return to investments in the Delhi Field. We look forward to kicking-off Phase V development program to increase production along with additional conformance work in 2021 which will slow the decline of current production. Equally important, repairs were recently completed to the purchased CO2 supply line to the Delhi field that had been shut-in since February, reducing the rate of CO2 injection and therefore, reducing our oil production. Purchased CO2 volumes began flowing again in late October at a rate of approximately 65 MMcf per day, providing some much needed pressure support which is expected to increase over the next six months. We also just completed our fall credit line redetermination and extended the facility an additional three years for use in our acquisition effort geared towards supporting our dividend policy. We believe that the recent stabilization of oil prices should help facilitate that effort."

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EPM Evolution Petroleum
$2.15 /

-0.04 (-1.83%)

EPM Evolution Petroleum
$2.15 /

-0.04 (-1.83%)

09/21/20 Alliance Global Partners
Alliance Global upgrades Evolution Petroleum on removed near-term risks
09/21/20 Alliance Global Partners
Evolution Petroleum upgraded to Buy from Neutral at Alliance Global Partners
09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
EPM Evolution Petroleum
$2.15 /

-0.04 (-1.83%)

Hot Stocks
Evolution Petroleum announces retirement of CFO David Joe, Ryan Stash succeeds » 17:26
11/04/20
11/04
17:26
11/04/20
17:26
EPM

Evolution Petroleum

$2.20 /

-0.03 (-1.35%)

On November 4, David Joe…

On November 4, David Joe and the Board of Directors of Evolution Petroleum , agreed to terms of his retirement as the Chief Financial Officer and Senior Vice President of the Company effective December 31. In connection with Mr. Joe's retirement, the Board has appointed Mr. Ryan Stash as the Chief Financial Officer of the Company to replace Mr. Joe effective November 18.

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EPM Evolution Petroleum
$2.20 /

-0.03 (-1.35%)

09/21/20 Alliance Global Partners
Alliance Global upgrades Evolution Petroleum on removed near-term risks
09/21/20 Alliance Global Partners
Evolution Petroleum upgraded to Buy from Neutral at Alliance Global Partners
09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
EPM Evolution Petroleum
$2.20 /

-0.03 (-1.35%)

Upgrade
Alliance Global upgrades Evolution Petroleum on removed near-term risks » 13:06
09/21/20
09/21
13:06
09/21/20
13:06
DEN

Denbury

$16.50 /

+ (+0.00%)

, EPM

Evolution Petroleum

$2.38 /

-0.17 (-6.67%)

Alliance Global Partners…

Alliance Global Partners analyst Andrew Bond upgraded Evolution Petroleum (EPM) to Buy from Neutral with a $3.50 price target. Denbury's (DEN) restructured balance sheet should free up capital and allow the Delhi operator to resume conformance work and commence phase five development as scheduled in May 2021, Bond tells investors in a research note. The analyst believes near-term risks to Evolution's production is now "substantially removed." He believes the company is well positioned to fund its capital expenditures and the current quarterly dividend while maintaining its "strong financial position."

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DEN Denbury
$16.50 /

+ (+0.00%)

DEN Denbury
$16.50 /

+ (+0.00%)

EPM Evolution Petroleum
$2.38 /

-0.17 (-6.67%)

09/21/20 Alliance Global Partners
Evolution Petroleum upgraded to Buy from Neutral at Alliance Global Partners
09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/04/20 Roth Capital
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
EPM Evolution Petroleum
$2.38 /

-0.17 (-6.67%)

Upgrade
Evolution Petroleum upgraded to Buy from Neutral at Alliance Global Partners » 13:02
09/21/20
09/21
13:02
09/21/20
13:02
EPM

Evolution Petroleum

$2.38 /

-0.17 (-6.67%)

Alliance Global Partners…

Alliance Global Partners analyst Andrew Bond upgraded Evolution Petroleum to Buy from Neutral with a $3.50 price target.

