$EPM
EVOLUTION PETROLEUM CORP Stock $epm

$epm Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000100665516000105 Filed on May 06, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q2
Revenue	$7.240M	$5.107M	$9.064M
YoY Change	-20.12%	-27.71%	110.27%
Cost Of Revenue	$2.030M	$2.200M	$2.850M
YoY Change	-28.77%	-31.25%	1400.0%
Gross Profit	$5.210M	$2.900M	$6.210M
YoY Change	-16.1%	-24.87%	50.36%
Gross Profit Margin	71.96%	56.79%	68.52%
Selling, General & Admin	$3.030M	$2.300M	$1.680M
YoY Change	80.36%	56.46%	11.26%
% of Gross Profit	58.16%	79.31%	27.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.220M	$1.269M	$1.200M
YoY Change	1.67%	11.44%	313.79%
% of Gross Profit	23.42%	43.75%	19.32%
Operating Expenses	$4.260M	$5.788M	$2.880M
YoY Change	47.92%	-0.53%	60.0%
Operating Profit	$954.8K	-$681.1K	$3.335M
YoY Change	-71.37%	-154.67%	41.01%
Interest Expense	-$660.0K	$14.04K	-$120.0K
YoY Change	450.0%	-43.0%	1100.0%
% of Operating Profit	-69.12%		-3.6%
Other Income/Expense, Net	$28.10M
YoY Change
Pretax Income	$28.39M	-$201.9K	$3.210M
YoY Change	784.42%	-116.43%	36.6%
Income Tax	$7.520M	-$72.34K	$1.330M
% Of Pretax Income	26.49%		41.43%
Net Earnings	$20.87M	-$129.6K	$1.890M
YoY Change	1004.23%	-117.64%	17.39%
Net Earnings / Revenue	288.24%	-2.54%	20.85%
Basic Earnings Per Share	$0.63	-$0.01	$0.05
Diluted Earnings Per Share	$0.63	-$0.01	$0.05
COMMON SHARES
Basic Shares Outstanding	32.91M shares	32.88M shares	32.91M shares
Diluted Shares Outstanding		32.88M shares

Balance Sheet

Concept	2016 Q2	2016 Q1	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$34.08M	$14.01M	$20.12M
YoY Change	69.38%	-31.29%	-15.96%
Cash & Equivalents	$34.08M	$14.01M	$20.12M
Short-Term Investments
Other Short-Term Assets	$370.0K	$250.0K	$430.0K
YoY Change	-13.95%	-34.21%	-52.75%
Inventory
Prepaid Expenses
Receivables	$2.638M	$1.931M	$3.122M
Other Receivables	$595.00	$13.47K	$318.00
Total Short-Term Assets	$37.09M	$16.76M	$23.69M
YoY Change	56.53%	-29.83%	-9.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$60.00M	$53.68M	$45.46M
YoY Change	31.97%	32.02%	18.87%
Goodwill
YoY Change
Intangibles	$0.00	$0.00	$44.80K
YoY Change	-100.0%	-100.0%	9.47%
Long-Term Investments	$110.0K	$110.0K
YoY Change
Other Assets	$365.5K	$20.00K	$726.0K
YoY Change	-49.66%	-88.24%	56.46%
Total Long-Term Assets	$60.36M	$53.91M	$46.19M
YoY Change	30.69%	30.47%	19.32%
TOTAL ASSETS
Total Short-Term Assets	$37.09M	$16.76M	$23.69M
Total Long-Term Assets	$60.36M	$53.91M	$46.19M
Total Assets	$97.45M	$70.67M	$69.88M
YoY Change	39.45%	8.38%	7.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.809M	$7.465M	$8.174M
YoY Change	-28.93%	63.85%	1750.46%
Accrued Expenses	$2.098M	$1.226M	$855.4K
YoY Change	145.27%	55.22%	-66.56%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$8.529M	$8.846M	$9.329M
YoY Change	-8.58%	61.95%	211.0%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$760.0K	$700.0K	$730.0K
YoY Change	4.11%	-9.09%	204.17%
Total Long-Term Liabilities	$760.0K	$700.0K	$730.0K
YoY Change	4.11%	-9.09%	204.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.529M	$8.846M	$9.329M
Total Long-Term Liabilities	$760.0K	$700.0K	$730.0K
Total Liabilities	$21.13M	$20.39M	$21.31M
YoY Change	-0.83%	19.44%	62.17%
SHAREHOLDERS EQUITY
Retained Earnings	$29.12M	$10.04M	$11.70M
YoY Change	148.94%	-13.54%	-32.05%
Common Stock	$32.91K	$32.89K	$32.85K
YoY Change	0.19%	-0.05%	0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$76.32M	$50.29M	$48.58M
YoY Change
Total Liabilities & Shareholders Equity	$97.45M	$70.67M	$69.88M
YoY Change	39.45%	8.38%	7.49%

