Evolution Petroleum Corp (NYSEAMERICAN:EPM) major shareholder Advisors L.L.C. Jvl sold 22,090 shares of the firm’s stock in a transaction on Monday, September 24th. The shares were sold at an average price of $11.03, for a total value of $243,652.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Advisors L.L.C. Jvl also recently made the following trade(s):

  • On Friday, September 21st, Advisors L.L.C. Jvl sold 45,000 shares of Evolution Petroleum stock. The shares were sold at an average price of $10.92, for a total value of $491,400.00.
  • On Friday, September 14th, Advisors L.L.C. Jvl sold 7,806 shares of Evolution Petroleum stock. The shares were sold at an average price of $10.27, for a total value of $80,167.62.
  • On Wednesday, September 19th, Advisors L.L.C. Jvl sold 119,306 shares of Evolution Petroleum stock. The shares were sold at an average price of $10.77, for a total value of $1,284,925.62.
  • On Monday, September 10th, Advisors L.L.C. Jvl sold 18,914 shares of Evolution Petroleum stock. The shares were sold at an average price of $10.07, for a total value of $190,463.98.
  • On Wednesday, September 12th, Advisors L.L.C. Jvl sold 68,914 shares of Evolution Petroleum stock. The shares were sold at an average price of $10.07, for a total value of $693,963.98.
  • On Friday, June 29th, Advisors L.L.C. Jvl sold 144,706 shares of Evolution Petroleum stock. The shares were sold at an average price of $9.96, for a total value of $1,441,271.76.
  • On Wednesday, June 27th, Advisors L.L.C. Jvl sold 256,231 shares of Evolution Petroleum stock. The shares were sold at an average price of $10.18, for a total value of $2,608,431.58.

NYSEAMERICAN EPM traded up $0.25 during trading on Tuesday, hitting $11.25. The company’s stock had a trading volume of 177,800 shares, compared to its average volume of 153,934. Evolution Petroleum Corp has a fifty-two week low of $6.35 and a fifty-two week high of $12.00.

Evolution Petroleum (NYSEAMERICAN:EPM) last issued its quarterly earnings results on Friday, September 7th. The energy company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. The business had revenue of $11.43 million during the quarter, compared to the consensus estimate of $11.42 million. Evolution Petroleum had a return on equity of 21.51% and a net margin of 35.03%.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Thursday, September 13th.

EPM has been the topic of a number of recent research reports. Zacks Investment Research raised Evolution Petroleum from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research report on Wednesday, July 11th. UBS Group raised Evolution Petroleum from a “neutral” rating to a “buy” rating in a research report on Monday, September 17th. Johnson Rice downgraded Evolution Petroleum from an “accumulate” rating to a “hold” rating and set a $10.00 price objective on the stock. in a research report on Wednesday, August 15th. Finally, Roth Capital reaffirmed a “neutral” rating and set a $8.50 price objective on shares of Evolution Petroleum in a research report on Monday, July 23rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Evolution Petroleum has a consensus rating of “Hold” and an average target price of $9.70.

Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. acquired a new stake in Evolution Petroleum in the second quarter worth about $105,000. Meeder Asset Management Inc. boosted its holdings in Evolution Petroleum by 615.7% in the second quarter. Meeder Asset Management Inc. now owns 12,690 shares of the energy company’s stock worth $125,000 after acquiring an additional 10,917 shares in the last quarter. MetLife Investment Advisors LLC acquired a new stake in Evolution Petroleum in the second quarter worth about $135,000. Spark Investment Management LLC acquired a new stake in Evolution Petroleum in the second quarter worth about $172,000. Finally, Citadel Advisors LLC acquired a new stake in Evolution Petroleum in the second quarter worth about $182,000.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation, an oil and gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. The company primarily holds interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of 13,636 acres located in Northeast Louisiana.

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Insider Buying and Selling by Quarter for Evolution Petroleum (NYSEAMERICAN:EPM)

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