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Investing.com - Evolution Petroleum reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Evolution Petroleum announced earnings per share of $0.320 on revenue of $39.8M. Analysts polled by Investing.com EPS of $0.370 on revenue of $36.67M.
Evolution Petroleum 's are down 48.09% and is trading at $8.420 , still down 1.52% from its 52 week high of $8.55 set on Monday, September 19, 2022.
Evolution Petroleum follows other major Energy sector earnings this month
Evolution Petroleum's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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