Cashflow Statement

Concept	2016 Q2	2016 Q1	2015 Q2
OPERATING ACTIVITIES
Net Income	$20.87M	-$129.6K	$1.890M
YoY Change	1004.23%	-117.64%	17.39%
Depreciation, Depletion And Amortization	$1.220M	$1.269M	$1.200M
YoY Change	1.67%	11.44%	313.79%
Cash From Operating Activities	$24.88M	$1.260M	$3.760M
YoY Change	561.7%	-36.36%	53.47%
INVESTING ACTIVITIES
Capital Expenditures	-$8.910M	-$3.540M	-$2.450M
YoY Change	263.67%	45.08%	620.59%
Acquisitions
YoY Change
Other Investing Activities	$120.0K	$1.950M	-$50.00K
YoY Change	-340.0%	-2266.67%	150.0%
Cash From Investing Activities	-$8.790M	-$1.590M	-$2.490M
YoY Change	253.01%	-37.4%	591.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	3.980M	-1.990M	-1.540M
YoY Change	-358.44%	26.75%	-49.17%
NET CHANGE
Cash From Operating Activities	24.88M	1.260M	3.760M
Cash From Investing Activities	-8.790M	-1.590M	-2.490M
Cash From Financing Activities	3.980M	-1.990M	-1.540M
Net Change In Cash	20.07M	-2.320M	-270.0K
YoY Change	-7533.33%	8.92%	-71.28%
FREE CASH FLOW
Cash From Operating Activities	$24.88M	$1.260M	$3.760M
Capital Expenditures	-$8.910M	-$3.540M	-$2.450M
Free Cash Flow	$33.79M	$4.800M	$6.210M
YoY Change	444.12%	8.6%	122.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001006655
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	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	EVOLUTION PETROLEUM CORP
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CY2016Q1	us-gaap	Finite Lived Patents Gross FiniteLivedPatentsGross	0	USD
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	0	USD
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	4099759	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1467782	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4578876	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2304237	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6046603	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1228766	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5221732	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-201945	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5837413	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	494180	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2118218	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-72337	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2051521	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	100000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	480000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	629760	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-98254	USD
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	116343	USD
	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-35405	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	222416	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	13154	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-96627	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-20696	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	1007058	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-1191207	USD
CY2015Q2	us-gaap	Indefinite Lived Trademarks IndefiniteLivedTrademarks	44803	USD
CY2016Q1	us-gaap	Indefinite Lived Trademarks IndefiniteLivedTrademarks	0	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	24625	USD
	us-gaap	Interest Expense InterestExpense	55244	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	14036	USD
	us-gaap	Interest Expense InterestExpense	51162	USD
CY2015Q2	us-gaap	Liabilities Liabilities	21306150	USD
CY2016Q1	us-gaap	Liabilities Liabilities	20387483	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	69882727	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	70673413	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	9329257	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	8845811	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-3549019	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-6112662	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-7620514	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-3036909	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2548071	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-8841057	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	6619566	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	5765304	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	734586	USD
	us-gaap	Net Income Loss NetIncomeLoss	3103514	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-129608	USD
	us-gaap	Net Income Loss NetIncomeLoss	3785892	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	566011	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2597788	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-298183	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3280166	USD
CY2015Q2	us-gaap	Oil And Gas Property Full Cost Method Depletion OilAndGasPropertyFullCostMethodDepletion	12531767	USD
CY2016Q1	us-gaap	Oil And Gas Property Full Cost Method Depletion OilAndGasPropertyFullCostMethodDepletion	16237153	USD
CY2015Q2	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	57718653	USD
CY2016Q1	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	69886767	USD
CY2015Q2	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	45186886	USD
CY2016Q1	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	53649614	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	5818699	USD
	us-gaap	Operating Expenses OperatingExpenses	13528433	USD
CY2016Q1	us-gaap	Operating Expenses OperatingExpenses	5787882	USD
	us-gaap	Operating Expenses OperatingExpenses	18398704	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1245990	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	5249150	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-681147	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	710364	USD
CY2016Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	53004	USD
CY2015Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	43776	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	131327	USD
CY2016Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	46286	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	137185	USD
CY2015Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	49191	USD
CY2016Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	47225	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	19100000	USD
CY2015Q2	us-gaap	Other Inventory OtherInventory	81538	USD
CY2016Q1	us-gaap	Other Inventory OtherInventory	0	USD
CY2015Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	855373	USD
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1225772	USD
CY2015Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	59352	USD
CY2016Q1	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	56606	USD
CY2015Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	318	USD
