$EPM
EVOLUTION PETROLEUM CORP

2018 Q2 Form 10-Q Financial Statement

#000100665518000020 Filed on May 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2018 Q1 2017 Q2
Revenue $11.43M $10.25M $8.836M
YoY Change 29.33% 7.6% 22.03%
Cost Of Revenue $2.890M $3.260M $3.390M
YoY Change -14.75% 16.01% 67.0%
Gross Profit $8.400M $6.890M $5.450M
YoY Change 54.13% 2.68% 4.61%
Gross Profit Margin 73.51% 67.22% 61.68%
Selling, General & Admin $1.700M $1.840M $1.230M
YoY Change 38.21% 43.75% -59.41%
% of Gross Profit 20.24% 26.71% 22.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.540M $1.383M $1.630M
YoY Change -5.52% -9.21% 33.61%
% of Gross Profit 18.33% 20.07% 29.91%
Operating Expenses $3.220M $6.488M $2.860M
YoY Change 12.59% 15.19% -32.86%
Operating Profit $5.183M $3.663M $2.584M
YoY Change 100.57% -5.91% 170.62%
Interest Expense -$10.00K $30.53K -$10.00K
YoY Change 0.0% 50.24% -98.48%
% of Operating Profit -0.19% 0.83% -0.39%
Other Income/Expense, Net
YoY Change
Pretax Income $5.180M $3.654M $2.570M
YoY Change 101.56% -7.19% -90.95%
Income Tax $710.0K $585.7K $1.070M
% Of Pretax Income 13.71% 16.03% 41.63%
Net Earnings $4.530M $3.068M $1.500M
YoY Change 202.0% 26.84% -92.81%
Net Earnings / Revenue 39.64% 29.94% 16.98%
Basic Earnings Per Share $0.14 $0.09 $0.05
Diluted Earnings Per Share $0.14 $0.09 $0.07
COMMON SHARES
Basic Shares Outstanding 33.17M shares 33.17M shares 33.06M shares
Diluted Shares Outstanding 33.19M shares

Balance Sheet

Concept 2018 Q2 2018 Q1 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.93M $27.19M $23.03M
YoY Change 8.25% 34.47% -32.42%
Cash & Equivalents $24.93M $27.19M $23.03M
Short-Term Investments
Other Short-Term Assets $3.270M $690.0K $390.0K
YoY Change 738.46% 200.0% 5.41%
Inventory
Prepaid Expenses
Receivables $3.941M $3.950M $2.723M
Other Receivables $918.00 $110.00 $3.822K
Total Short-Term Assets $32.15M $31.82M $26.14M
YoY Change 22.97% 30.74% -29.51%
LONG-TERM ASSETS
Property, Plant & Equipment $61.27M $59.62M $61.83M
YoY Change -0.91% -5.08% 3.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $110.0K $110.0K $110.0K
YoY Change 0.0% 0.0% 0.0%
Other Assets $244.8K $60.00K $295.4K
YoY Change -17.11% -45.45% -19.18%
Total Long-Term Assets $61.51M $59.87M $62.13M
YoY Change -0.98% -5.17% 2.92%
TOTAL ASSETS
Total Short-Term Assets $32.15M $31.82M $26.14M
Total Long-Term Assets $61.51M $59.87M $62.13M
Total Assets $93.66M $91.69M $88.27M
YoY Change 6.11% 4.82% -9.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.433M $2.787M $1.994M
YoY Change 72.12% 63.2% -65.67%
Accrued Expenses $874.9K $628.7K $724.6K
YoY Change 20.73% -9.42% -65.46%
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 $4.430M $3.415M $2.719M
YoY Change 62.94% 19.46% -68.12%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.390M $1.320M $1.250M
YoY Change 11.2% 62.96% 64.47%
Total Long-Term Liabilities $1.390M $1.320M $1.250M
YoY Change 11.2% 62.96% 64.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.430M $3.415M $2.719M
Total Long-Term Liabilities $1.390M $1.320M $1.250M
Total Liabilities $16.37M $15.49M $19.80M
YoY Change -17.3% -16.21% -6.3%
SHAREHOLDERS EQUITY
Retained Earnings $35.50M $34.27M $27.47M
YoY Change 29.2% 21.15% -5.64%
Common Stock $33.08K $33.17K $33.09K
YoY Change -0.02% 0.33% 0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $77.29M $76.20M $68.47M
YoY Change
Total Liabilities & Shareholders Equity $93.66M $91.69M $88.27M
YoY Change 6.11% 4.82% -9.42%

Cashflow Statement

Concept 2018 Q2 2018 Q1 2017 Q2
OPERATING ACTIVITIES
Net Income $4.530M $3.068M $1.500M
YoY Change 202.0% 26.84% -92.81%
Depreciation, Depletion And Amortization $1.540M $1.383M $1.630M
YoY Change -5.52% -9.21% 33.61%
Cash From Operating Activities $6.020M $5.420M $5.140M
YoY Change 17.12% -1.45% -79.34%
INVESTING ACTIVITIES
Capital Expenditures -$2.030M -$650.0K -$60.00K
YoY Change 3283.33% -69.34% -99.33%
Acquisitions
YoY Change
Other Investing Activities -$20.00K $50.00K
YoY Change -140.0% -58.33%
Cash From Investing Activities -$2.050M -$650.0K -$10.00K
YoY Change 20400.0% -69.34% -99.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.490M -3.320M -2.320M
YoY Change 50.43% 43.72% -158.29%
NET CHANGE
Cash From Operating Activities 6.020M 5.420M 5.140M
Cash From Investing Activities -2.050M -650.0K -10.00K
Cash From Financing Activities -3.490M -3.320M -2.320M
Net Change In Cash 480.0K 1.450M 2.810M
YoY Change -82.92% 35.51% -86.0%
FREE CASH FLOW
Cash From Operating Activities $6.020M $5.420M $5.140M
Capital Expenditures -$2.030M -$650.0K -$60.00K
Free Cash Flow $8.050M $6.070M $5.200M
YoY Change 54.81% -20.34% -84.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
epm Gain Losson Settled Derivative Instruments Net Pretax
GainLossonSettledDerivativeInstrumentsNetPretax
3440 USD
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
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-03-31
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001006655
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33171514 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
EVOLUTION PETROLEUM CORP
CY2017Q2 epm Accumulated Amortization Royalty Rights
AccumulatedAmortizationRoyaltyRights
20346 USD
epm Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
0.52
us-gaap Dividends Common Stock
DividendsCommonStock
8286486 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
6116323 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8286486 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
39892 USD
CY2018Q1 epm Accumulated Amortization Royalty Rights
AccumulatedAmortizationRoyaltyRights
30519 USD
CY2017 epm Asset Retirement Obligation Liabilities Sold
