Evolution Petroleum (EPM) Operating Expenses (2010 - 2026)
Evolution Petroleum (EPM) posted Operating Expenses of $20.7 million for Q1 2026, up 3.52% on a QoQ basis from $20.0 million in Q4 2025, and down 1.19% year-over-year from $21.0 million in Q1 2025.
Analysis
Evolution Petroleum (EPM) Operating Expenses (2010 - 2026) Analysis & Trends
Evolution Petroleum has reported Operating Expenses for 17 years, with the latest figure at $20.7 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 1.19% year-over-year to $20.7 million in Q1 2026; TTM through Mar 2026 was $81.9 million, a 1.45% increase from a year earlier, with the FY2025 full-year figure at $81.7 million, up 4.74% from the prior year.
- Operating Expenses was $20.7 million for Q1 2026 at Evolution Petroleum, up from $20.0 million in the prior quarter.
- The five-year high for Operating Expenses was $25.2 million in Q3 2022, with the low at $15.3 million in Q1 2022.
- Average Operating Expenses over 5 years is $20.2 million, with a median of $20.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 130.44% in 2022, then declined 25.56% in 2023.
- Over 5 years, Operating Expenses stood at $21.1 million in 2022, then declined by 7.69% to $19.5 million in 2023, then advanced by 7.31% to $20.9 million in 2024, then declined by 4.11% to $20.0 million in 2025, then climbed by 3.52% to $20.7 million in 2026.
- The last three Operating Expenses figures came in at $20.7 million (Q1 2026), $20.0 million (Q4 2025), and $21.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 8.76 Bn | 8.68 Bn | - | 249.00 Mn |
| 2 | Black Stone Minerals | 3.18 Bn | 3.17 Bn | - | 38.90 Mn |
| 3 | Natural Resource Partners | 1.49 Bn | 1.46 Bn | 47.24 Mn | 21.88 Mn |
| 4 | Kimbell Royalty Partners | 1.46 Bn | 1.42 Bn | - | 52.80 Mn |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | 25.20 Mn |
| 6 | Evolution Petroleum | 126.62 Mn | 121.58 Mn | 7.21 Mn | 20.73 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | 56,000.00 |
| 8 | Mentor Capital | 757,270.28 | 21,452.28 | 65,595.00 | 197,439.00 |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | 4,167.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 20.73 Mn |
| Dec 31, 2025 | 20.02 Mn |
| Sep 30, 2025 | 21.37 Mn |
| Jun 30, 2025 | 19.77 Mn |
| Mar 31, 2025 | 20.98 Mn |
| Dec 31, 2024 | 20.88 Mn |
| Sep 30, 2024 | 20.04 Mn |
| Jun 30, 2024 | 18.82 Mn |
| Mar 31, 2024 | 20.94 Mn |
| Dec 31, 2023 | 19.46 Mn |
| Sep 30, 2023 | 18.75 Mn |
| Jun 30, 2023 | 17.92 Mn |
| Mar 31, 2023 | 19.22 Mn |
| Dec 31, 2022 | 21.08 Mn |
| Sep 30, 2022 | 25.19 Mn |
| Jun 30, 2022 | 22.40 Mn |
| Mar 31, 2022 | 15.34 Mn |
| Dec 31, 2021 | 13.72 Mn |
| Sep 30, 2021 | 12.09 Mn |
| Jun 30, 2021 | 10.70 Mn |