UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
For the quarterly period ended
Commission File Number:
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |
(Address of principal executive offices, including zip code)
(
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol | Name of each exchange on which registered |
|---|---|---|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large Accelerated Filer ☐ Accelerated Filer ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes
As of March 31, 2026, the registrant had
Form type: 10-Q
Period end: 2026-03-31
| Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 | Nine Months Ended March 31, 2026 | Nine Months Ended March 31, 2025 | |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | ||||
| Cost of revenue | ||||
| Total COGS | ||||
| Gross Profit | ||||
| Depreciation, depletion and amortization | 17,174,000 | 16,172,000 | ||
| General and administrative | ||||
| Other income statement items (derived) | - | - | - | - |
| Total operating expenses | ||||
| Operating income | - | |||
| Other income (expense) | ||||
| Interest expense | ||||
| Net gain (loss) on derivative contracts | ||||
| Income before income taxes | - | - | - | - |
| Income tax expense (benefit) | - | - | - | - |
| Net Income | - | - | - | - |
| Net income (loss) available to common stockholders | - | - | - | |
| Basic earnings per share | - | - | ||
| Diluted earnings per share | - | - | ||
| Weighted average shares outstanding, basic | ||||
| Weighted average shares outstanding, diluted | ||||
| March 31, 2026 | June 30, 2025 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Accounts receivable | ||
| Cash and cash equivalents | ||
| Prepaid expenses and other current assets | ||
| Other current assets (derived) | ||
| Total current assets | ||
| Noncurrent assets | ||
| Operating lease right-of-use assets | ||
| Other noncurrent assets | ||
| Other assets (derived) | ||
| Total noncurrent assets | ||
| Total Assets | ||
| Liabilities | ||
| Current liabilities | ||
| Accounts payable | ||
| Accrued liabilities | ||
| Operating lease liabilities, current | ||
| Taxes payable | 0 | |
| Other current liabilities (derived) | ||
| Total current liabilities | ||
| Noncurrent liabilities | ||
| Asset retirement obligations | ||
| Deferred tax liabilities | ||
| Operating lease liabilities, noncurrent | 0 | |
| Other liabilities (derived) | ||
| Total noncurrent liabilities | ||
| Total Liabilities | ||
| Equity | ||
| Additional paid-in capital | ||
| Common stock | ||
| Common stock, par value per share | ||
| Common stock, shares authorized | ||
| Common stock, shares issued | ||
| Common stock, shares outstanding | ||
| Retained earnings (accumulated deficit) | ||
| Total Equity | ||
| Total liabilities and equity | ||
| Nine Months Ended March 31, 2026 | Nine Months Ended March 31, 2025 | |
|---|---|---|
| Operating activities | ||
| Net income | - | - |
| Depreciation and amortization | ||
| Stock-based compensation | ||
| Deferred income taxes | - | - |
| Change in income taxes payable | - | |
| Change in prepaid expenses and other assets | ||
| Changes in operating assets and liabilities, net | ||
| Net cash from operating activities | ||
| Investing activities | ||
| Investing activities, net | -27,228,000 | -10,053,000 |
| Net cash from investing activities | - | - |
| Financing activities | ||
| Repurchases of common stock | - | - |
| Dividends paid | - | - |
| Proceeds from issuance of common stock | ||
| Other financing activities (derived) | - | |
| Net cash from financing activities | - | |
| Net change in cash | - | |
| Cash at beginning of period | 6,446,000 | |
| Cash at end of period | 5,601,000 | |
| Supplemental disclosure of noncash investing and financing activities | ||
| Capital expenditures incurred but not yet paid | ||
| Common stock | Additional paid-in capital | Retained earnings (accumulated deficit) | Total | |
|---|---|---|---|---|
