Evolution Petroleum Corporation – Consensus Indicates Potential 33.9% Upside

Broker Ratings
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Evolution Petroleum Corporation found using ticker (EPM) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 9.5 and 8.6 with a mean TP of 9.05. Now with the previous closing price of 6.76 this now indicates there is a potential upside of 33.9%. There is a 50 day moving average of 6.16 and the 200 day moving average is 6.21. The company has a market cap of $222m. Find out more information at: https://www.evolutionpetroleum.com

The potential market cap would be $297m 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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