2012 Q4 Form 10-Q Financial Statement
#000110465913009320 Filed on February 11, 2013
Income Statement
Concept | 2012 Q4 | 2011 Q4 |
---|---|---|
Revenue | $5.648M | $4.647M |
YoY Change | 21.55% | 293.98% |
Cost Of Revenue | $440.0K | $430.0K |
YoY Change | 2.33% | 34.38% |
Gross Profit | $5.210M | $4.220M |
YoY Change | 23.46% | 390.7% |
Gross Profit Margin | 92.24% | 90.82% |
Selling, General & Admin | $1.420M | $1.130M |
YoY Change | 25.66% | 24.18% |
% of Gross Profit | 27.26% | 26.78% |
Research & Development | $390.0K | $350.0K |
YoY Change | 11.43% | -12.5% |
% of Gross Profit | 7.49% | 8.29% |
Depreciation & Amortization | $350.1K | $280.8K |
YoY Change | 24.69% | 174.14% |
% of Gross Profit | 6.72% | 6.65% |
Operating Expenses | $2.623M | $2.220M |
YoY Change | 18.18% | 27.08% |
Operating Profit | $3.025M | $2.427M |
YoY Change | 24.64% | -527.68% |
Interest Expense | $16.56K | $10.00K |
YoY Change | 65.64% | |
% of Operating Profit | 0.55% | 0.41% |
Other Income/Expense, Net | -$10.95K | $6.712K |
YoY Change | -263.14% | |
Pretax Income | $3.014M | $2.434M |
YoY Change | 23.84% | -531.68% |
Income Tax | $1.054M | $1.008M |
% Of Pretax Income | 34.99% | 41.43% |
Net Earnings | $1.959M | $1.425M |
YoY Change | 37.46% | -408.83% |
Net Earnings / Revenue | 34.69% | 30.67% |
Basic Earnings Per Share | $0.06 | $0.05 |
Diluted Earnings Per Share | $0.06 | $0.04 |
COMMON SHARES | ||
Basic Shares Outstanding | 28.07M shares | 27.79M shares |
Diluted Shares Outstanding | 31.86M shares | 31.52M shares |
Balance Sheet
Concept | 2012 Q4 | 2011 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $18.28M | $13.90M |
YoY Change | 31.51% | 420.6% |
Cash & Equivalents | $18.03M | $13.65M |
Short-Term Investments | $250.0K | $250.0K |
Other Short-Term Assets | $340.0K | $240.0K |
YoY Change | 41.67% | -91.01% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $2.140M | $1.960M |
Other Receivables | $306.00 | $7.958K |
Total Short-Term Assets | $20.89M | $16.21M |
YoY Change | 28.85% | 117.88% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $40.34M | $35.01M |
YoY Change | 15.24% | 7.03% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $269.8K | $100.9K |
YoY Change | 167.24% | 101.89% |
Total Long-Term Assets | $40.61M | $35.11M |
YoY Change | 15.67% | 7.22% |
TOTAL ASSETS | ||
Total Short-Term Assets | $20.89M | $16.21M |
Total Long-Term Assets | $40.61M | $35.11M |
Total Assets | $61.50M | $51.32M |
YoY Change | 19.83% | 27.7% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $415.5K | $967.8K |
YoY Change | -57.07% | -65.19% |
Accrued Expenses | $1.990M | $490.0K |
YoY Change | 306.12% | -47.87% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $2.940M | $2.302M |
YoY Change | 27.7% | -45.7% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $890.0K | $990.0K |
YoY Change | -10.1% | -18.18% |
Total Long-Term Liabilities | $890.0K | $990.0K |
YoY Change | -10.1% | -18.18% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.940M | $2.302M |
Total Long-Term Liabilities | $890.0K | $990.0K |
Total Liabilities | $11.37M | $7.882M |
YoY Change | 44.21% | -5.16% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $20.84M | |
YoY Change | ||
Common Stock | $28.90K | $28.49M |
YoY Change | -99.9% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $899.0K | $882.0K |
YoY Change | 1.92% | |
Treasury Stock Shares | 790.3K shares | 788.2K shares |
Shareholders Equity | $50.13M | $43.44M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $61.50M | $51.32M |
YoY Change | 19.83% | 27.7% |
Cashflow Statement
Concept | 2012 Q4 | 2011 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.959M | $1.425M |
YoY Change | 37.46% | -408.83% |
Depreciation, Depletion And Amortization | $350.1K | $280.8K |
YoY Change | 24.69% | 174.14% |
Cash From Operating Activities | $3.340M | $2.370M |
YoY Change | 40.93% | -1416.67% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$3.270M | -$1.350M |
YoY Change | 142.22% | 575.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $5.020M | $310.0K |
YoY Change | 1519.35% | -145.59% |
Cash From Investing Activities | $1.750M | -$1.050M |
YoY Change | -266.67% | 17.98% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -190.0K | 710.0K |
YoY Change | -126.76% | |
NET CHANGE | ||
Cash From Operating Activities | 3.340M | 2.370M |
Cash From Investing Activities | 1.750M | -1.050M |
Cash From Financing Activities | -190.0K | 710.0K |
Net Change In Cash | 4.900M | 2.030M |
YoY Change | 141.38% | -289.72% |
FREE CASH FLOW | ||
Cash From Operating Activities | $3.340M | $2.370M |
Capital Expenditures | -$3.270M | -$1.350M |
Free Cash Flow | $6.610M | $3.720M |
YoY Change | 77.69% | 18500.0% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001006655 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
EVOLUTION PETROLEUM CORP | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-12-31 | ||
us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
18820 | USD | |
CY2012Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
5648058 | USD |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
5432 | USD | |
CY2012Q4 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
38447880 | USD |
epm |
Increase Decrease In Due To Affiliate Used To Acquire Oil And Natural Gas Lease Hold Interests And Develop Oil And Natural Gas Properties
IncreaseDecreaseInDueToAffiliateUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties
|
-435833 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
3601290 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
16211 | USD | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
12778 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-984564 | USD | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
CY2013Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
28106796 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
CY2012Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
6205093 | USD |
CY2012Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
70011 | USD |
CY2012Q2 | us-gaap |
Liabilities
Liabilities
|
12332698 | USD |
CY2012Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
28670 | USD |
CY2012Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
18058909 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
|
47504810 | USD |
CY2012Q2 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
40874244 | USD |
CY2012Q4 | us-gaap |
Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
|
7202718 | USD |
CY2012Q2 | us-gaap |
Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
|
6440166 | USD |
CY2012Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
9031522 | USD |
CY2012Q2 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
6042094 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
322515 | USD |
CY2012Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
322514 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
254484 | USD |
CY2012Q2 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
230243 | USD |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
20886768 | USD |
CY2012Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
968677 | USD |
CY2012Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
2623337 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
11366405 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
40344715 | USD |
us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
3126 | USD | |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14428548 | USD |
CY2012Q2 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
250000 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
61501241 | USD |
CY2012Q2 | epm |
Oil And Natural Gas Sales Receivables Current
OilAndNaturalGasSalesReceivablesCurrent
|
1343347 | USD |
CY2012Q2 | us-gaap |
Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
|
96151 | USD |
CY2012Q2 | epm |
Income Taxes Receivable Current
IncomeTaxesReceivableCurrent
|
92885 | USD |
CY2012Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
190 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
325235 | USD |
CY2012Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
233433 | USD |
CY2012Q2 | us-gaap |
Assets Current
AssetsCurrent
|
16769789 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
|
51033826 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
50134836 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
61501241 | USD |
CY2012Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-10950 | USD |
CY2012Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3024721 | USD |
CY2012Q2 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
40476172 | USD |
CY2012Q2 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
92271 | USD |
CY2012Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
40568443 | USD |
CY2012Q2 | us-gaap |
Advances To Affiliate
AdvancesToAffiliate
|
1366921 | USD |
CY2012Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
250333 | USD |
CY2012Q2 | us-gaap |
Assets
Assets
|
58955486 | USD |
CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3013771 | USD |
CY2012Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1054499 | USD |
CY2012Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1790696 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
9939604 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
4984327 | USD | |
CY2012Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
407570 | USD |
CY2012Q2 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
3217975 | USD |
CY2012Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1005624 | USD |
CY2012Q2 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
294013 | USD |
CY2012Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
91967 | USD |
CY2012Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
71768 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4955277 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-21762 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4933515 | USD | |
CY2012Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5088917 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1814717 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3118798 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2781647 | USD | |
CY2011Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
859586 | USD |
us-gaap |
Interest Expense
InterestExpense
|
32992 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-370330 | USD | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
3054976 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
4956184 | USD | |
CY2012Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
882022 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
46622788 | USD |
CY2012Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
58955486 | USD |
CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
28897133 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
28106796 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27882224 | shares |
CY2012Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
790337 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2012Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
788200 | shares |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18029838 | USD |
CY2012Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
393579 | USD |
CY2011Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4247438 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13646120 | USD |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
159011 | USD |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
159011 | USD |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
159011 | USD |
CY2012Q4 | epm |
Operating Leases Future Minimum Payments Due After Four Years
OperatingLeasesFutureMinimumPaymentsDueAfterFourYears
|
92756 | USD |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
569789 | USD |
CY2012Q4 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
36808 | USD |
CY2012Q4 | epm |
Incremental Common Shares Attributable To Common Stock Warrants Issued In Equity And Financing Transactions
IncrementalCommonSharesAttributableToCommonStockWarrantsIssuedInEquityAndFinancingTransactions
|
839 | shares |
CY2012Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3784261 | shares |
CY2012Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3785100 | shares |
epm |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
|
1.82 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5343985 | shares | |
CY2012Q4 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
124372 | USD |
CY2012Q4 | epm |
Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
|
8558 | USD |
CY2012Q4 | epm |
Increase Decrease In Due To Affiliate Used To Acquire Oil And Natural Gas Lease Hold Interests And Develop Oil And Natural Gas Properties
IncreaseDecreaseInDueToAffiliateUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties
|
-646932 | USD |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.368 | pure | |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2012Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2012Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
29416914 | USD |
CY2012Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
28670424 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25.00 | |
CY2012Q4 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25.00 | |
CY2011Q4 | epm |
Revenue From Crude Oil
RevenueFromCrudeOil
|
4231201 | USD |
epm |
Revenue From Crude Oil
RevenueFromCrudeOil
|
7679796 | USD | |
CY2011Q4 | epm |
Revenue From Natural Gas Liquids
RevenueFromNaturalGasLiquids
|
182971 | USD |
epm |
Revenue From Natural Gas Liquids
RevenueFromNaturalGasLiquids
|
371426 | USD | |
CY2011Q4 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
232530 | USD |
us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
480336 | USD | |
CY2011Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
4646702 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
8531558 | USD | |
CY2011Q4 | us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
412470 | USD |
us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
615387 | USD | |
CY2011Q4 | us-gaap |
Production Tax Expense
ProductionTaxExpense
|
18725 | USD |
us-gaap |
Production Tax Expense
ProductionTaxExpense
|
32760 | USD | |
CY2011Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
280795 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
517686 | USD | |
CY2011Q4 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
19616 | USD |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
36588 | USD | |
CY2011Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1488258 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2893433 | USD | |
CY2011Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
2219864 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
4095854 | USD | |
CY2011Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2426838 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4435704 | USD | |
CY2011Q4 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
6712 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
13958 | USD | |
epm |
Depreciation Depletion And Amortization Cash Flows Impact
DepreciationDepletionAndAmortizationCashFlowsImpact
|
517686 | USD | |
CY2011Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6712 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
13958 | USD | |
CY2011Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2433550 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4449662 | USD | |
CY2011Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1008195 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1880789 | USD | |
CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1425355 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2568873 | USD | |
CY2011Q4 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
165405 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
293240 | USD | |
CY2011Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1259950 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2275633 | USD | |
CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | ||
CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | ||
CY2011Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27792768 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27731062 | shares | |
CY2011Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31515271 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31394528 | shares | |
CY2011Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
354871 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
747369 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
771566 | USD | |
epm |
Payments On Asset Retirement Obligations
PaymentsOnAssetRetirementObligations
|
30969 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1258106 | USD | |
epm |
Deferred Rent Expenses
DeferredRentExpenses
|
-6829 | USD | |
epm |
Increase Decrease In Receivables From Oil And Natural Gas Sales
IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales
|
402023 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-20889 | USD | |
epm |
Increase Decrease In Amount Due From Joint Interest Partner
IncreaseDecreaseInAmountDueFromJointInterestPartner
|
-6854 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
102360 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-307079 | USD | |
us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
-122225 | USD | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
93279 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
4302356 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
6930535 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
23657 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1540969 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
293240 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
6637295 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
9398682 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
513581 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
449146 | USD | |
epm |
Increase In Accounts Payable Related To Joint Venture Activities
IncreaseInAccountsPayableRelatedToJointVentureActivities
|
9576 | USD | |
epm |
Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
|
47200 | USD | |
CY2012Q4 | us-gaap |
Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
|
24871 | USD |
CY2012Q4 | epm |
Income Taxes Receivable Current
IncomeTaxesReceivableCurrent
|
92885 | USD |
CY2012Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
306 | USD |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.423 | pure | |
CY2011Q4 | epm |
Incremental Common Shares Attributable To Common Stock Warrants Issued In Equity And Financing Transactions
IncrementalCommonSharesAttributableToCommonStockWarrantsIssuedInEquityAndFinancingTransactions
|
61187 | shares |
epm |
Incremental Common Shares Attributable To Common Stock Warrants Issued In Equity And Financing Transactions
IncrementalCommonSharesAttributableToCommonStockWarrantsIssuedInEquityAndFinancingTransactions
|
845 | shares | |
epm |
Incremental Common Shares Attributable To Common Stock Warrants Issued In Equity And Financing Transactions
IncrementalCommonSharesAttributableToCommonStockWarrantsIssuedInEquityAndFinancingTransactions