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EPM Evolution Petroleum
$2.38 /

-0.17 (-6.67%)

09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/04/20 Roth Capital
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/02/20 Alliance Global Partners
Evolution Petroleum initiated with a Neutral at Alliance Global Partners
EPM Evolution Petroleum
$2.38 /

-0.17 (-6.67%)

Earnings
Evolution Petroleum reports Q4 EPS (7c), consensus (2c) » 16:21
09/09/20
09/09
16:21
09/09/20
16:21
EPM

Evolution Petroleum

$2.63 /

+0.08 (+3.14%)

Reports Q4 revenue…

Reports Q4 revenue $3.35M, consensus $4.49M. "Fiscal 2020 has been a challenging year for everyone, but especially for the oil and gas sector as the global COVID-19 pandemic disrupts the balance of oil supply and demand. I am pleased that we remain well positioned to endure the current economic climate and take advantage of opportunities that we find. We continue to work with our operators to ensure a proper focus on reservoir integrity and cost control. In July of 2020, Denbury Resources, the operator of our interests in the Delhi Field, announced that it had entered into a restructuring support agreement under Chapter 11 of the Bankruptcy Code in Texas. Denbury subsequently announced on September 3rd that its plan to eliminate $2.1 billion of its bond debt has been confirmed by the court which will substantially reduce its debt, strengthen its balance sheet, and free up capital for investment in properties such as Delhi. We are encouraged by our continued conversations with Denbury and believe the Delhi Phase V expansion will begin later in our fiscal 2021. We further expect the resumption of historically beneficial conformance expenditures to improve the CO2 flood performance" said Jason Brown, president and CEO.

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EPM Evolution Petroleum
$2.63 /

+0.08 (+3.14%)

09/04/20
Fly Intel: Top five analyst upgrades
09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/04/20 Roth Capital
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/02/20 Alliance Global Partners
Evolution Petroleum initiated with a Neutral at Alliance Global Partners
Upgrade
Fly Intel: Top five analyst upgrades » 10:05
09/04/20
09/04
10:05
09/04/20
10:05
MIK

Michaels

$10.32 /

+0.63 (+6.50%)

, TTC

Toro Company

$79.47 /

+2.87 (+3.75%)

, BNED

Barnes & Noble Education

$2.41 /

+0.16 (+7.11%)

, EPM

Evolution Petroleum

$2.75 /

+0.05 (+1.85%)

, NCMI

National CineMedia

$3.87 /

+0.28 (+7.80%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Michaels (MIK) upgraded to Outperform from Neutral at Credit Suisse with analyst Seth Sigman saying Michaels is an "attractive self-help story" which should continue to benefit from strong demand trends in its category in the near term while delivering "significant" productivity improvements over the medium- to longer-term. 2. Toro Company (TTC) upgraded to Outperform from Neutral at Baird with analyst Timothy Wojs citing improving end-user demand coupled with restocking and pent-up equipment purchases which could result in accelerating revenue and earnings growth in 2021. 3. Barnes & Noble Education (BNED) upgraded to Buy from Hold at Craig-Hallum with analyst Alex Fuhrman saying while he is "conservatively modeling" negative adjusted EBITDA this year, Fuhrman expects the company to return to "significant profitability" next school year as Bartleby and First Day Complete are showing positive signs amid the pandemic and position the company to emerge from COVID as a more profitable one. 4. Evolution Petroleum (EPM) upgraded to Buy from Neutral at Roth Capital with analyst John White citing a potential uptick in production at the beginning of 2021 as higher CO2 injections at the Delhi field are anticipated, Denbury's emergence from Chapter 11 with improved free cash flow potentially providing further production growth, and a 3.6% dividend yield with potential for increases. 5. National CineMedia (NCMI) upgraded to Outperform from Market Perform at Barrington with analyst James Goss saying while Goss expects a return to normal will take time and assumes 2021 to be a transitional year ahead of box office and attendance trends getting close to 2019 levels in 2022, he also argues that structural initiatives and the increasing importance of digital efforts will create a greater opportunity as the company emerges from the pandemic. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
TTC Toro Company
$79.47 /

+2.87 (+3.75%)

NCMI National CineMedia
$3.87 /

+0.28 (+7.80%)

MIK Michaels
$10.32 /

+0.63 (+6.50%)

BNED Barnes & Noble Education
$2.41 /

+0.16 (+7.11%)

MIK Michaels
$10.32 /

+0.63 (+6.50%)

09/04/20 JPMorgan
JPMorgan boosts Michaels target to $16, calls selloff 'highly irrational'
09/04/20 Loop Capital
Michaels price target raised to $20 from $8 at Loop Capital
09/04/20 Credit Suisse
Michaels upgraded to Outperform after selloff at Credit Suisse
09/03/20 Credit Suisse
Michaels upgraded to Outperform from Neutral at Credit Suisse
TTC Toro Company
$79.47 /

+2.87 (+3.75%)

