Investor Presentaiton
NYSE American: EPM
Q2 FY2023 Highlights
Recorded revenue of $33.7 MM and net income of
$10.4 MM, or $0.31 per diluted share
✓ Generated Adjusted EBITDA1 of $16.4 MM during
current quarter with YTD FY23 Adjusted EBITDA¹
growing 79% year over year
✓ YTD fiscal 2023 daily production was 7,418 BOEPD,
an 37% increase year over year
Paid a dividend of $0.12 per share, a 60% increase
over FY22 Q2 and announced a $0.12 per share
dividend for FY23 Q3
Eliminated all debt in the second quarter through
repayment of $12.3 MM outstanding borrowings;
$21.3 MM in total debt payments YTD FY23
✓ $50 million availability under the senior secured
credit facility
Notes:
Continued to fund all operations, development
capital expenditures, and dividends out of
operating cash flow
1. See Non-GAAP Reconciliation disclosure on slide 2 and Non-GAAP Reconciliation table on slide 26.
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