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Evolution Petroleum: Capable Of Maintaining Its Dividend During FY 2027
Source: seekingalpha.com
M&A & RestructuringCompany Fundamentals
Evolution acquired Midland Basin mineral and royalty interests, funded with $3.2 million in borrowings and 4.3 million common shares. The assets are expected to generate around 20% of Evolution’s asset-level free cash flow going forward.
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