| Balance at December 31, 2024 | 34,000 | 44,140,000 | 32,128,000 | 76,302,000 |
| Net income | - | - | ||
| Other equity movements | 0 | 1,646,000 | -4,109,000 | -2,463,000 |
| Balance at March 31, 2025 | 34,000 | 45,786,000 | 25,840,000 | 71,660,000 |
| Balance at December 31, 2025 | 35,000 | 48,843,000 | 18,666,000 | 67,544,000 |
| Net income | - | - | ||
| Other equity movements | 1,000 | 4,056,000 | -4,261,000 | -204,000 |
| Balance at March 31, 2026 | 36,000 | 52,899,000 | 5,473,000 | 58,408,000 |
| Balance at June 30, 2024 | 33,000 | 41,091,000 | 40,003,000 | 81,127,000 |
| Net income | - | - | ||
| Other equity movements | 1,000 | 4,695,000 | -12,224,000 | -7,528,000 |
| Balance at March 31, 2025 | 34,000 | 45,786,000 | 25,840,000 | 71,660,000 |
| Balance at June 30, 2025 | ||||
| Net income | - | - | ||
| Dividends | - | - | ||
| Other equity movements | 2,000 | 6,249,000 | 0 | 6,251,000 |
| Balance at March 31, 2026 |
Evolution Petroleum Corp is a public reporting company classified under Crude Petroleum & Natural Gas. Our oil and natural gas properties consist primarily of non-operated interests, including a non-operated interest in TexMex where we hold an approximate 42% net working interest and 35% average net revenue interest located on approximately 27,800 gross (11,200 net) acres primarily in Lea, Eddy and Chaves Counties, New Mexico and Stephens County, Texas, and non-operated interests in the SCOOP and STACK plays in the Anadarko basin, where we hold approximately 2.6% average net working interest and approximately 2.0% average net revenue interests located on approximately 103,700 gross (4,200 net) acres across multiple counties in Oklahoma. The accompanying condensed financial statements as of and for the period ended March 31, 2026 are unaudited and have been prepared from the Company's connected books and records; the results of operations for the interim period are not necessarily indicative of the results to be expected for a full fiscal year. These interim statements should be read in conjunction with the audited financial statements and notes included in the Company's Annual Report on Form 10-K for the fiscal year ended [COMPLETE: fiscal year end date].
Revenue for the period was $20,168,000, compared with $22,561,000 for the prior period, a decrease of 10.6%. Cost of revenue was $12,959,000, compared with $13,388,000 in the prior period, a decrease of 3.2%. The Company recognized a loss on derivative contracts of $9,869,000, compared with a loss of $3,802,000 in the prior period, and recorded an income tax benefit of $2,431,000, compared with a benefit of $687,000 in the prior period. Net loss for the period was $8,932,000. Basic and diluted loss per share were each $0.26, based on weighted-average basic shares outstanding of 34,315,000. The effective tax rate for the year-to-date period was 14.9%.
Total liabilities at March 31, 2026 were $111,352,000. Unamortized debt issuance costs totaled $351,000 at period end. Interest expense for the period was $960,000, compared with $705,000 in the prior period, an increase of 36.2%. Operating lease liabilities consisted of a current portion of $70,000 and a noncurrent portion of $369,000, with a present value of operating lease liabilities of $439,000. Operating lease right-of-use assets were $432,000 at period end, compared with $80,000 in the prior period. Future undiscounted lease payments are $97,000 within one year, $100,000 in year two, $103,000 in year three, $107,000 in year four and $110,000 thereafter, for total undiscounted lease payments of $517,000 less imputed interest of $78,000. The weighted average remaining lease term was 5.25 years and the weighted average discount rate was 6.1%. Operating lease cost for the year-to-date period was $70,000, total lease cost was $106,000, cash paid for amounts included in the measurement of operating lease liabilities was $67,000, and right-of-use assets obtained in exchange for operating lease liabilities totaled $455,000.
