▲ +38.89% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Evolution Petroleum in the last 3 months. The average price target is $4.50, with a high forecast of $4.50 and a low forecast of $4.50. The average price target represents a 38.89% upside from the last price of $3.24.
The current consensus among 2 polled investment analysts is to buy stock in Evolution Petroleum. This rating has held steady since February 2020, when it changed from a Hold consensus rating.
Evolution Petroleum Corporation, an oil and gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. The company primarily 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 was founded in 2003 and is based in Houston, Texas.