Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM) Short Interest Update

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,181,162 shares, an increase of 27.0% from the December 31st total of 1,717,660 shares. Based on an average daily volume of 594,847 shares, the days-to-cover ratio is presently 3.7 days. Currently, 7.0% of the shares of the company are sold short. Currently, 7.0% of the shares of the company are sold short. Based on an average daily volume of 594,847 shares, the days-to-cover ratio is presently 3.7 days.

Evolution Petroleum Stock Performance

EPM traded up $0.09 during midday trading on Tuesday, reaching $4.08. The company had a trading volume of 314,770 shares, compared to its average volume of 383,946. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.77. The business has a 50-day moving average of $3.74 and a two-hundred day moving average of $4.41. The company has a market cap of $142.80 million, a P/E ratio of 199.50 and a beta of 0.31. Evolution Petroleum has a 1 year low of $3.19 and a 1 year high of $5.70.

Evolution Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.8%. Evolution Petroleum’s dividend payout ratio is 600.08%.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation (NYSE American: EPM) is an independent oil and natural gas company focused on enhanced oil recovery (EOR) through the use of carbon dioxide. Headquartered in Houston, Texas, the company specializes in acquiring and developing mature hydrocarbon reservoirs that benefit from CO₂ injection to increase production efficiency. Evolution Petroleum’s business model combines property acquisition, reservoir engineering, and CO₂ management to optimize recovery of oil and associated gas.

The company’s primary asset is the Jackson Dome CO₂ field in southwestern Mississippi, where natural carbon dioxide is produced, separated and reinjected into adjacent oil-bearing formations.