Total stockholders' equity at March 31, 2026 was $58,408,000. Stockholders' equity consisted of common stock of $36,000, additional paid-in capital of $52,899,000 and retained earnings of $5,473,000. Additional paid-in capital increased 15.5% from $45,786,000 in the prior period, common stock increased from $34,000, and retained earnings decreased 78.8% from $25,840,000 in the prior period. Share-based compensation expense totaled $600,000 for the period, unchanged from $600,000 in the prior period.
The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) and the applicable rules and regulations of the Securities and Exchange Commission. In the opinion of management, the financial statements reflect all adjustments necessary for a fair statement of the financial position, results of operations, and cash flows for the periods presented.
The financial statements include the accounts of the Company and its consolidated subsidiaries, if any. All intercompany balances and transactions have been eliminated in consolidation.
Receivables are recorded at the amounts contractually due from customers and other counterparties, net of any allowance for amounts not expected to be collected.
The Company determines whether an arrangement is or contains a lease at inception. For leases with terms greater than twelve months, a right-of-use asset and a corresponding lease liability are recognized at the lease commencement date, measured at the present value of the remaining lease payments over the lease term.
Debt is carried at amortized cost. Debt issuance costs and discounts or premiums are presented as an adjustment to the carrying amount of the related debt and amortized to interest expense over the contractual term of the debt.
Derivative instruments are recognized as assets or liabilities on the balance sheet and measured at fair value. Changes in the fair value of derivatives are recognized in earnings unless the derivative is designated and qualifies as a hedging instrument, in which case recognition follows the applicable hedge accounting model.
Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, measured using enacted tax rates expected to apply in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is recognized when it is more likely than not that some portion of the deferred tax assets will not be realized.
Share-based compensation is measured at the grant-date fair value of the award and recognized as expense over the requisite service period of the award.
Basic earnings per share is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock, except when the effect would be antidilutive.
Equity instruments issued by the Company are classified in stockholders' equity based on their terms. The components of stockholders' equity and the changes in those components for the periods presented are set forth in the equity note.
The Company evaluates the applicability and impact of Accounting Standards Updates issued by the Financial Accounting Standards Board as they are issued. Adopted updates and updates not yet effective are not expected to have a material effect on the financial statements, except as otherwise described in these notes.
| Current | Prior | |
|---|---|---|
| Operating lease liabilities, current | ||
| Operating lease liabilities, noncurrent | 0 | |
| Total debt | 439,000 | 66,000 |
| Current | Prior | |
|---|---|---|
| Unamortized debt issuance costs |
| Current | Prior | |
|---|---|---|
| Additional paid-in capital | ||
| Common stock | ||
| Retained earnings (accumulated deficit) | ||
| Total stockholders' equity | 58,408,000 | 71,813,000 |
| Current | Prior | |
|---|---|---|
| Net income available to common stockholders | - | - |
| Weighted average shares outstanding, basic | ||
| Weighted average shares outstanding, diluted | ||
| Basic earnings per share | -0.26 | -0.07 |
| Diluted earnings per share | - | - |
| Amount | |
|---|---|
| Within one year | |
| Year two | |
| Year three | |
| Year four | |
| Thereafter | 110,000 |
| Total undiscounted lease payments | |
| Less imputed interest | |
| Present value of operating lease liabilities | |
| Weighted average remaining lease term (years) | |
| Weighted average discount rate |
| Amount | Year to date | Prior year to date | |
|---|---|---|---|
| Operating lease cost | |||
| Total lease cost | |||
| Cash paid for amounts included in the measurement of operating lease liabilities | |||
| Right-of-use assets obtained in exchange for operating lease liabilities |
| Amount | Year to date | Prior year to date | |
|---|---|---|---|
| Federal statutory rate | |||