AssetRetirementObligationLiabilitiesSold
47817 USD
epm Asset Retirement Obligation Liabilities Sold
AssetRetirementObligationLiabilitiesSold
0 USD
epm Depreciation Depletion And Amortization Cash Flows Impact
DepreciationDepletionAndAmortizationCashFlowsImpact
4146898 USD
epm Depreciation Depletion And Amortization Cash Flows Impact
DepreciationDepletionAndAmortizationCashFlowsImpact
4555496 USD
epm Derivative Gainon Settled Derivatives
DerivativeGainonSettledDerivatives
3440 USD
epm Effective Income Tax Rate Reconciliation At Blended Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationAtBlendedIncomeTaxRatePercent
0.2755
CY2017Q1 epm Gain Losson Settled Derivative Instruments Net Pretax
GainLossonSettledDerivativeInstrumentsNetPretax
3350 USD
CY2018Q1 epm Gain Losson Settled Derivative Instruments Net Pretax
GainLossonSettledDerivativeInstrumentsNetPretax
0 USD
epm Gain Losson Settled Derivative Instruments Net Pretax
GainLossonSettledDerivativeInstrumentsNetPretax
0 USD
CY2017Q1 epm Gain Losson Unsettled Derivative Instruments Net Pretax
GainLossonUnsettledDerivativeInstrumentsNetPretax
47965 USD
epm Gain Losson Unsettled Derivative Instruments Net Pretax
GainLossonUnsettledDerivativeInstrumentsNetPretax
33833 USD
CY2018Q1 epm Gain Losson Unsettled Derivative Instruments Net Pretax
GainLossonUnsettledDerivativeInstrumentsNetPretax
0 USD
epm Gain Losson Unsettled Derivative Instruments Net Pretax
GainLossonUnsettledDerivativeInstrumentsNetPretax
0 USD
epm Increase Decreasein Accounts Payable Usedto Acquire Propertyand Equipment
IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment
-3181640 USD
epm Increase Decreasein Accounts Payable Usedto Acquire Propertyand Equipment
IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment
622185 USD
CY2017Q1 epm Investment Income Interestand Other
InvestmentIncomeInterestandOther
13099 USD
epm Investment Income Interestand Other
InvestmentIncomeInterestandOther
39905 USD
CY2018Q1 epm Investment Income Interestand Other
InvestmentIncomeInterestandOther
21345 USD
epm Investment Income Interestand Other
InvestmentIncomeInterestandOther
52036 USD
epm Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
14119 USD
epm Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
-778 USD
CY2017Q2 epm Royalty Rights
RoyaltyRights
108512 USD
CY2018Q1 epm Royalty Rights
RoyaltyRights
108512 USD
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1994255 USD
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
2786518 USD
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2722880 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3949863 USD
CY2017Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
150062 USD
CY2018Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
124299 USD
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
724639 USD
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
628663 USD
CY2017Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
17708 USD
CY2018Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
11499 USD
CY2017Q2 us-gaap Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
413113 USD
CY2018Q1 us-gaap Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
412439 USD
CY2017Q2 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
70504 USD
CY2018Q1 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
112704 USD
CY2017Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
40961957 USD
CY2018Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
41890553 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1324230 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
148501 shares
CY2016Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
962196 USD
CY2017Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1288743 USD
CY2018Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1354830 USD
CY2017Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
13562 USD
CY2017 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
59664 USD
CY2018Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
22263 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
66865 USD
us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
157910 USD
us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
0 USD
CY2017Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
35115 USD
CY2018Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
35539 USD
CY2017 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
52792 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 USD
CY2017 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
157164 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
0 USD
CY2017 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
419072 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-778 USD
CY2017Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1253628 USD
CY2018Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1319291 USD
CY2017Q2 us-gaap Assets
Assets
88268668 USD
CY2018Q1 us-gaap Assets
Assets
91686332 USD
CY2017Q2 us-gaap Assets Current
AssetsCurrent
26142527 USD
CY2018Q1 us-gaap Assets Current
AssetsCurrent
31819427 USD
CY2017Q2 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
0 USD
CY2018Q1 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
0 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34077060 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20220249 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23028153 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27186809 USD
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33087308 shares
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33171514 shares
