Investing.com - Evolution Petroleum (NYSE:EPM) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Evolution Petroleum announced earnings per share of $0.44 on revenue of $42.02M. Analysts polled by Investing.com anticipated EPS of $0.37 on revenue of $35.5M.
Evolution Petroleum shares are up 28.15% from the beginning of the year, still down 16.89% from its 52 week high of $8.17 set on March 7.
Evolution Petroleum follows other major Energy sector earnings this month
Evolution Petroleum's report follows an earnings beat by Adaro Energy ADR on August 29, who reported EPS of $1.31 on revenue of $2.32B, compared to forecasts EPS of $0.8644 on revenue of $2.32B.
Archaea Energy had missed expectations on August 16 with second quarter EPS of $-0.18 on revenue of $77.22M, compared to forecast for EPS of $0.1287 on revenue of $80M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar