Analyst Price Target is $4.93
▲ +27.48% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Evolution Petroleum in the last 3 months. The average price target is $4.93, with a high forecast of $5.30 and a low forecast of $4.50. The average price target represents a 27.48% upside from the last price of $3.87.
Current Consensus is
Hold
The current consensus among 3 polled investment analysts is to hold stock in Evolution Petroleum. This rating changed within the last month from a Moderate Buy consensus rating.
Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore 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 approximately 13,636 acres located in Northeast Louisiana. The company also holds interests in the Hamilton Dome field covering 5,908 acres located in Hot Springs County, Wyoming; Barnett Shale field covering an area of 123,777 acres located in North Texas; Williston Basin covering an area of 145,743 acres located in North Dakota; Jonah Field covering an area of 5,280 acres located in Sublette County, Wyoming; and small overriding royalty interests in four onshore central Texas wells. Evolution Petroleum Corporation was founded in 2003 and is based in Houston, Texas.
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