| Effective tax rate |
| Current | Prior | |
|---|---|---|
| Operating loss carryforwards | ||
| Share-based compensation | ||
| Other deferred tax assets | ||
| Deferred tax assets, net | ||
| Derivative instruments | ||
| Asset retirement obligations | ||
| Operating loss carryforwards, pre-tax | ||
| Deferred tax liabilities | ||
| Deferred income tax liabilities | ||
| Property and equipment |
| Current | Prior | |
|---|---|---|
| Total share-based compensation expense |
| Current | Prior | |
|---|---|---|
| Interest expense, nonoperating | 960,000 | 705,000 |
| Current | Prior | |
|---|---|---|
| Derivative assets | ||
| Derivative assets, current | ||
| Derivative assets, noncurrent | ||
| Derivative liabilities | ||
| Derivative liabilities, current | ||
| Derivative liabilities, noncurrent |
| Balance sheet captions for these amounts are not separately disclosed: |
Evolution Petroleum Corporation is a public reporting company operating in the crude petroleum and natural gas industry. For the period ended March 31, 2026, revenue was $20,168,000 compared to $22,561,000 in the comparable prior-year period, a decrease of 10.6%. The decrease in revenue was primarily attributable to [COMPLETE: description of production volume and realized commodity price drivers]. Cost of revenue decreased 3.2% to $12,959,000 from $13,388,000, while depreciation, depletion and amortization increased 5.6% to $5,294,000 from $5,014,000. General and administrative expenses decreased 3.9% to $2,473,000 from $2,573,000. Interest expense increased 36.2% to $960,000 from $705,000, reflecting [COMPLETE: driver of higher borrowing costs].
The most significant driver of the change in our results was the net loss on derivative contracts, which increased 159.6% to $9,869,000 from a loss of $3,802,000 in the prior-year period. Other income statement items contributed income of $24,000 compared to income of $55,000 in the prior-year period. We recorded an income tax benefit of $2,431,000 compared to a benefit of $687,000 in the prior-year period. As a result, we reported a net loss of $8,932,000 for the period, and basic earnings per share was a loss of $0.26 on weighted-average basic shares outstanding of 34,315,000. Retained earnings declined 78.8% to $5,473,000 from $25,840,000, while additional paid-in capital increased 15.5% to $52,899,000 from $45,786,000.
Cash and cash equivalents were $2,616,000 at March 31, 2026, compared to $5,601,000 at the end of the comparable prior-year period, a decrease of 53.3%. Net cash from operating activities was $16,719,000 compared to $22,596,000 in the prior-year period, and net cash used in investing activities was $27,228,000 compared to $10,053,000. Net cash from financing activities was $10,618,000 compared to net cash used in financing activities of $13,388,000 in the prior-year period, reflecting dividends paid of $12,613,000, repurchases of common stock of $225,000, proceeds from issuance of common stock of $4,944,000 and other financing activities of $18,512,000. Capital expenditures incurred but not yet paid were $4,000,000 compared to $8,800,000 in the prior-year period. Total assets were $169,760,000 at March 31, 2026 compared to $160,252,000 at June 30, 2025, and total liabilities were $111,352,000 and total equity was $58,408,000. Accounts receivable decreased 11.2% to $9,506,000 from $10,707,000, accounts payable increased 5.1% to $12,588,000 from $11,977,000, and accrued liabilities decreased 20.8% to $5,619,000 from $7,092,000. Asset retirement obligations increased 11.3% to $22,700,000 from $20,398,000, and other liabilities increased 61.9% to $65,752,000 from $40,606,000.
We began paying cash quarterly dividends on our common stock in December 2013 and, as of June 30, 2025, had paid 47 consecutive quarterly dividends on our common stock. In September 2025, the Company declared a $0.12 per share dividend payable on September 30, 2025. Any future determination with regard to the payment of dividends will be at the discretion of the Board of Directors and will be dependent upon our future earnings, financial condition, results of operations, applicable dividend restrictions, capital requirements, and other factors deemed relevant by the Board of Directors. Our primary market risk exposure is interest rate risk on cash, cash equivalents, and short-term investments. Management believes that [COMPLETE: statement as to whether cash on hand, cash flows from operations and available borrowing capacity are sufficient to fund operations, capital expenditures and dividends for at least the next twelve months].
