Evolution Petroleum Corporation found using ticker (EPM) have now 2 analysts covering the stock with the consensus suggesting 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. Given that the stocks previous close was at 5.49 this now indicates there is a potential upside of 64.8%. The 50 day MA is 6.31 and the 200 moving average now moves to 6.17. The company has a market capitalisation of $198m. Visit the company website at: https://www.evolutionpetroleum.com
The potential market cap would be $327m 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.
