$EPM
EVOLUTION PETROLEUM CORP Stock $epm

$epm Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000100665518000055 Filed on November 09, 2018

Income Statement

Concept	2018 Q3	2017 Q3
Revenue	$12.31M	$8.538M
YoY Change	44.15%	12.43%
Cost Of Revenue	$3.460M	$2.760M
YoY Change	25.36%	17.95%
Gross Profit	$8.850M	$5.650M
YoY Change	56.64%	7.62%
Gross Profit Margin	71.91%	66.18%
Selling, General & Admin	$1.310M	$1.570M
YoY Change	-16.56%	26.61%
% of Gross Profit	14.8%	27.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.548M	$1.540M
YoY Change	0.54%	20.94%
% of Gross Profit	17.5%	27.26%
Operating Expenses	$6.312M	$5.866M
YoY Change	7.61%	20.53%
Operating Profit	$5.995M	$2.536M
YoY Change	136.35%	-7.01%
Interest Expense	$29.35K	$20.46K
YoY Change	43.46%	0.54%
% of Operating Profit	0.49%	0.81%
Other Income/Expense, Net
YoY Change
Pretax Income	$7.112M	$2.531M
YoY Change	181.02%	-6.47%
Income Tax	$1.316M	$390.3K
% Of Pretax Income	18.51%	15.42%
Net Earnings	$5.796M	$2.141M
YoY Change	170.76%	17.82%
Net Earnings / Revenue	47.09%	25.07%
Basic Earnings Per Share	$0.18	$0.06
Diluted Earnings Per Share	$0.17	$0.06
COMMON SHARES
Basic Shares Outstanding	33.10M shares	33.09M shares
Diluted Shares Outstanding	33.12M shares	33.15M shares

Balance Sheet

Concept	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$28.84M	$24.13M
YoY Change	19.52%	-14.55%
Cash & Equivalents	$28.84M	$24.13M
Short-Term Investments
Other Short-Term Assets	$940.0K	$290.0K
YoY Change	224.14%	52.63%
Inventory
Prepaid Expenses
Receivables	$4.330M	$3.027M
Other Receivables	$0.00	$36.00
Total Short-Term Assets	$34.12M	$27.45M
YoY Change	24.3%	-11.54%
LONG-TERM ASSETS
Property, Plant & Equipment	$62.46M	$60.94M
YoY Change	2.5%	-0.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$110.0K	$110.0K
YoY Change	0.0%	0.0%
Other Assets	$40.00K	$80.00K
YoY Change	-50.0%	-42.86%
Total Long-Term Assets	$62.70M	$61.22M
YoY Change	2.42%	-1.02%
TOTAL ASSETS
Total Short-Term Assets	$34.12M	$27.45M
Total Long-Term Assets	$62.70M	$61.22M
Total Assets	$96.82M	$88.66M
YoY Change	9.2%	-4.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.055M	$2.032M
YoY Change	50.34%	-19.01%
Accrued Expenses	$418.7K	$634.6K
YoY Change	-34.03%	-24.39%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.649M	$3.037M
YoY Change	53.07%	-73.31%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.440M	$1.280M
YoY Change	12.5%	66.23%
Total Long-Term Liabilities	$1.440M	$1.280M
YoY Change	12.5%	66.23%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.649M	$3.037M
Total Long-Term Liabilities	$1.440M	$1.280M
Total Liabilities	$16.92M	$20.16M
YoY Change	-16.05%	-18.04%
SHAREHOLDERS EQUITY
Retained Earnings	$37.98M	$27.13M
YoY Change	39.97%	-3.19%
Common Stock	$33.16K	$33.07K
YoY Change	0.28%	0.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$79.89M	$68.51M
YoY Change
Total Liabilities & Shareholders Equity	$96.82M	$88.66M
YoY Change	9.2%	-4.54%

