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10-Q Filing

EVOLUTION PETROLEUM CORP CIK: 1006655 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001104659-11-062626
Period End Date 20110930
Filing Date 20111109
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance epm-20110930.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 line items
Line Item Tag Value Unit Period
Oil and natural gas properties, excluded from amortization (in dollars) OilAndNaturalGasPropertiesExcludedFromAmortization $2.17M USD Point-in-time
Oil and natural gas properties, excluded from amortization (in dollars) OilAndNaturalGasPropertiesExcludedFromAmortization $2.94M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.14M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.61M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.25M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.50M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Certificates of deposit CertificatesOfDepositAtCarryingValue $250.00K USD Point-in-time
Certificates of deposit CertificatesOfDepositAtCarryingValue $250.00K USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Restricted cash from joint interest partner RestrictedCashFromJointInterestPartnerCurrent $127.47K USD Point-in-time
Restricted cash from joint interest partner RestrictedCashFromJointInterestPartnerCurrent $118.19K USD Point-in-time
Oil and natural gas sales OilAndNaturalGasSalesReceivablesCurrent $1.45M USD Point-in-time
Oil and natural gas sales OilAndNaturalGasSalesReceivablesCurrent $1.56M USD Point-in-time
Joint interest partner OilAndGasJointInterestBillingReceivablesCurrent $86.11K USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Joint interest partner OilAndGasJointInterestBillingReceivablesCurrent $358.25K USD Point-in-time
Income taxes IncomeTaxesReceivableCurrent $28.68K USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Other OtherReceivablesNetCurrent $167.00 USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 28.57M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 28.57M shares Point-in-time
Other OtherReceivablesNetCurrent $169.00 USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 27.61M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $367.68K USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $284.32K USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 27.78M shares Point-in-time
Total current assets AssetsCurrent $6.57M USD Point-in-time
Treasury stock, shares TreasuryStockShares 788,200.00 shares Point-in-time
Treasury stock, shares TreasuryStockShares 788,200.00 shares Point-in-time
Total current assets AssetsCurrent $14.17M USD Point-in-time
Oil and natural gas properties - full-cost method of accounting, of which $2,167,513 and $2,940,199 at September 30, 2011 and June 30, 2011, respectively, were excluded from amortization. OilAndGasPropertyFullCostMethodNet $33.45M USD Point-in-time
Oil and natural gas properties - full-cost method of accounting, of which $2,167,513 and $2,940,199 at September 30, 2011 and June 30, 2011, respectively, were excluded from amortization. OilAndGasPropertyFullCostMethodNet $33.57M USD Point-in-time
Other property and equipment PropertyPlantAndEquipmentOther $69.26K USD Point-in-time
Other property and equipment PropertyPlantAndEquipmentOther $61.43K USD Point-in-time
Total property and equipment TotalOilAndGasProperties $33.52M USD Point-in-time
Total property and equipment TotalOilAndGasProperties $33.64M USD Point-in-time
Other assets OtherAssetsNoncurrent $91.06K USD Point-in-time
Other assets OtherAssetsNoncurrent $77.29K USD Point-in-time
Total assets Assets $47.90M USD Point-in-time
Total assets Assets $40.17M USD Point-in-time
Accounts payable AccountsPayableCurrent $514.18K USD Point-in-time
Accounts payable AccountsPayableCurrent $668.80K USD Point-in-time
Joint interest advances JointInterestAdvancesCurrent $105.57K USD Point-in-time
Joint interest advances JointInterestAdvancesCurrent $91.32K USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $180.00K USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $682.85K USD Point-in-time
Royalties payable AccruedRoyaltiesCurrent $354.90K USD Point-in-time
Royalties payable AccruedRoyaltiesCurrent $742.65K USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $298.59K USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $442.84K USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $84.56K USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $277.54K USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.02M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.43M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $3.99M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $3.33M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $858.85K USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $859.59K USD Point-in-time
Deferred rent DeferredRentCreditNoncurrent $85.41K USD Point-in-time
Deferred rent DeferredRentCreditNoncurrent $82.87K USD Point-in-time
Total liabilities Liabilities $6.70M USD Point-in-time
Total liabilities Liabilities $6.95M USD Point-in-time