09/04/20 Baird
Baird upgrades Toro Company as end user demand improves
09/04/20 Baird
Toro Company upgraded to Outperform from Neutral at Baird
12/12/19 Cleveland Research
Cleveland Research lowers FY20 estimates for Toro Company
BNED Barnes & Noble Education
$2.41 /

+0.16 (+7.11%)

09/04/20 Craig-Hallum
Barnes & Noble Education upgraded to Buy from Hold at Craig-Hallum
05/13/20 Needham
CA schools online in fall negative for Barnes & Noble Education, says Needham
03/16/20 Craig-Hallum
Barnes & Noble Education downgraded to Hold from Buy at Craig-Hallum
09/17/19 Sidoti
Barnes & Noble Education downgraded to Neutral from Buy at Sidoti
EPM Evolution Petroleum
$2.75 /

+0.05 (+1.85%)

09/04/20
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/04/20 Roth Capital
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/02/20 Alliance Global Partners
Evolution Petroleum initiated with a Neutral at Alliance Global Partners
08/13/20 Alliance Global Partners
Alliance Global downgrades Evolution Petroleum to Neutral on Delhi uncertainty
NCMI National CineMedia
$3.87 /

+0.28 (+7.80%)

09/04/20 Barrington
National CineMedia upgraded to Outperform from Market Perform at Barrington
07/29/20 Wedbush
National CineMedia downgraded to Neutral at Wedbush
07/29/20 Wedbush
National CineMedia downgraded to Neutral from Outperform at Wedbush
07/13/20 MKM Partners
MKM Partners lowers price targets in Cinema sector
TTC Toro Company
$79.47 /

+2.87 (+3.75%)

NCMI National CineMedia
$3.87 /

+0.28 (+7.80%)

MIK Michaels
$10.32 /

+0.63 (+6.50%)

BNED Barnes & Noble Education
$2.41 /

+0.16 (+7.11%)

MIK Michaels
$10.32 /

+0.63 (+6.50%)

BNED Barnes & Noble Education
$2.41 /

+0.16 (+7.11%)

NCMI National CineMedia
$3.87 /

+0.28 (+7.80%)

MIK Michaels
$10.32 /

+0.63 (+6.50%)

BNED Barnes & Noble Education
$2.41 /

+0.16 (+7.11%)

MIK Michaels
$10.32 /

+0.63 (+6.50%)

Upgrade
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital » 08:36
09/04/20
09/04
08:36
09/04/20
08:36
EPM

Evolution Petroleum

$2.69 /

-0.155 (-5.45%)

As previously reported,…

As previously reported, Roth Capital analyst John M. White upgraded Evolution Petroleum to Buy from Neutral with a $5.50 price target. The analyst cited a potential uptick in production at the beginning of 2021 as higher CO2 injections at the Delhi field are anticipated, Denbury's emergence from Chapter 11 with improved free cash flow potentially providing further production growth, and a 3.6% dividend yield with potential for increases.

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EPM Evolution Petroleum
$2.69 /

-0.155 (-5.45%)

09/04/20 Roth Capital
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital
09/02/20 Alliance Global Partners
Evolution Petroleum initiated with a Neutral at Alliance Global Partners
08/13/20 Alliance Global Partners
Alliance Global downgrades Evolution Petroleum to Neutral on Delhi uncertainty
08/13/20 Alliance Global Partners
Evolution Petroleum downgraded to Neutral from Buy at Alliance Global Partners
Upgrade
Evolution Petroleum upgraded to Buy from Neutral at Roth Capital » 07:57
09/04/20
09/04
07:57
09/04/20
07:57
EPM

Evolution Petroleum

$2.69 /

-0.155 (-5.45%)

Roth Capital analyst John…

Roth Capital analyst John M. White upgraded Evolution Petroleum to Buy from Neutral with a $5.50 price target.

ShowHide Related Items >><<
EPM Evolution Petroleum
$2.69 /

-0.155 (-5.45%)

09/02/20 Alliance Global Partners
Evolution Petroleum initiated with a Neutral at Alliance Global Partners
08/13/20 Alliance Global Partners
Alliance Global downgrades Evolution Petroleum to Neutral on Delhi uncertainty
08/13/20 Alliance Global Partners
Evolution Petroleum downgraded to Neutral from Buy at Alliance Global Partners
05/08/20 Alliance Global Partners
Evolution Petroleum price target lowered to $4.50 from $7.50 at Alliance Global

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