EP · Empire Petroleum Corp
The latest filing states the doubt was alleviated.
“Given the negative working capital and insufficient expected operating cash flow there is substantial doubt about the Company's ability to continue as a going concern. Management believes that its plans, and support from the existing related-party stockholders discussed above, is probable and has alleviated the substantial doubt regarding Empire's ability to continue as a going concern.”View the 10-Q filed May 14, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $30.3M | $34.2M | $43.65M | $40.08M | $52.89M | $27.9M | $7.73M | $5.86M | $465.46K | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | -$3239 | |
| $12.76M | $13.42M | $14.74M | $15.18M | $12.33M | $8.46M | $7.37M | $3.63M | $1.23M | $757.07K | $196.6K | $165.65K | $154.33K | $191.07K | $222.13K | |
| $9.79M | $10.6M | $9.26M | $3.1M | $1.95M | $2.5M | $3.12M | $3.35M | $15.53K | — | — | — | — | — | — | |
| $103.24M | $105.52M | $57.32M | $51.7M | $44.1M | $28.38M | $25.31M | $12.01M | $1.38M | $757.07K | $378.08K | $174.92K | $221.96K | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | $244.19K | |
| -$72.94M | -$71.32M | -$13.67M | -$11.63M | $8.78M | -$473.37K | -$17.58M | -$6.15M | -$915.95K | -$757.07K | -$378.08K | -$174.92K | -$221.96K | -$227.82K | -$244.19K | |
| — | -208.51% | -31.31% | -29.01% | 16.61% | -1.7% | -227.53% | -104.98% | -196.79% | — | — | — | — | — | — | |
| -$63.15M | -$60.72M | -$4.41M | -$8.53M | $10.73M | $2.03M | -$14.46M | -$2.8M | -$900.42K | — | — | — | — | — | — | |
| — | $1.55M | — | — | — | — | — | -$503.61K | $101.18K | $73K | $3837 | $0 | $3151 | $0 | — | |
| $835K | $788K | -$1.52M | -$1M | -$509.54K | -$8.6M | -$521.19K | — | — | -$73K | -$3837 | $0 | -$14.62K | $0 | — | |
| -$74.5M | -$72.07M | -$16.2M | -$12.6M | $7.29M | — | — | — | — | — | — | — | — | — | — | |
| — | — | -$132.19K | -$132.19K | $208.9K | — | — | — | — | — | — | — | — | — | — | |
| -$74.5M | -$72.07M | -$16.2M | -$12.47M | $7.08M | -$18.61M | -$16.84M | -$6.65M | -$1.02M | -$830.07K | -$381.92K | -$174.92K | -$236.59K | -$227.82K | -$247.43K | |
| — | -210.72% | -37.11% | -31.11% | 13.39% | -66.71% | -217.85% | -113.58% | -218.52% | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | -$247.43K | |
| USD/shares | — | -$2.12 | -$0.54 | -$0.55 | $0.34 | — | — | — | — | — | — | — | -$946,340.00 | -$911,292.00 | — |
| USD/shares | — | -$2.12 | -$0.54 | -$0.55 | $0.30 | — | — | — | — | — | — | — | — | — | — |
| shares | — | 34.06M | 30.06M | 22.72M | 21M | 14.63M | 5.68M | 4.97M | 3.29M | 2.71M | 2.18M | 2.15M | — | — | — |
| shares | — | 34.06M | 30.06M | 22.72M | 23.39M | 14.63M | 5.68M | 4.97M | 3.29M | 2.71M | 2.18M | 2.15M | — | — | 21.04M |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 33 similar-size Oil & Gas E&P companies (of 71 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Crude Oil | $31,648,000 | $41,515,000 |
| Natural Gas Liquids Reserves | $1,616,000 | $2,133,000 |
| Natural Gas Reserves | $898,000 | $344,000 |
| Product And Service Other | $41,000 | $47,000 |