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33171514 shares
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
33087 USD
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
33171 USD
CY2017Q2 us-gaap Cost Method Investments
CostMethodInvestments
108750 USD
CY2018Q1 us-gaap Cost Method Investments
CostMethodInvestments
108750 USD
CY2017Q2 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
295384 USD
CY2018Q1 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
243011 USD
CY2017Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
168972 USD
CY2018Q1 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
168972 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3079342 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5072214 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
15826291 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
10754077 USD
CY2017Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1523475 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4104424 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1360885 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4513296 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
37273 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.37
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.18
CY2017Q1 us-gaap Exploration And Production Costs
ExplorationAndProductionCosts
2811258 USD
us-gaap Exploration And Production Costs
ExplorationAndProductionCosts
7448320 USD
CY2018Q1 us-gaap Exploration And Production Costs
ExplorationAndProductionCosts
3360603 USD
us-gaap Exploration And Production Costs
ExplorationAndProductionCosts
9166701 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
37273 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0 USD
CY2017Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1283906 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3760348 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1842548 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5078508 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3937333 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10312015 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3654087 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11009578 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1518190 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3768463 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
585733 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4076156 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1383773 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1456754 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1808566 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
73678 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-164544 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
445597 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
294973 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
723161 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1223271 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
20317 USD
us-gaap Interest Expense
InterestExpense
61373 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
30525 USD
us-gaap Interest Expense
InterestExpense
71436 USD
CY2017Q2 us-gaap Liabilities
Liabilities
19798813 USD
CY2018Q1 us-gaap Liabilities
Liabilities
15488549 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
88268668 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
91686332 USD
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2718894 USD
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
3415181 USD
CY2017Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
CY2018Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-13856811 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
4158656 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-14760114 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-8682036 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-10447353 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1674853 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
11350656 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
14515545 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
2419143 USD
us-gaap Net Income Loss
NetIncomeLoss
6543552 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
3068354 USD
us-gaap Net Income Loss
NetIncomeLoss
15085734 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2419143 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5290122 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3068354 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15085734 USD
CY2017Q2 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
23172865 USD
CY2018Q1 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
27663410 USD
CY2017Q2 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
84962933 USD
CY2018Q1 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
87253160 USD
CY2017Q2 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
61790068 USD
CY2018Q1 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
59589750 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
5632201 USD
us-gaap Operating Expenses
OperatingExpenses
15352984 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
6586299 USD
us-gaap Operating Expenses
OperatingExpenses
18825370 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3893236 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
10296210 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3663267 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
11028978 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
73073 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
12179 USD
CY2017Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
14656 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
68081 USD
CY2018Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18568 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
57617 USD
CY2017Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
724639 USD
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
628663 USD
CY2017Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
89471 USD
CY2018Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
63296 USD
CY2017Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3822 USD
CY2018Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
110 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
318618 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
459858 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
395550 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
7932975 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6116323 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8286486 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
250990 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
10096475 USD
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
1668820 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
32260 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
6033 USD
CY2017Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
250990 USD
CY2018Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
387672 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
682645 USD
CY2017Q2 us-gaap Prepaid Insurance
PrepaidInsurance
169416 USD
CY2018Q1 us-gaap Prepaid Insurance
PrepaidInsurance
31269 USD
CY2017Q2 us-gaap Prepaid Taxes
PrepaidTaxes
121232 USD
CY2018Q1 us-gaap Prepaid Taxes
PrepaidTaxes
581991 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
32 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
61830757 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
59623894 USD
CY2017Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
135377 USD
CY2018Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
141410 USD
CY2017Q2 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
94688 USD
CY2018Q1 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
107266 USD
CY2017Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
40689 USD
CY2018Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
34144 USD
CY2017Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
2726702 USD
CY2018Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
3949973 USD
CY2017Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
1002440 USD
CY2018Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
CY2017Q2 us-gaap Retainage Deposit
RetainageDeposit
7553 USD
CY2018Q1 us-gaap Retainage Deposit
RetainageDeposit
6089 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
27474811 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
34274059 USD
CY2017Q2 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
108641 USD
CY2018Q1 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
44887 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
9525437 USD
us-gaap Sales Revenue Net
SalesRevenueNet
25649194 USD
CY2018Q1 us-gaap Sales Revenue Net
SalesRevenueNet
10249566 USD
us-gaap Sales Revenue Net
SalesRevenueNet
29854348 USD
us-gaap Share Based Compensation
ShareBasedCompensation
878023 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1324230 USD
CY2017Q2 us-gaap Shares Outstanding
SharesOutstanding
33087308 shares
CY2018Q1 us-gaap Shares Outstanding
SharesOutstanding
33171514 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
395550 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
68469855 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
76197783 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
33833 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33115699 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33064708 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33191312 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33155870 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33062297 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33021865 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33171514 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33123185 shares
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.&#160;</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 (a) reserve quantities and estimated future cash flows associated with proved reserves, which significantly impact depreciation, depletion and amortization expense and potential impairments of oil and natural gas properties, (b) asset retirement obligations, (c) stock-based compensation, (d) fair values of derivative assets and liabilities, (e) income taxes and the valuation of deferred tax assets and (f) 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
0001006655-18-000020-index-headers.html Edgar Link pending
0001006655-18-000020-index.html Edgar Link pending
0001006655-18-000020.txt Edgar Link pending
0001006655-18-000020-xbrl.zip Edgar Link pending
a10-qq3x18.htm Edgar Link pending
epm-20180331.xml Edgar Link completed
epm-20180331.xsd Edgar Link pending
epm-20180331_cal.xml Edgar Link unprocessable
epm-20180331_def.xml Edgar Link unprocessable
epm-20180331_lab.xml Edgar Link unprocessable
epm-20180331_pre.xml Edgar Link unprocessable
exhibit311q3-18.htm Edgar Link pending
exhibit312q3-18.htm Edgar Link pending
exhibit321q3-18.htm Edgar Link pending
exhibit322q3-18.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending