Evolution Petroleum Q3: Assets $33.3M, Liabilities $34.3M
Ticker: EPM · Form: 10-Q · Filed: May 14, 2025 · CIK: 1006655
Sentiment: bearish
Topics: financials, liabilities, assets, share-repurchase
TL;DR
**EPM liabilities > assets as of Q3 2025. Share buybacks continue.**
AI Summary
Evolution Petroleum Corp. reported its third-quarter results for the period ending March 31, 2025. The company's financial statements indicate total assets of $33,339,535 and total liabilities of $34,284,369. The filing also references share repurchase programs initiated in 2022 and 2023, with the 2022 program set to conclude by December 31, 2024.
Why It Matters
This filing provides a snapshot of Evolution Petroleum's financial health, showing liabilities slightly exceeding assets as of March 31, 2025, which could impact future financial flexibility.
Risk Assessment
Risk Level: medium — The company's liabilities ($34.3M) slightly exceed its assets ($33.3M) as of the reporting date, indicating potential financial strain.
Key Numbers
- $33.3B — Total Assets (As of March 31, 2025)
- $34.3B — Total Liabilities (As of March 31, 2025)
Key Players & Entities
- Evolution Petroleum Corp. (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of the reporting period
- $33,339,535 (dollar_amount) — Total assets as of March 31, 2025
- $34,284,369 (dollar_amount) — Total liabilities as of March 31, 2025
- 2022 (date) — Start year of a share repurchase program
- 2023 (date) — Start year of a share repurchase program
- December 31, 2024 (date) — End date for the 2022 share repurchase program
FAQ
What were Evolution Petroleum's total assets and liabilities as of March 31, 2025?
As of March 31, 2025, Evolution Petroleum Corp. reported total assets of $33,339,535 and total liabilities of $34,284,369.
When does the 2022 share repurchase program for Evolution Petroleum Corp. conclude?
The 2022 share repurchase program for Evolution Petroleum Corp. is scheduled to conclude by December 31, 2024.
What is the fiscal year end for Evolution Petroleum Corp.?
Evolution Petroleum Corp.'s fiscal year ends on June 30.
In which state was Evolution Petroleum Corp. incorporated?
Evolution Petroleum Corp. was incorporated in Nevada (NV).
What is the SIC code for Evolution Petroleum Corp.?
The Standard Industrial Classification (SIC) code for Evolution Petroleum Corp. is 1311, which corresponds to Crude Petroleum & Natural Gas.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 14, 2025 regarding EVOLUTION PETROLEUM CORP (EPM).