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Investing.com - Evolution Petroleum 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 EPS of $0.37 on revenue of $35.5M.
Evolution Petroleum 's are up 28.15% and is trading at $6.790 , still down 16.89% from its 52 week high of $8.17 set on Monday, March 7, 2022.
Evolution Petroleum follows other major Energy sector earnings this month
Evolution Petroleum's report follows an earnings beat by Adaro Energy ADR on Monday, August 29, 2022, who reported EPS of $1.31 on revenue of $2.32B, EPS of $0.8644 on revenue of $2.32B.
Archaea Energy had missed expectations on Tuesday, August 16, 2022 with second quarter EPS of $-0.18 on revenue of $77.22M, for EPS of $0.1287 on revenue of $80M.
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