See more : Aeon Motor Co.,Ltd. (1599.TWO) Income Statement Analysis – Financial Results
Complete financial analysis of Empire Petroleum Corporation (EP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Empire Petroleum Corporation, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
You may be interested
- Eniro Group AB (publ) (ENRO-PREF-A.ST) Income Statement Analysis – Financial Results
- Medibank Private Limited (MDBPF) Income Statement Analysis – Financial Results
- Aviva plc (AVVIY) Income Statement Analysis – Financial Results
- Fairwood Holdings Limited (FRWDF) Income Statement Analysis – Financial Results
- Decarbonization Plus Acquisition Corporation III (DCRCU) Income Statement Analysis – Financial Results
Empire Petroleum Corporation (EP)
About Empire Petroleum Corporation
Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, New Mexico, North Dakota, Montana, and Texas. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40.14M | 53.27M | 28.49M | 5.99M | 5.83M | 352.37K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.79K | 21.15K | 10.36K | 102.48K | 57.59K | 82.14K | 163.63K | 0.00 | 12.41K | 3.08K | 890.00K |
| Cost of Revenue | 34.77M | 29.48M | 4.61M | 3.46M | 3.73M | 36.72K | 0.00 | 0.00 | 9.28K | 35.89K | 36.76K | 14.75K | 22.06K | 178.17K | 120.25K | 188.04K | 89.52K | 161.47K | 0.00 | 92.09K | 161.26K | 157.43K | 30.91K | -2.08K | -2.08M |
| Gross Profit | 5.38M | 23.80M | 23.89M | 2.52M | 2.09M | 315.65K | 0.00 | 0.00 | -9.28K | -35.89K | -36.76K | -14.75K | -22.06K | -178.17K | -110.46K | -166.89K | -79.17K | -58.99K | 57.59K | -9.95K | 2.36K | -157.43K | -18.50K | 5.16K | 2.97M |
| Gross Profit Ratio | 13.39% | 44.67% | 83.84% | 42.16% | 35.95% | 89.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1,127.80% | -788.91% | -764.44% | -57.57% | 100.00% | -12.11% | 1.44% | 0.00% | -149.10% | 167.50% | 333.60% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 15.18M | 12.33M | 8.46M | 7.37M | 3.63M | 1.23M | 757.07K | 196.60K | 165.65K | 154.33K | 191.07K | 198.94K | 0.00 | 232.00K | 209.67K | 274.18K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 217.37K | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 31.75K | 0.00 | 31.75K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.48K | 0.00 | 0.00 |
| SG&A | 15.18M | 12.33M | 8.46M | 7.37M | 3.63M | 1.23M | 757.07K | 196.60K | 165.65K | 186.08K | 191.07K | 230.69K | 222.13K | 232.00K | 209.67K | 274.18K | 1.42M | 252.35K | 247.36K | 212.06K | 271.08K | 223.74K | 219.85K | 138.10K | 184.85M |
| Other Expenses | 1.82M | 1.36M | 15.31M | 5.80M | 4.64M | 1.93K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 99.57K | 64.00 | -222.56K | 0.00 | 1.03K | 6.02K | -481.96K | 2.08K | 2.08M |
| Operating Expenses | 17.00M | 13.69M | 23.77M | 13.18M | 8.28M | 1.34M | 757.07K | 196.60K | 165.65K | 186.08K | 191.07K | 230.69K | 222.13K | 232.00K | 209.67K | 274.18K | 1.52M | 252.42K | 24.80K | 212.06K | 272.10K | 229.76K | -262.12K | 140.18K | 186.93M |
| Cost & Expenses | 51.70M | 43.17M | 28.38M | 16.64M | 12.01M | 1.38M | 757.07K | 196.60K | 174.92K | 221.96K | 227.82K | 245.43K | 244.19K | 410.17K | 329.93K | 462.22K | 1.61M | 413.88K | 24.80K | 304.15K | 433.37K | 387.19K | -231.20K | 138.10K | 184.85M |
