Evolution Petroleum vs Encore Energy
Evolution Petroleum is the larger business, with $86.3m of revenue in fiscal 2026 against $43.2m for Encore Energy (2.0 times as much). Evolution Petroleum grew faster (0.6% against -26.0%). Evolution Petroleum kept more of each dollar of sales as profit: a net margin of -2.8% against -131.7%. Encore Energy carries less debt relative to equity (48.0% against 93.5%).
| Latest fiscal year | Evolution PetroleumEPM, 2026 | Encore EnergyEU, 2025 |
|---|---|---|
| Revenue | $86.3m | $43.2m |
| Revenue growth | 0.6% | -26.0% |
| Net income | −$2.4m | −$56.9m |
| Operating margin | 4.0% | -152.4% |
| Net margin | -2.8% | -131.7% |
| Return on equity | -3.7% | -22.1% |
| Free cash flow | $530,000 | −$45.0m |
| Cash | $6.1m | $52.4m |
| Total debt | $56.5m | $110m |
| Debt to equity | 93.5% | 48.0% |
| Dividend per share | — | — |
| Dividend yield | 13.1% | — |
| Share buybacks | $225,000 | — |
| Employees | — | — |
| Market value | $131m | $132m |
| Price vs our value range | Within our value range | — |
| Moat score | 65 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 13 buys, 10 sales |