Commitments and contingencies (Note 9) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 9) CommitmentsAndContingencies - USD Point-in-time
Common stock; par value $0.001; 100,000,000 shares authorized: Issued 28,570,918 shares; outstanding 27,782,718 shares and 27,612,916 shares as of September 30, 2011 and June 30, 2011, respectively. CommonStockValue $28.40K USD Point-in-time
Common stock; par value $0.001; 100,000,000 shares authorized: Issued 28,570,918 shares; outstanding 27,782,718 shares and 27,612,916 shares as of September 30, 2011 and June 30, 2011, respectively. CommonStockValue $28.57K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $27.23M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $20.76M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $14.57M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $13.56M USD Point-in-time
Stockholders equity before treasury stock StockholdersEquityBeforeTreasuryStock $41.83M USD Point-in-time
Stockholders equity before treasury stock StockholdersEquityBeforeTreasuryStock $34.35M USD Point-in-time
Treasury stock, at cost, 788,200 shares as of September 30, 2011 and June 30, 2011. TreasuryStockValue $882.02K USD Point-in-time
Treasury stock, at cost, 788,200 shares as of September 30, 2011 and June 30, 2011. TreasuryStockValue $882.02K USD Point-in-time
Total stockholders' equity StockholdersEquity $33.46M USD Point-in-time
Total stockholders' equity StockholdersEquity $40.95M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $40.17M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $47.90M USD Point-in-time
Income Statement 43 line items
Line Item Tag Value Unit Period
General and administrative expenses, non-cash stock-based compensation expense ShareBasedCompensation $416.69K USD 1 Quarter
General and administrative expenses, non-cash stock-based compensation expense ShareBasedCompensation $354.49K USD 1 Quarter
Crude oil RevenueFromCrudeOil $648.22K USD 1 Quarter
Crude oil RevenueFromCrudeOil $3.45M USD 1 Quarter
Natural gas liquids RevenueFromNaturalGasLiquids $188.46K USD 1 Quarter
Natural gas liquids RevenueFromNaturalGasLiquids $209.92K USD 1 Quarter
Natural gas NaturalGasProductionRevenue $247.81K USD 1 Quarter
Natural gas NaturalGasProductionRevenue $310.96K USD 1 Quarter
Total revenues SalesRevenueNet $3.88M USD 1 Quarter
Total revenues SalesRevenueNet $1.17M USD 1 Quarter
Lease operating expenses LeaseOperatingExpense $202.92K USD 1 Quarter
Lease operating expenses LeaseOperatingExpense $354.58K USD 1 Quarter
Production taxes ProductionTaxExpense $14.70K USD 1 Quarter
Production taxes ProductionTaxExpense $14.04K USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $124.02K USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $236.89K USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $16.97K USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $16.32K USD 1 Quarter
General and administrative expenses GeneralAdministrativeIncludingNoncashStockBasedCompensation $1.31M USD 1 Quarter
General and administrative expenses GeneralAdministrativeIncludingNoncashStockBasedCompensation $1.41M USD 1 Quarter
Total operating costs OperatingExpenses $1.82M USD 1 Quarter
Total operating costs OperatingExpenses $1.88M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-648.09K USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $2.01M USD 1 Quarter
Interest income InvestmentIncomeInterest $7.77K USD 1 Quarter
Interest income InvestmentIncomeInterest $7.25K USD 1 Quarter
Net income (loss) before income tax benefit IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-640.32K USD 1 Quarter
Net income (loss) before income tax benefit IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.02M USD 1 Quarter
Income tax (provision) benefit IncomeTaxExpenseBenefit $872.59K USD 1 Quarter
Income tax (provision) benefit IncomeTaxExpenseBenefit $-154.99K USD 1 Quarter
Net Income (loss) attributable to the Company NetIncomeLoss $1.14M USD 1 Quarter
Net Income (loss) attributable to the Company NetIncomeLoss $-485.33K USD 1 Quarter
Dividends on Preferred Stock PreferredStockDividendsIncomeStatementImpact $127.83K USD 1 Quarter
Earnings (loss) attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.02M USD 1 Quarter
Earnings (loss) attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-485.33K USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.04 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.02 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.03 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.02 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 27.16M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 27.67M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 31.28M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.16M shares 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net Income (loss) attributable to the Company NetIncomeLoss $1.14M USD 1 Quarter