| Interest Income | 0.00 | 509.54K | 8.60M | 521.19K | 503.61K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 11.00 | 3.56K | 1.52K | 0.00 | 0.00 | 148.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.92K | 0.00 | 0.00 |
| Interest Expense | 1.00M | 509.54K | 8.60M | 521.19K | 503.61K | 101.18K | 73.00K | 3.84K | 0.00 | 3.15K | 0.00 | 7.92K | 3.25K | 3.56K | 1.52K | 0.00 | 3.45K | 6.90K | 6.90K | 6.90K | 27.05K | 62.68K | 7.47K | 26.02K | 0.00 |
| Depreciation & Amortization | 3.52M | 3.57M | 3.85M | 4.05M | 3.66M | 17.46K | 757.07K | 196.60K | 174.92K | 190.21K | 227.82K | 1.00 | 11.00 | 4.44M | 105.74K | -4.41K | -320.44K | -192.00 | 338.53K | -166.00 | 1.03K | 4.15K | 5.26K | 2.08K | 2.08M |
| EBITDA | -8.08M | 13.03M | -6.16M | -12.27M | -2.49M | -898.49K | 0.00 | -378.08K | 0.00 | -43.22K | 0.00 | -245.43K | -244.18K | 1.81M | -214.39K | -441.07K | -319.54K | -311.41K | 32.79K | -169.21K | -268.71K | 12.61M | 248.88K | -132.94K | -181.88M |
| EBITDA Ratio | -20.13% | 21.29% | 10.62% | -125.35% | -48.63% | -287.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2,189.03% | -2,105.86% | -17,574.04% | -304.01% | 317.44% | -270.48% | 158.51% | 0.00% | 2,005.44% | -4,316.20% | 157,825.96% |
| Operating Income | -11.63M | 8.78M | 522.04K | -10.65M | -6.18M | -915.95K | -757.07K | -378.08K | -174.92K | -221.96K | -227.82K | -245.43K | -244.19K | -2.63M | -320.13K | -441.07K | -1.50M | -311.34K | -155.72K | -222.01K | -536.52K | -6.88M | 243.61K | -135.02K | -977.23M |
| Operating Income Ratio | -28.96% | 16.49% | 1.83% | -177.84% | -106.17% | -259.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3,268.64% | -2,085.02% | -14,479.78% | -303.82% | -270.41% | -270.28% | -327.89% | 0.00% | 1,963.04% | -4,383.70% | -109,800.67% |
| Total Other Income/Expenses | -976.71K | -1.49M | -18.14M | 747.57K | -503.61K | -101.18K | -73.00K | 192.77K | 0.00 | -14.62K | 0.00 | -7.92K | -3.24K | -2.22M | 104.22K | 4.41K | 117.85K | -6.69K | -2.47K | -22.48K | -21.57K | -60.81K | -243.61K | 0.00 | 977.23M |
| Income Before Tax | -12.60M | 7.29M | -18.61M | -16.84M | -6.65M | -1.02M | -830.07K | -381.92K | -174.92K | -236.59K | -227.82K | -253.35K | -247.43K | -4.85M | -425.87K | -436.66K | -1.28M | -311.22K | -158.19K | -228.74K | -558.09K | -6.94M | -244.17K | 0.00 | -2.56B |
| Income Before Tax Ratio | -31.39% | 13.69% | -65.34% | -281.11% | -114.23% | -288.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -4,348.25% | -2,064.18% | -12,347.00% | -303.70% | -274.69% | -278.48% | -341.08% | 0.00% | -1,967.51% | 0.00% | -288,062.70% |
| Income Tax Expense | -132.19K | 208.90K | 9.01M | 521.19K | 503.61K | 101.18K | -757.07K | -177.64K | -174.93K | -187.06K | -227.82K | 0.00 | 0.00 | -2.22M | -209.96K | 0.00 | 103.02K | 6.82K | -147.55K | 6.90K | 288.35K | -1.25M | 692.18K | 26.02K | 806.94M |
| Net Income | -12.47M | 7.08M | -27.62M | -17.36M | -7.16M | -1.02M | -830.07K | -381.92K | -174.92K | -236.59K | -227.82K | -253.35K | -247.43K | -2.63M | -215.91K | -436.66K | -1.38M | -318.03K | -158.19K | -228.74K | -558.09K | -5.69M | -244.17K | -161.03K | -990.90M |
