Investor Presentaiton
$/BOE
I
Adding Significant Scale with Conservative Leverage & without Diluting Shareholders
Evolution's Growth Story
0.065
Average Daily Production (BOEPD)
10,000
Jonah Field
9,000
Williston
I Barnett Shale
I
8,000
| Hamilton Dome
Giddings
7,000
| Delhi
Total Production / Shares Outstanding
6,000
|
BOEPD
5,000
4,000
0.026
0.023
0.022
0.023
3,000
2,000
2,430
2,042
2,025
2,035
1,000
0
FY18
FY19
FY20
FY21
$30.00
CO2 Expenses
Other LOE
$25.00
(2)
Cash G&A
$20.00
$7.25
$15.00
Lease Operating Expenses & Cash G&A)
0.090
0.080
0.080
0.070
7,418
0.060
0.050
5,953
0.040
0.030
0.020
0.010
BOE/Shares Outstanding
$MM
Adjusted EBITDA(1) ($MM)
Adjusted EBITDA
Adj EBITDA" Shares Outstanding
$0.787
$0.718
$26.1
$0.390
$23.8
$0.242
$12.9
$8.1
FY21
0.000
FY22
FY '23A
FY18
FY19
FY20
(2)
$3.19
$3.09
$5.66
$6.20
$5.34
$10.27
$21.95
$18.84
$9.33
$13.43
$15.25
$10.00
$5.00
$9.03
$6.35
$4.70
$3.45
$3.55
$3.08
$0.00
FY18
FY19
FY20
FY21
FY22
FYTD '23
$22.93
$24.96
$23.47
$24.90
$25.48
$28.22
Notes:
15
I 1.
See Non-GAAP Reconciliation disclosure on slide 2 and Non-GAAP Reconciliation table on slide 26.
I 2 Cash G&A excludes stock-based compensation.
Total Debt/ Adjusted EBITDA
FY22
$1.979
$1.577
$66.9
$52.8
Total Debt/Adjusted EBITDA (1) & Shares Outstanding
FY '23
Annualized
Total Debt / Adj EBITDA
Shares Outstanding
33.1
33.2
33.0
33.5
33.5
33.8
0.4x
0.0x
0.0x
0.0x
0.0x
0.0x
FY18
FY19
FY20
FY21
FY22
FY '23A
Shares Outstanding (MM)
$/Share
AEVOLUTION
Petroleum CorporationView entire presentation