Cashflow Statement

Concept	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	$5.796M	$2.141M
YoY Change	170.76%	17.82%
Depreciation, Depletion And Amortization	$1.548M	$1.540M
YoY Change	0.54%	20.94%
Cash From Operating Activities	$7.656M	$4.200M
YoY Change	82.29%	185.71%
INVESTING ACTIVITIES
Capital Expenditures	-$3.090M	-$510.0K
YoY Change	505.88%	-89.48%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$3.089M	-$510.0K
YoY Change	505.69%	-90.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$89.99K	$110.8K
YoY Change	-18.75%	-66.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$3.406M	-2.590M
YoY Change	31.5%	20.47%
NET CHANGE
Cash From Operating Activities	$7.656M	4.200M
Cash From Investing Activities	-$3.089M	-510.0K
Cash From Financing Activities	-$3.406M	-2.590M
Net Change In Cash	$1.161M	$1.101M
YoY Change	5.47%	-118.85%
FREE CASH FLOW
Cash From Operating Activities	$7.656M	$4.200M
Capital Expenditures	-$3.090M	-$510.0K
Free Cash Flow	$10.75M	$4.710M
YoY Change	128.15%	-25.47%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2018Q3	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	24184	USD
CY2018Q3	dei	Amendment Flag AmendmentFlag	false
CY2018Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2018Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2018Q3	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
CY2018Q3	dei	Document Type DocumentType	10-Q
CY2018Q3	dei	Entity Central Index Key EntityCentralIndexKey	0001006655
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	33157852	shares
CY2018Q3	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2018Q3	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2018Q3	dei	Entity Registrant Name EntityRegistrantName	EVOLUTION PETROLEUM CORP
CY2018Q3	dei	Entity Small Business EntitySmallBusiness	false
CY2018Q2	epm	Accumulated Amortization Royalty Rights AccumulatedAmortizationRoyaltyRights	33910	USD
CY2018Q3	epm	Accumulated Amortization Royalty Rights AccumulatedAmortizationRoyaltyRights	37301	USD
CY2017Q3	epm	Asset Acquisition Contingent Consideration Proceeds From Break Up Fee AssetAcquisitionContingentConsiderationProceedsFromBreakUpFee	0	USD
CY2018Q3	epm	Asset Acquisition Contingent Consideration Proceeds From Break Up Fee AssetAcquisitionContingentConsiderationProceedsFromBreakUpFee	1100000	USD
CY2017Q3	epm	Depreciation Depletion And Amortization Cash Flows Impact DepreciationDepletionAndAmortizationCashFlowsImpact	1554189	USD
CY2018Q3	epm	Depreciation Depletion And Amortization Cash Flows Impact DepreciationDepletionAndAmortizationCashFlowsImpact	1552249	USD
CY2018Q3	epm	Increase Decrease In Federal Statutory Rate IncreaseDecreaseInFederalStatutoryRate	-0.13
CY2017Q3	epm	Increase Decreasein Accounts Payable Usedto Acquire Propertyand Equipment IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment	114729	USD
CY2018Q3	epm	Increase Decreasein Accounts Payable Usedto Acquire Propertyand Equipment IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment	-405645	USD
CY2017Q3	epm	Investment Income Interestand Other InvestmentIncomeInterestandOther	14850	USD
CY2018Q3	epm	Investment Income Interestand Other InvestmentIncomeInterestandOther	46571	USD
CY2017Q3	epm	Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations	0	USD
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CY2018Q3	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3315785	USD
CY2017Q3	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	508042	USD
CY2018Q3	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	3089006	USD
CY2018Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	524507	USD
CY2018Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	940236	USD
CY2018Q2	us-gaap	Prepaid Insurance PrepaidInsurance	198558	USD
CY2018Q3	us-gaap	Prepaid Insurance PrepaidInsurance	142896	USD
CY2018Q2	us-gaap	Prepaid Taxes PrepaidTaxes	231920	USD
CY2018Q3	us-gaap	Prepaid Taxes PrepaidTaxes	706373	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	61270153	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	62463897	USD
CY2018Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	143223	USD
CY2018Q3	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	143223	USD
CY2018Q2	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	112816	USD
CY2018Q3	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	116959	USD
CY2018Q2	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	30407	USD
CY2018Q3	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	26264	USD
CY2018Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	3941916	USD
CY2018Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	4334897	USD
CY2018Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	2751289	USD
CY2018Q3	us-gaap	Restricted Cash Current RestrictedCashCurrent	0	USD
CY2018Q2	us-gaap	Retainage Deposit RetainageDeposit	11089	USD
CY2018Q3	us-gaap	Retainage Deposit RetainageDeposit	11089	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	35498754	USD
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	37978770	USD
CY2017Q3	us-gaap	Revenues Revenues	8401967	USD
CY2018Q3	us-gaap	Revenues Revenues	12307079	USD
CY2018Q2	us-gaap	Sales And Excise Tax Payable Current And Noncurrent SalesAndExciseTaxPayableCurrentAndNoncurrent	89773	USD
CY2018Q3	us-gaap	Sales And Excise Tax Payable Current And Noncurrent SalesAndExciseTaxPayableCurrentAndNoncurrent	134658	USD
CY2017Q3	us-gaap	Share Based Compensation ShareBasedCompensation	487484	USD
CY2018Q3	us-gaap	Share Based Compensation ShareBasedCompensation	215373	USD
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.040
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.418
CY2018Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0269
CY2018Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P2Y9M26D
CY2018Q2	us-gaap	Shares Outstanding SharesOutstanding	33080543	shares
CY2018Q3	us-gaap	Shares Outstanding SharesOutstanding	33157852	shares
CY2018Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	USD
CY2018Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	89992	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	77289479	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	79894876	USD
CY2018Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	122760	USD
CY2018Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	1175792	USD
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	33147508	shares
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	33119057	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33089244	shares
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33102292	shares
CY2018Q3	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 (a) 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, (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
0001006655-18-000055-index-headers.html	Edgar Link	pending
0001006655-18-000055-index.html	Edgar Link	pending
0001006655-18-000055.txt	Edgar Link	pending
0001006655-18-000055-xbrl.zip	Edgar Link	pending
a10-qq1x19.htm	Edgar Link	pending
epm-20180930.xml	Edgar Link	completed
epm-20180930.xsd	Edgar Link	pending
epm-20180930_cal.xml	Edgar Link	unprocessable
epm-20180930_def.xml	Edgar Link	unprocessable
epm-20180930_lab.xml	Edgar Link	unprocessable
epm-20180930_pre.xml	Edgar Link	unprocessable
exhibit311q1-19.htm	Edgar Link	pending
exhibit312q1-19.htm	Edgar Link	pending
exhibit321q1-19.htm	Edgar Link	pending
exhibit322q1-19.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$EPM
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2018 Q3 Form 10-Q Financial Statement

#000100665518000055 Filed on November 09, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EPM EVOLUTION PETROLEUM CORP Stock $epm

2018 Q3 Form 10-Q Financial Statement

#000100665518000055 Filed on November 09, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EPM
EVOLUTION PETROLEUM CORP Stock $epm