CY2016Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	13472	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	183877	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	161345	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	63556	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1355880	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	63737	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	22002	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	8192989	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4932247	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	505726	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	505726	USD
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	2432424	USD
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	12191121	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	320936	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	1876	USD
CY2015Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	168575	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	505726	USD
CY2016Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	168575	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	505726	USD
CY2015Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2015Q2	us-gaap	Preferred Stock Value PreferredStockValue	317	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	317	USD
CY2015Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	369404	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	255807	USD
CY2015Q2	us-gaap	Prepaid Insurance PrepaidInsurance	178994	USD
CY2016Q1	us-gaap	Prepaid Insurance PrepaidInsurance	77223	USD
CY2015Q2	us-gaap	Prepaid Taxes PrepaidTaxes	22542	USD
CY2016Q1	us-gaap	Prepaid Taxes PrepaidTaxes	95000	USD
	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	0	USD
	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	3513285	USD
	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	0	USD
	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	1556999	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	67	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	33	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	389166	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	141600	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	51000	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	45463642	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	53675604	USD
CY2015Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	607674	USD
CY2016Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	328201	USD
CY2015Q2	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	330918	USD
CY2016Q1	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	302211	USD
CY2015Q2	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	276756	USD
CY2016Q1	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	25990	USD
CY2015Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	3122473	USD
CY2016Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	2411215	USD
CY2015Q1	us-gaap	Restructuring Charges RestructuringCharges	0	USD
	us-gaap	Restructuring Charges RestructuringCharges	-5431	USD
CY2016Q1	us-gaap	Restructuring Charges RestructuringCharges	0	USD
	us-gaap	Restructuring Charges RestructuringCharges	1257433	USD
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	0	USD
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	569228	USD
CY2015Q2	us-gaap	Restructuring Reserve RestructuringReserve	0	USD
CY2016Q1	us-gaap	Restructuring Reserve RestructuringReserve	522816	USD
CY2015Q2	us-gaap	Retainage Deposit RetainageDeposit	26978	USD
CY2016Q1	us-gaap	Retainage Deposit RetainageDeposit	26978	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	11696126	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10044045	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	7064689	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	18777583	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	5106735	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	19109068	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	715864	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	708746	USD
CY2015Q2	us-gaap	Shares Outstanding SharesOutstanding	32845205	shares
CY2016Q1	us-gaap	Shares Outstanding SharesOutstanding	32891925	shares
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	33	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	51000	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	48576577	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	50285930	USD
CY2015Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	190032	USD
CY2016Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	154627	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1185597	USD
CY2016Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32958218	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32909981	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32879381	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32834765	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32861001	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32789157	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32879381	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32779234	shares
	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0	USD
	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	50414	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates. </font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include reserve quantities and estimated future cash flows associated with proved reserves, which significantly impact depletion expense and potential impairments of oil and natural gas properties, income taxes and the valuation of deferred tax assets, stock-based compensation and commitments and contingencies. We analyze our estimates based on historical experience and various other assumptions that we believe to be reasonable. While we believe that our estimates and assumptions used in preparation of the consolidated financial statements are appropriate, actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0001006655-16-000105-index-headers.html	Edgar Link	pending
0001006655-16-000105-index.html	Edgar Link	pending
0001006655-16-000105.txt	Edgar Link	pending
0001006655-16-000105-xbrl.zip	Edgar Link	pending
epm-20160331.xml	Edgar Link	completed
epm-20160331.xsd	Edgar Link	pending
epm-20160331_cal.xml	Edgar Link	unprocessable
epm-20160331_def.xml	Edgar Link	unprocessable
epm-20160331_lab.xml	Edgar Link	unprocessable
epm-20160331_pre.xml	Edgar Link	unprocessable
epm2016q310-q.htm	Edgar Link	pending
exhibit3112016q3.htm	Edgar Link	pending
exhibit3122016q3.htm	Edgar Link	pending
exhibit3212016q3.htm	Edgar Link	pending
exhibit3222016q3.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
thirdamendmenttocreditagre.htm	Edgar Link	pending

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$EPM
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2016 Q2 Form 10-Q Financial Statement

#000100665516000105 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$EPM EVOLUTION PETROLEUM CORP Stock $epm

2016 Q2 Form 10-Q Financial Statement

#000100665516000105 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EPM
EVOLUTION PETROLEUM CORP Stock $epm