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Evolution Petroleum Corporation, Inc. (EPM) [hlAlert]

Rating:
Buy EPM
up 31.53 %

Evolution Petroleum Corporation, Inc. (EPM) rated Buy with price target $7 by Wunderlich

Posted on: Wednesday,  Sep 8, 2010  8:25 AM ET by Wunderlich

Wunderlich rated Buy Evolution Petroleum Corporation, Inc. (AMEX: EPM) on 09/08/2010. Previously Wunderlich rated Buy Evolution Petroleum Corporation, Inc. (AMEX: EPM) on
11/13/2009., when the stock price was $3.90. Since then, Evolution Petroleum Corporation, Inc. has gained 31.54% as of 08/27/2015's recent price of $5.13.
If you would have followed the previous Wunderlich's recommendation on EPM, you would have gained 31.53% of your investment in 2113 days.

Evolution Petroleum Corporation (EPM) is a petroleum company engaged in the acquisition, exploitation and development of properties for the production of crude oil and natural gas. It acquires known, underdeveloped oil and natural gas resources and exploits them through the application of capital and technology to improve production, ultimate recoveries, or both. At June 30, 2009, the Company?s developed acreage totaled 4,299 net acres in the Giddings Field, consisting of a 100% working interest in ten producing wells. As of June 30, 2009, EPM held approximately 55,952 gross and 37,340 net undeveloped acres in the Gulf Coast and Mid-Continent regions of the United States. On May 5, 2009, a subsidiary of Denbury Resources Inc. (the operator) completed and tested the 78 mile Delta Pipeline from Tinsley Field to the Delhi Field.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/8/2010 8:25 AM Buy
None
5.01 7.00
as of 12/31/2010
1 Week up  8.68 %
1 Month up  14.09 %
3 Months up  14.47 %
1 YTD up  57.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2009 8:25 AM Buy
None
3.90 10.00
12/11/2008 8:25 AM Hold
None
1.14

(*) Stock Price at the time of the recommendation.
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