EVOLUTION PETROLEUM CORP is a public reporting company classified under Crude Petroleum & Natural Gas. Our oil and natural gas properties consist primarily of non-operated interests in the Hamilton Dome Field, a secondary recovery field utilizing water injection wells to pressurize the reservoir, and in the Delhi Field, a CO2-EOR project, as well as in TexMex and in the SCOOP and STACK plays in the Anadarko basin. Our primary market risk exposure is interest rate risk on cash, cash equivalents, and short-term investments. We do not have material foreign currency or commodity price exposure.
As of March 31, 2026, our cash and cash equivalents totaled $2,616,000, compared with $5,601,000 for the prior period, a decrease of 53.3%. Changes in prevailing interest rates affect the interest income we earn on these balances, and a decline in market rates would reduce that income while an increase would enhance it. Interest expense for the current period was $960,000, compared with $705,000 for the prior period, an increase of 36.2%, and our total liabilities were $111,352,000. Our liabilities include operating lease liabilities of $70,000 classified as current and $369,000 classified as noncurrent. [COMPLETE: describe any outstanding borrowings under credit facilities, the applicable interest rate basis, whether such borrowings bear interest at variable rates, and the estimated effect on annual interest expense of a hypothetical change in interest rates.] We do not currently use interest rate derivative instruments to manage our exposure to interest rate fluctuations. [COMPLETE: confirm]
Revenue for the current period was $20,168,000, compared with $22,561,000 for the prior period, a decrease of 10.6%. Our results for the current period also reflect a net loss on derivative contracts of $9,869,000, compared with a net loss of $3,802,000 for the prior period. [COMPLETE: describe the nature and terms of the derivative contracts, the volumes and pricing covered, the accounting treatment applied, and how these instruments relate to management's assessment of commodity price exposure.] We do not have material foreign currency exposure, as our operations and the sale of our production are conducted in the United States, and accordingly we have not entered into any foreign currency hedging arrangements. Beyond the interest rate risk on cash, cash equivalents, and short-term investments described above, we do not believe we are exposed to other market risks that would be material to our financial position or results of operations.
Evolution Petroleum Corp maintains disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, that are designed to ensure that information required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission, and that such information is accumulated and communicated to our management, including our principal executive officer and principal financial officer, as appropriate to allow timely decisions regarding required disclosure. Our management, with the participation of our principal executive officer and principal financial officer, evaluated the effectiveness of our disclosure controls and procedures as of March 31, 2026, the end of the period covered by this Quarterly Report on Form 10-Q, and based on that evaluation concluded that our disclosure controls and procedures were effective at the reasonable assurance level as of that date. [COMPLETE: Management to review and formally adopt the foregoing conclusion language prior to filing.]
There were no changes in our internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, that occurred during the quarter ended March 31, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Management recognizes that any system of controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met, and is subject to inherent limitations, including the possibility of human error and the circumvention or overriding of controls. Accordingly, our disclosure controls and procedures are designed to provide reasonable assurance of achieving their stated objectives, and our principal executive officer and principal financial officer have concluded that they are effective at that reasonable assurance level, as described above.
Evolution Petroleum Corporation is involved in legal proceedings arising in the ordinary course of business from time to time. These matters may include claims related to the Company's oil and natural gas operations, contractual arrangements, and other commercial activities that are typical for a company in our industry. The Company is a public reporting company classified under Crude Petroleum & Natural Gas, and the nature of such proceedings is consistent with those encountered by other participants in this sector.
Management does not currently believe any pending matter is material to the financial statements. The Company evaluates the status of pending legal matters on an ongoing basis and, where appropriate, considers whether a loss is probable and reasonably estimable in determining whether accruals or disclosures are required. As of March 31, 2026, the Company was not a party to any legal proceedings that management believes would have a material adverse effect on its financial position, results of operations, or cash flows.
The outcome of litigation and other legal proceedings is inherently uncertain, and future developments could cause the Company's assessment of these matters to change. Should any matter arise or develop in a manner that management believes could be material, the Company will make appropriate disclosure in its periodic reports as required by applicable securities laws.