Net Income (loss) attributable to the Company NetIncomeLoss $-485.33K USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $124.02K USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $236.89K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $416.69K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $354.49K USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $16.97K USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $16.32K USD 1 Quarter
Payments on asset retirement obligations PaymentsOnAssetRetirementObligations $30.97K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-161.99K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $659.77K USD 1 Quarter
Accrued compensation PensionAndOtherPostretirementBenefitExpense $-180.00K USD 1 Quarter
Accrued compensation PensionAndOtherPostretirementBenefitExpense $157.50K USD 1 Quarter
Deferred rent DeferredRentExpenses $944.00 USD 1 Quarter
Deferred rent DeferredRentExpenses $-2.54K USD 1 Quarter
Other OtherNoncashIncomeExpense $-32.08K USD 1 Quarter
Receivables from oil and natural gas sales IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales $-106.42K USD 1 Quarter
Receivables from oil and natural gas sales IncreaseDecreaseInReceivablesFromOilAndNaturalGasSales $-110.35K USD 1 Quarter
Receivables from income taxes and other IncreaseDecreaseInIncomeTaxesReceivable $-84.81K USD 1 Quarter
Receivables from income taxes and other IncreaseDecreaseInIncomeTaxesReceivable $-28.68K USD 1 Quarter
Due from joint interest partner IncreaseDecreaseInAmountDueFromJointInterestPartner $25.96K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $83.36K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-28.23K USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-78.65K USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-108.33K USD 1 Quarter
Royalties payable IncreaseDecreaseInRoyaltiesPayable $-387.75K USD 1 Quarter
Royalties payable IncreaseDecreaseInRoyaltiesPayable $-17.99K USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedTaxesPayable $144.25K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $164.77K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $1.93M USD 1 Quarter
Development of oil and natural gas properties PaymentForDevelopmentOfOilAndGasProperties $431.49K USD 1 Quarter
Development of oil and natural gas properties PaymentForDevelopmentOfOilAndGasProperties $311.74K USD 1 Quarter
Acquisitions of oil and natural gas properties PaymentForAcquisitionOfOilAndGasProperties $167.96K USD 1 Quarter
Acquisitions of oil and natural gas properties PaymentForAcquisitionOfOilAndGasProperties $485.60K USD 1 Quarter
Maturities of certificates of deposit ProceedsFromMaturitiesOfCertificatesOfDeposit $1.10M USD 1 Quarter
Other assets PaymentsForProceedsFromOtherInvestingActivities $13.77K USD 1 Quarter
Other assets PaymentsForProceedsFromOtherInvestingActivities $6.53K USD 1 Quarter
Net cash provided (used) in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-493.47K USD 1 Quarter
Net cash provided (used) in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $176.38K USD 1 Quarter
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $16.02K USD 1 Quarter
Proceeds from issuances of preferred stock, net ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $6.05M USD 1 Quarter
Preferred stock dividends paid PaymentsOfDividendsPreferredStockAndPreferenceStock $127.83K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $16.02K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $5.93M USD 1 Quarter
Net increase in cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $7.37M USD 1 Quarter
Net increase in cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $357.16K USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $3.14M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $11.61M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $4.25M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $3.50M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $3.14M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $11.61M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $4.25M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $3.50M USD Point-in-time
Income taxes paid IncomeTaxesPaid $7.00K USD 1 Quarter
Assignment of oil and gas leases recognized in other receivables AssignmentOfOilAndGasLeasesRecognizedInOtherReceivables $231.33K USD 1 Quarter
Decrease in accounts payable used to acquire oil and natural gas leasehold interests and develop oil and natural gas properties: DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties $-752.00 USD 1 Quarter
Decrease in accounts payable used to acquire oil and natural gas leasehold interests and develop oil and natural gas properties: DecreaseInAccountsPayableUsedToAcquireOilAndNaturalGasLeaseHoldInterestsAndDevelopOilAndNaturalGasProperties $-136.61K USD 1 Quarter
Increase in accounts payable related to joint venture activities: IncreaseInAccountsPayableRelatedToJointVentureActivities $225.44K USD 1 Quarter
Oil and natural gas properties incurred through recognition of asset retirement obligations: OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations $-30.97K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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