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Stock impact report

Small-Cap Oil Producer Hits 50 Consecutive Dividends With a 10.6% Yield, But the Cushion Is Thin [Yahoo! Finance]

Evolution Petroleum Corporation, Inc. (EPM) 
NASDAQ:AMEX Investor Relations: evolutionpetroleum.com/investor-overview.php
Company Research Source: Yahoo! Finance
net income of only $1.07 million against dividend payments of $4.2 million; adjusted EBITDA grew 41% year-over-year to $8.0 million with lease operating expenses down to $16.96 per BOE, while trailing twelve-month operating cash flow covered dividends 1.87x. Natural gas tailwinds and a shift toward capital-light minerals and royalty acquisitions are sustaining Evolution's dividend payout, but structural oil price weakness, $54.5 million in debt against only $13.5 million in liquidity, and a thin earnings cushion expose the streak to commodity volatility. If you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more here Founded in 2003, Evolution Petroleum ( NYSE:EPM ) is focused on developing and producing onshore oil and natural gas properties in the US and just declared its 50th consecutive quarterly dividend, a Show less Read more
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