Our business is subject to a number of risks and uncertainties, and the risk factors described below should be read together with the other information in this report. We are a public reporting company classified under Crude Petroleum & Natural Gas, and our results depend substantially on properties that we do not operate. Our non-operated working interests and overriding royalty interests in the Delhi Field, a CO2-EOR project, consist of approximately 24% average net working interest, with an associated 19% average net revenue interest and separate overriding royalty and mineral interests of approximately 7% yielding a total average net revenue interest of approximately 26%, and the field is operated by Denbury Onshore LLC, a subsidiary of Exxon Mobil Corporation. Our non-operated working interests in TexMex consist of oil and natural gas producing properties where we hold an approximate 42% net working interest and 35% average net revenue interest located primarily in Lea, Eddy and Chaves Counties, New Mexico and Stephens County, Texas, and those properties are operated by Texian Operating Company. Our non-operated interests in the Chaveroo Field consist of a 50% net working interest, with an average associated 41% revenue interest, and the field is operated by PEDEVCO Corp. Our non-operated interests in the Jonah Field, a natural gas and NGL property in Sublette County, Wyoming, consist of approximately 20% average net working interest and approximately 15% average net revenue interest, and the properties are operated by Jonah Energy. Because we rely on third-party operators for the timing and manner of development, capital spending and production decisions on these properties, our results and cash flows could be adversely affected by decisions, operational problems or financial difficulties of those operators that are outside of our control.
Our recent financial results reflect the effect of these risks and of volatility in commodity markets and derivative positions. For the period ended March 31, 2026, we reported revenue of $20,168,000 and a net loss of $8,932,000. Revenue of $20,168,000 declined 10.6% from $22,561,000 in the prior period, and we recognized a loss on derivative contracts of $9,869,000 compared with a loss of $3,802,000 in the prior period, an increase of 159.6%. Interest expense increased 36.2% to $960,000 from $705,000, and depreciation, depletion and amortization increased 5.6% to $5,294,000. Our cash and cash equivalents declined 53.3% to $2,616,000 from $5,601,000, and retained earnings declined 78.8% to $5,473,000 from $25,840,000. If commodity prices, production volumes or the fair value of our derivative contracts continue to move unfavorably, we may incur additional losses, which could further reduce our liquidity and constrain our ability to fund capital programs, service obligations and return capital to shareholders.
Our balance sheet also exposes us to leverage and long-term obligation risk. Total liabilities were $111,352,000 and total equity was $58,408,000 as of the end of the period, and asset retirement obligations increased 11.3% to $22,700,000 from $20,398,000. Other liabilities increased 61.9% to $65,752,000 from $40,606,000, while accounts payable increased 5.1% to $12,588,000. Increases in the estimated cost or acceleration of the timing of plugging, abandonment and site restoration on our properties could require cash outlays in excess of amounts currently accrued. Our primary market risk exposure is interest rate risk on cash, cash equivalents, and short-term investments, and we do not have material foreign currency or commodity price exposure. We are involved in legal proceedings arising in the ordinary course of business from time to time, and management does not currently believe any pending matter is material to the financial statements. Management evaluated disclosure controls and procedures as of the end of the period and concluded they were effective at the reasonable assurance level, and no changes materially affected internal control over financial reporting during the quarter. There have been no material changes to the risk factors previously disclosed in our Annual Report on Form 10-K for the fiscal year ended [COMPLETE: fiscal year end date], other than as described above, and the risks described in that report remain applicable to our business.
This Item 5 presents other information for Evolution Petroleum Corp for the quarterly period ended March 31, 2026.
The following disclosure is provided pursuant to Item 408(a) of Regulation S-K with respect to Rule 10b5-1 trading arrangements of our directors and officers during the quarter. [COMPLETE: Rule 10b5-1 trading arrangement adoptions and terminations from the D&O questionnaires]