EMPIRE PETROLEUM CORPORATION financials
Source: EDGAR filings · Built 2026-06-02T02:55:06Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EBITDA | -60.72M | -4.41M | -8.53M | 10.73M | 2.03M | -14.44M |
| Working Capital | -16.16M | -8.92M | -6.30M | 5.11M | 1.06M | -3.85M |
| Net Debt | 132.00K | 10.03M | -681.48K | -2.61M | 4.13M | 15.37M |
| Operating Margin | -208.51% | -31.31% | -29.01% | 16.61% | -1.75% | -227.53% |
| Net Margin | -210.72% | -37.11% | -31.11% | 13.39% | -68.71% | -217.85% |
| Return on Equity (ROE) | 1564.79% | -25.81% | -35.67% | 30.49% | -189.29% | 91.29% |
| Return on Assets (ROA) | -109.41% | -13.08% | -13.46% | 9.90% | -37.16% | -149.65% |
| Current Ratio | 0.34× | 0.58× | 0.75× | 1.29× | 1.09× | 0.37× |
| Debt-to-Equity | -0.29× | 0.20× | 0.20× | 0.40× | 0.79× | -0.84× |
| Effective Tax Rate | — | — | 1.05% | 2.86% | — | — |
| Cash Conversion Ratio | 0.05× | -0.38× | 0.79× | 2.55× | -0.17× | 0.10× |
| Accruals Ratio | -1.03× | -0.18× | -0.03× | -0.15× | -0.43× | -1.34× |
| SBC % of Revenue | 4.16% | 4.94% | 7.85% | — | — | 25.23% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 41.00× | — | — |
| EV / EBITDA | — | — | — | 25.08× | 31.55× | — |
| P/S | 3.10× | 5.86× | 6.99× | 5.14× | 2.21× | 0.31× |
| P/B | — | 4.08× | 8.02× | 11.70× | 6.09× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 34.20M | 43.65M | 40.08M | 52.89M | 27.09M | 7.73M |
| Operating Expenses | 105.52M | 57.32M | 51.70M | 44.10M | 27.57M | 25.31M |
| Operating Income (Loss) | -71.31M | -13.67M | -11.63M | 8.78M | -473.37K | -17.58M |
| Income Tax Expense (Benefit) | — | — | -132.19K | 208.90K | — | — |
| Net Income (Loss) Attributable to Parent | -72.07M | -16.20M | -12.47M | 7.08M | -18.61M | -16.84M |
| Earnings Per Share, Basic | $-2.12 | $-0.54 | $-0.55 | $0.34 | $-1.27 | — |
| Weighted Average Number of Shares Outstanding, Basic | 34.06M | 30.06B | 22.72B | 21.00B | 14.63B | — |
| Earnings Per Share, Diluted | $-2.12 | $-0.54 | $-0.55 | $0.30 | $-1.27 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 34.06M | 30.06B | 22.72B | 23.39B | 14.63B | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.19M | 2.25M | 7.79M | 11.94M | 3.61M | 157.69K |
| Assets, Current | 8.18M | 12.35M | 18.74M | 22.73M | 13.12M | 2.22M |
| Assets | 65.87M | 123.87M | 92.62M | 71.55M | 50.09M | 11.25M |
| Long-term Debt | — | 11.34M | 4.60M | 4.06M | — | — |
| Liabilities, Current | 24.34M | 21.27M | 25.05M | 17.62M | 12.05M | 6.07M |
| Liabilities | 70.48M | 61.10M | 57.66M | 48.31M | 40.26M | 29.69M |
| Stockholders' Equity Attributable to Parent | -4.61M | 62.77M | 34.96M | 23.24M | 9.83M | -18.44M |
| Common Stock, Shares, Outstanding | 34.86M | 33.67M | 25.50M | 22.09M | 19.84M | 6.22M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -3.95M | 6.16M | -9.89M | 18.06M | 3.17M | -1.72M |
| Net Cash Provided by (Used in) Investing Activities | -4.61M | -53.87M | -14.77M | -11.41M | -24.72M | 856.29K |
