Vikas Petroleum (NYSE:EPM) is because of announce FQ4 earnings outcomes on Tuesday, September 13, after the market closes.
Consensus has an EPS estimate of $0.41 and Consensus earnings estimates of $38.18M (+178.7% Y/Y).
Will the EPM beat the consensus Amidst the fluctuating crude oil costs (cl1:com,
A take a look at crude oil costs over the past six months:
Within the final 3 months, the EPS estimates have seen 1 upward revision and 0 downward revision. The income estimates have seen 1 upward revision and 0 downward revision.
In response to In search of Alpha Creator Energy Hedge, the corporate buys productive property from different corporations as an alternative of creating itself, which is a really worthwhile enterprise mannequin as a result of it permits the corporate to keep away from the excessive value of improvement.
In the meantime, creator Lengthy Participant mentioned the Danbury monetary points and their repercussions are finally firmly prior to now for Evolution Petroleum. The debt ratio of the corporate will stay beneath 1.
The authors of In search of Alpha give the shares a median purchase ranking. Promote analysts additionally gave the shares a purchase ranking with a median value goal of $9.05.
The Quant Score System offers a powerful purchase ranking to the shares.