Evolution Petroleum Corporation – Consensus Indicates Potential 20.7% Upside

Broker Ratings
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Evolution Petroleum Corporation with ticker code (EPM) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 9.5 and 8.6 with the average target price sitting at 9.05. With the stocks previous close at 7.5 this would indicate that there is a potential upside of 20.7%. There is a 50 day moving average of 6.21 and the 200 day moving average is 6.27. The market cap for the company is $234m. You can visit the company’s website by visiting: https://www.evolutionpetroleum.com

The potential market cap would be $283m based on the market concensus.

Evolution Petroleum Corporation, an oil and natural gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. The company holds interests in a CO2 enhanced oil recovery project in Louisiana’s Delhi field. Its Delhi Holt-Bryant Unit covers an area of 13,636 acres located in Northeast Louisiana. The company also holds interests in the Hamilton Dome field covering 5,908 acres located in Wyoming; and Barnett Shale field covering an area of 123,777 acres located in North Texas. Evolution Petroleum Corporation was founded in 2003 and is based in Houston, Texas.

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