| Net Cash Provided by (Used in) Financing Activities | 7.50M | 42.17M | 20.50M | 1.69M | 25.00M | 1.02M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | -4.16M | -55.91M | -755.00K | — | -1.73M | -1.43M |
| Working Capital | -11.96M | -16.16M | -8.63M | -11.65M | -12.45M | -8.92M |
| Net Debt | -7.42M | 132.00K | 11.00M | 15.50M | 11.96M | 10.03M |
| Operating Margin | -109.37% | -834.50% | -37.80% | -56.01% | -43.95% | -38.91% |
| Net Margin | -130.16% | -835.15% | -40.95% | -57.76% | -46.89% | -41.56% |
| Return on Equity (ROE) | -180.05% | 1279.92% | -7.16% | -9.28% | -7.15% | -6.68% |
| Return on Assets (ROA) | -8.52% | -89.49% | -3.13% | -4.06% | -3.41% | -3.39% |
| Current Ratio | 0.59× | 0.34× | 0.63× | 0.55× | 0.48× | 0.58× |
| Debt-to-Equity | 0.37× | -0.29× | 0.29× | 0.33× | 0.22× | 0.20× |
| Cash Conversion Ratio | 0.15× | 0.05× | 0.31× | 0.30× | -0.38× | 2.09× |
| Accruals Ratio | -0.07× | -0.85× | -0.02× | -0.03× | -0.05× | 0.04× |
| SBC % of Revenue | 3.70% | 2.38% | 13.37% | 11.62% | 5.90% | 5.14% |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 5.10M | 7.06M | 9.39M | 8.75M | 9.00M | 10.09M |
| Operating Expenses | 10.68M | 65.97M | 12.94M | 13.66M | 12.96M | 14.01M |
| Operating Income (Loss) | -5.58M | -58.91M | -3.55M | -4.90M | -3.96M | -3.92M |
| Net Income (Loss) Attributable to Parent | -6.64M | -58.95M | -3.84M | -5.06M | -4.22M | -4.19M |
| Earnings Per Share, Basic | $-0.18 | $-1.73 | $-0.11 | $-0.15 | $-0.12 | $-0.13 |
| Weighted Average Number of Shares Outstanding, Basic | 36.00M | 34.06M | 34.04M | 33.85B | 33.82B | 30.06B |
| Earnings Per Share, Diluted | $-0.18 | $-1.73 | $-0.11 | $-0.15 | $-0.12 | $-0.13 |
| Weighted Average Number of Shares Outstanding, Diluted | 36.00M | 34.06M | 34.04M | 33.85B | 33.82B | 30.06B |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 8.79M | 1.19M | 4.60M | 2.29M | 1.08M | 2.25M |
| Assets, Current | 17.30M | 8.18M | 14.69M | 14.52M | 11.57M | 12.35M |
| Assets | 78.00M | 65.87M | 122.99M | 124.66M | 123.68M | 123.87M |
| Long-term Debt | — | — | 15.21M | 14.63M | 11.56M | 11.34M |
| Liabilities, Current | 29.27M | 24.34M | 23.31M | 26.17M | 24.01M | 21.27M |
| Liabilities | 74.31M | 70.48M | 69.33M | 70.15M | 64.61M | 61.10M |
| Stockholders' Equity Attributable to Parent | 3.69M | -4.61M | 53.66M | 54.51M | 59.08M | 62.77M |
| Common Stock, Shares, Outstanding | 39.78M | 34.86M | 34.27M | 33.76M | 33.71M | 33.67M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -970.00K | -2.75M | -1.20M | -1.52M | 1.61M | -8.76M |
| Net Cash Provided by (Used in) Investing Activities | -1.29M | -1.23M | -3.38M | -3.21M | -2.76M | -4.60M |
| Net Cash Provided by (Used in) Financing Activities | 9.86M | 568.00K | 6.93M | 4.78M | -21.00K | 12.46M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (EP CIK 0000887396),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.