EP
Empire Petroleum Corp
NYSE MKT: EP · ENERGY · OIL & GAS E&P
$2.80
-0.36% today
Updated 2026-04-30
Market cap
$102.03M
P/E ratio
—
P/S ratio
2.98x
EPS (TTM)
$-2.12
Dividend yield
—
52W range
$3 – $6
Volume
0.1M
Empire Petroleum Corp (EP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $102476.00 | $10356.00 | $21154.00 | $9794.00 | — | — | — | — | — | — | $0.00 | $0.00 | $352374.00 | $5.83M | $5.99M | $27.68M | $53.27M | $40.14M | $44.04M | $34.20M |
| Revenue growth (YoY) | — | -89.9% | +104.3% | -53.7% | -100.0% | — | — | — | — | — | — | — | — | +1553.2% | +2.8% | +362.2% | +92.5% | -24.7% | +9.7% | -22.3% |
| Cost of revenue | $161467.00 | $89521.00 | $188041.00 | $120251.00 | $178174.00 | $22060.00 | $14746.00 | $36756.00 | $35887.00 | $9276.00 | $378078.00 | $757069.00 | $36721.00 | $3.73M | $3.46M | $17.89M | $29.48M | $34.77M | $40.57M | $40.81M |
| Gross profit | $-58991.00 | $-79165.00 | $-167000.00 | $-110000.00 | $-178000.00 | $-22060.00 | $-14746.00 | $-36756.00 | $-35887.00 | $-9276.00 | $0.00 | — | $315653.00 | $2.09M | $2.52M | $9.79M | $23.80M | $5.38M | $3.47M | $-6.61M |
| Gross margin | -57.6% | -764.4% | -789.4% | -1123.1% | — | — | — | — | — | — | — | — | 89.6% | 35.9% | 42.2% | 35.4% | 44.7% | 13.4% | 7.9% | -19.3% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | $274178.00 | $209674.00 | $231996.00 | — | $198936.00 | $191067.00 | $154326.00 | $165648.00 | $196603.00 | $757069.00 | $1.23M | $3.63M | $7.37M | $8.46M | $12.33M | $15.18M | $14.74M | $11.99M |
| Operating income | $-311344.00 | $-1.50M | $-441000.00 | $-320000.00 | $-2.63M | $-244193.00 | $-245000.00 | $-227823.00 | $-221963.00 | $-174924.00 | $-197000.00 | $-757069.00 | $-916000.00 | $-6.15M | $-17.58M | $-473370.00 | $8.78M | $-11.63M | $-13.66M | $-20.03M |
| Operating margin | -303.8% | -14484.4% | -2084.7% | -3267.3% | — | — | — | — | — | — | — | — | -260.0% | -105.6% | -293.6% | -1.7% | 16.5% | -29.0% | -31.0% | -58.6% |
| EBITDA | $-311408.00 | $-320000.00 | $-441000.00 | $-214000.00 | $1.81M | $-244182.00 | $-245000.00 | $-227823.00 | $-221963.00 | $-174924.00 | $-378000.00 | $-757069.00 | $-898000.00 | $-2.80M | $-13.17M | $-7.37M | $10.02M | $-8.08M | $-4.89M | $-6.82M |
| EBITDA margin | -303.9% | -3090.0% | -2084.7% | -2185.0% | — | — | — | — | — | — | — | — | -254.8% | -48.1% | -219.9% | -26.6% | 18.8% | -20.1% | -11.1% | -19.9% |
| EBIT | $-311216.00 | $0.00 | $-436591.00 | $-319737.00 | $-2.63M | $-244193.00 | $-458682.00 | $-227823.00 | $-221963.00 | $-174924.00 | $-574603.00 | $-757069.00 | $-915456.00 | $-6.15M | $-16.31M | $-10.01M | $7.80M | $-11.60M | $-14.68M | $-20.03M |
| Interest expense | $6900.00 | $3450.00 | — | $1515.00 | $3561.00 | $3250.00 | $7917.00 | — | $3151.00 | — | $3837.00 | $72998.00 | $101183.00 | $503607.00 | $521187.00 | $8.60M | $509540.00 | $1.00M | $1.52M | $1.55M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-318032.00 | $-1.38M | $-437000.00 | $-216000.00 | $-2.63M | $-247432.00 | $-253000.00 | $-227823.00 | $-236585.00 | $-174924.00 | $-382000.00 | $-830067.00 | $-1.02M | $-6.65M | $-16.84M | $-18.61M | $7.08M | $-12.47M | $-16.20M | $-72.07M |
| Net income growth (YoY) | — | -334.5% | +68.4% | +50.6% | -1116.7% | +90.6% | -2.3% | +10.0% | -3.8% | +26.1% | -118.4% | -117.3% | -22.5% | -554.3% | -153.0% | -10.6% | +138.1% | -276.0% | -29.9% | -345.0% |
| Profit margin | -310.3% | -13344.9% | -2065.8% | -2205.4% | — | — | — | — | — | — | — | — | -288.6% | -114.2% | -281.1% | -67.3% | 13.3% | -31.1% | -36.8% | -210.7% |