Evolution Petroleum vs Pedevco
Evolution Petroleum is the larger business, with $86.3m of revenue in fiscal 2026 against $45.8m for Pedevco (1.9 times as much). Pedevco grew faster (15.7% against 0.6%). Evolution Petroleum kept more of each dollar of sales as profit: a net margin of -2.8% against -22.6%.
| Latest fiscal year | Evolution PetroleumEPM, 2026 | PedevcoPED, 2025 |
|---|---|---|
| Revenue | $86.3m | $45.8m |
| Revenue growth | 0.6% | 15.7% |
| Net income | −$2.4m | −$10.4m |
| Operating margin | 4.0% | — |
| Net margin | -2.8% | -22.6% |
| Return on equity | -3.7% | -6.4% |
| Free cash flow | $530,000 | $10.8m |
| Cash | $6.1m | $3.2m |
| Total debt | $56.5m | $0 |
| Debt to equity | 93.5% | — |
| Dividend per share | — | — |
| Dividend yield | 13.1% | — |
| Share buybacks | $225,000 | — |
| Employees | — | — |
| Market value | $131m | $206m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 65 (Moderate) | 34 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 3 buys, 8 sales |