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  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001085146-24-004026</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001425949</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>COM</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001006655</issuerCik>
        <issuerName>EVOLUTION PETROLEUM CORP</issuerName>
        <issuerCusip>30049A107</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>1155 DAIRY ASHFORD ROAD</ns1:street1>
          <ns1:street2>SUITE 425</ns1:street2>
          <ns1:city>HOUSTON</ns1:city>
          <ns1:stateOrCountry>TX</ns1:stateOrCountry>
          <ns1:zipCode>77079</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>WealthTrust Axiom LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>PA</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>1950728273</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1950728273</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.62</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>EVOLUTION PETROLEUM CORP</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1155 DAIRY ASHFORD ROAD, SUITE 425, HOUSTON, TEXAS
77079</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>WealthTrust Axiom LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>550 E Swedesford Road
Suite 110
Wayne, Pennsylvania
19087</principalBusinessOfficeOrResidenceAddress>
        <citizenship>WealthTrust Axiom LLC - PENNSYLVANIA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,950,728,273</amountBeneficiallyOwned>
        <classPercent>5.62</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>WealthTrust Axiom LLC - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>WealthTrust Axiom LLC - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>WealthTrust Axiom LLC - 1,950,728,273</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>WealthTrust Axiom LLC - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>WealthTrust Axiom LLC</reportingPersonName>
      <signatureDetails>
        <signature>David J Webster</signature>
        <title>CCO</title>
        <date>01/02/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
