Evolution Petroleum (NYSEAMERICAN:EPM) Stock Crosses Below 50-Day Moving Average – What’s Next?

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.78 and traded as low as $3.60. Evolution Petroleum shares last traded at $3.65, with a volume of 288,878 shares.

Evolution Petroleum Trading Up 0.3%

The stock’s fifty day moving average price is $3.78 and its 200 day moving average price is $4.48. The stock has a market cap of $127.75 million, a P/E ratio of -365.00 and a beta of 0.29. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.77.

Evolution Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were paid a $0.12 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.48 annualized dividend and a dividend yield of 13.2%. Evolution Petroleum’s dividend payout ratio is presently 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.