EPM

In the past six months, EPM stock experienced downward pressure in August 2026 following a public offering of 4.3 million shares at $3.25 to fund the acquisition of Permian Midland Basin mineral and royalty interests, which added approximately 3,420 net royalty acres and over 200 BOEPD. The company reported strong fiscal fourth-quarter and full fiscal year results on September 15, 2026, with Q4 revenues increasing 15% year-over-year to $24.21 million due to a rebound in average daily production to 6,901 BOEPD and stronger realized prices. Net income for the quarter was $4.6 million, or $0.13 per diluted share, a significant improvement from a prior quarter loss, partly due to a $5.8 million unrealized gain on derivative contracts. Despite positive quarterly results, the stock decreased by approximately 29.45% from September 10, 2025, to September 9, 2026, though it increased by 3.4% from $3.54 at the beginning of 2026 to $3.66 as of September 22, 2026.