|
60149 | shares | |
CY2011Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3661316 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3803915 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3603317 | shares | |
CY2011Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3722503 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3804760 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3663466 | shares | |
epm |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
|
1.84 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5465185 | shares | |
CY2011Q4 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
36808 | USD |
CY2012Q4 | us-gaap |
Interest Expense
InterestExpense
|
16564 | USD |
CY2012Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
826840 | USD |
CY2012Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28071317 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28032223 | shares | |
CY2012Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31856417 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31836983 | shares | |
CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.10 | ||
CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | ||
CY2012Q4 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
250000 | USD |
CY2012Q4 | epm |
Oil And Natural Gas Sales Receivables Current
OilAndNaturalGasSalesReceivablesCurrent
|
2141280 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
162746 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
184842 | USD |
CY2012Q4 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
40276684 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
68031 | USD |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
269758 | USD |
CY2012Q4 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
1383991 | USD |
CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
609350 | USD |
CY2012Q4 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
219137 | USD |
CY2012Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
137924 | USD |
CY2012Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
170873 | USD |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
415489 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
7541364 | USD |
CY2012Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
61437 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
28897 | USD |
CY2012Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
30164056 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
20840556 | USD |
CY2012Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
898990 | USD |
CY2012Q4 | epm |
Revenue From Crude Oil
RevenueFromCrudeOil
|
5379399 | USD |
CY2012Q4 | epm |
Revenue From Natural Gas Liquids
RevenueFromNaturalGasLiquids
|
86556 | USD |
CY2012Q4 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
182103 | USD |
epm |
Revenue From Crude Oil
RevenueFromCrudeOil
|
9384821 | USD | |
epm |
Revenue From Natural Gas Liquids
RevenueFromNaturalGasLiquids
|
206167 | USD | |
us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
348616 | USD | |
CY2012Q4 | us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
419328 | USD |
CY2012Q4 | us-gaap |
Production Tax Expense
ProductionTaxExpense
|
20863 | USD |
CY2012Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
350119 | USD |
CY2012Q4 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
17751 | USD |
CY2012Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1815276 | USD |
us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
735497 | USD | |
us-gaap |
Production Tax Expense
ProductionTaxExpense
|
42236 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
647036 | USD | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
38858 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3520700 | USD | |
CY2012Q4 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
5614 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
11230 | USD | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1959272 | USD |
CY2012Q4 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
168576 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
337151 | USD | |
epm |
Depreciation Depletion And Amortization Cash Flows Impact
DepreciationDepletionAndAmortizationCashFlowsImpact
|
667461 | USD | |
epm |
Payments On Asset Retirement Obligations
PaymentsOnAssetRetirementObligations
|
47026 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1498760 | USD | |
epm |
Deferred Rent Expenses
DeferredRentExpenses
|
-8574 | USD | |
epm |
Increase Decrease In Receivables From Oil And Natural Gas Sales
IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales
|
797933 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
116 | USD | |
epm |
Increase Decrease In Amount Due From Joint Interest Partner
IncreaseDecreaseInAmountDueFromJointInterestPartner
|
-40050 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-48591 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-390979 | USD | |
us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
-74876 | USD | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
115801 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
26110 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
337151 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
200156 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
31885 | USD | |
epm |
Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
|
8558 | USD | |
CY2012Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.35 | pure |
CY2011Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.414 | pure |
epm |
Payments For Purchase Of Treasury Stock Cost Method
PaymentsForPurchaseOfTreasuryStockCostMethod
|
16968 | USD | |
CY2012 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
175943 | USD |
CY2012 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
61936 | USD |
CY2012 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
77505 | USD |
CY2012 | us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
-82421 | USD |
epm |
Asset Retirement Obligation Liabilities Sold
AssetRetirementObligationLiabilitiesSold
|
170433 | USD | |
CY2011Q4 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.085 | pure |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
73617 | USD | |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
73617 | USD | |
us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
1504534 | USD |