Evolution Petroleum Corporation (NYSE American: EPM) announced on November 9, 2026, that its Board of Directors has approved a cash dividend of $0.12 per common share. This payment is designated for the second quarter of 2027.
Shareholders of record as of December 15, 2026, will be eligible to receive the dividend, which is scheduled to be paid on December 31, 2026.
This declaration marks the 18th consecutive $0.12 dividend payment by the company and represents its 53rd consecutive quarterly cash dividend.
In addition to the dividend announcement, the company reported its financial and operating results for the fiscal first quarter ended September 30, 2026. During this period, the company reported revenues of $22.6 million from oil, natural gas, and natural gas liquids, a 6% increase compared to the prior year.
Production averaged 6,978 barrels of oil equivalent per day (BOEPD) in the quarter. The company noted that the Permian Minerals portfolio exceeded acquisition expectations, averaging approximately 218 BOE/d since the August 20 effective date.
Regarding its balance sheet, as of September 30, 2026, Evolution reported cash and cash equivalents of $3.1 million, outstanding borrowings of $60.0 million, and $0.8 million in letters of credit under its Senior Secured Credit Facility. The company also noted that it returned $4.9 million to shareholders through cash dividends in the fiscal first quarter.