| Net Income Ratio | -31.06% | 13.30% | -96.96% | -289.81% | -122.88% | -288.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2,204.50% | -2,064.18% | -13,341.79% | -310.35% | -274.69% | -278.48% | -341.08% | 0.00% | -1,967.51% | -5,228.34% | -111,337.30% |
| EPS | -0.55 | 0.34 | -7.55 | -3.06 | -1.44 | -0.31 | -0.31 | -0.18 | -0.08 | -0.12 | -0.12 | -0.13 | -0.14 | -1.57 | -0.17 | -0.37 | -1.23 | -0.33 | -0.19 | -0.29 | -0.78 | -11.43 | -0.57 | -0.53 | -3.41K |
| EPS Diluted | -0.55 | 0.30 | -7.55 | -3.06 | -1.44 | -0.31 | -0.31 | -0.18 | -0.08 | -0.12 | -0.12 | -0.13 | -0.14 | -1.57 | -0.17 | -0.37 | -1.23 | -0.33 | -0.19 | -0.29 | -0.78 | -11.43 | -0.57 | -0.53 | -3.41K |
| Weighted Avg Shares Out | 22.67M | 21.00M | 3.66M | 5.68M | 4.97M | 3.29M | 2.71M | 2.18M | 2.15M | 1.91M | 1.91M | 1.91M | 1.78M | 1.68M | 1.24M | 1.19M | 1.12M | 954.38K | 847.94K | 788.13K | 717.98K | 497.85K | 425.10K | 306.52K | 290.89K |
| Weighted Avg Shares Out (Dil) | 22.72M | 23.39M | 3.66M | 5.68M | 4.97M | 3.29M | 2.71M | 2.18M | 2.18M | 1.91M | 1.91M | 1.91M | 1.78M | 1.68M | 1.24M | 1.19M | 1.12M | 954.38K | 847.94K | 788.13K | 717.98K | 497.85K | 425.10K | 306.52K | 290.89K |
Empire Petroleum to Participate in the 36th Annual ROTH Conference
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana today announced that the Company is scheduled to participate in the 36th...
EMPIRE PETROLEUM ANNOUNCES COMMENCEMENT OF PREVIOUSLY ANNOUNCED RIGHTS OFFERING
TULSA, Okla., March 7, 2024 – Empire Petroleum Corporation (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced...
Empire Petroleum Announces Commencement of Previously Announced Rights Offering
TULSA, Okla., March 07, 2024 (GLOBE NEWSWIRE) -- Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it...
Empire Petroleum Issues Correction for Previously Announced Proposed Rights Offering
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today a correction to its prior announcement regarding its...
Empire Petroleum Announces Record Date for Proposed Rights Offering
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that its Board of Directors has fixed the...
Empire Petroleum Announces Operational Update and Preliminary Financial Results for Fourth Quarter 2023
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana, today provided an update on its program to further develop its Starbuck...
Empire Petroleum Announces Results for Third Quarter 2023
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana, today announced operational and financial results for the third quarter of 2023....
Empire Petroleum Commences 2023 Development Program
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today announced the formal commencement of its 2023 drilling program...
Empire Petroleum Announces Results for Second Quarter 2023
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana, today announced operational and financial results for the second quarter of 2023....
Empire Petroleum Announces Acquisition of Additional Interests in New Mexico Units
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana, and New Mexico, today announced that on August 9, 2023, it closed on the...
Source: https://incomestatements.info
Category: Stock Reports