Evolution Petroleum Corporation EPM

Competitive advantage analysis · energy

Corporate Default
Overall moat score
26/100
Developing

About Evolution Petroleum Corporation

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, exploitation, and investment of onshore oil and gas properties in the United States. The company was founded in 2003 and is based in Houston, Texas. Full EPM analysis →

Competitive advantage assessment

Key risks

  • Commodity Pressure / Weak Differentiation Gross margin at 9.9th percentile with high volatility suggests weak pricing power or commoditized products.
  • ROIC Below WACC or Peers ROIC at 32.1th percentile suggests inefficient capital deployment.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
26

Where EPM ranks in Oil & Gas E&P

Evolution Petroleum Corporation ranks #74 of 93 scored companies in Oil & Gas E&P by moat score — the top 80%. The widest moat in the group is Texas Pacific Land Corporation (TPL) at 84/100.

Moat scores for companies ranked near EPM in Oil & Gas E&P
# Company Moat score Rating
70 TXO Partners, L.P. TXO 29/100 Developing
71 Ring Energy, Inc. REI 29/100 Developing
72 Battalion Oil Corporation BATL 28/100 Developing
73 Epsilon Energy Ltd. EPSN 27/100 Developing
74 Evolution Petroleum Corporation EPM 26/100 Developing
75 W&T Offshore, Inc. WTI 24/100 Weak
76 Barnwell Industries, Inc. BRN 23/100 Weak
77 Tamboran Resources Corporation TBN 23/100 Weak
78 Kosmos Energy Ltd. KOS 20/100 Weak

See every Commodities & Mining company ranked by moat score →

How EPM scores on the Corporate Default defenses

Pricing Power

Score 26 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 33 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 22 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 24 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 33 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 20 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding EPM's moat

What is Evolution Petroleum Corporation's moat score?

Evolution Petroleum Corporation (EPM) scores 26 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #74 of 93 scored companies in Oil & Gas E&P, the top 80%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 92 companies in Oil & Gas E&P. Its strongest defense is Cost Advantage (33/100) and its weakest is Scale & Market Position (20/100).

How does Evolution Petroleum Corporation compare with other Oil & Gas E&P companies?

Evolution Petroleum Corporation ranks #74 of 93 scored companies in Oil & Gas E&P by moat score. The widest moat in Oil & Gas E&P is Texas Pacific Land Corporation (TPL) at 84/100. The companies ranked closest are Epsilon Energy Ltd. (EPSN) at 27 just above it and W&T Offshore, Inc. (WTI) at 24 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 92 companies in Oil & Gas E&P. The defenses are then weighted to produce the overall score out of 100.

Why is Evolution Petroleum Corporation scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Evolution Petroleum Corporation?

The Corporate Default template measures 6 defenses, and EPM scores: Pricing Power (26), Cost Advantage (33), Customer Stickiness (22), Capital Efficiency (24), Resilience (33), Scale & Market Position (20). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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