Empire Petroleum Corp

Empire Petroleum Corp

EP · AMEX · Energy / Oil & Gas E&P

2.47USD+0.07 (+2.92%)

Price History

Full chart

Market Stats

Previous Close2.40
Open2.32
Day Range2.32 – 2.50
52-Week Range2.11 – 4.85
Volume22.80K
Market Cap94.02M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.07
Dividend Yield0.00%
Beta0.34
50-Day Avg2.71
200-Day Avg2.87

About

Empire Petroleum Corporation engages in the optimization and development of oil and gas interests in the United States. It operates properties in New Mexico, North Dakota, Montana, Texas, and Louisiana. 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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Michael R. Morrisett
  • Employees61
  • Headquarters2200 South Utica Place, Tulsa, OK, United States, 74114, USA
  • Websitehttps://empirepetroleumcorp.com

Leadership

  • Mr. Michael R. MorrisettCEO, COO, President, Principal Financial Officer, Treasurer, Secretary & Director · b. 1964
  • Mr. Matthew E. WatsonChief Accounting Officer · b. 1981
  • Mr. William WestSenior Vice Presidnet of Operations

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue890.00K3.08K12.41K-163.63K82.14K57.59K102.48K10.36K21.15K9.79K------00352.37K5.83M5.99M27.68M53.27M40.14M44.04M34.20M
Growth (%)--99.65%+302.92%---49.80%-29.89%+77.95%-89.89%+104.27%-53.70%---------+1553.20%+2.81%+362.15%+92.48%-24.65%+9.71%-22.34%
Cost of Revenue-2.08M-2.08K30.91K157.43K161.26K92.09K92.09K161.47K89.52K188.04K120.25K178.17K22.06K14.75K36.76K35.89K9.28K378.08K757.07K36.72K3.73M3.46M17.89M29.48M34.77M40.57M40.81M
Gross Profit2.97M5.16K-18.50K-157.00K2.36K-9.95K57.59K-58.99K-79.17K-167.00K-110.00K-178.00K-22.06K-14.75K-36.76K-35.89K-9.28K0-315.65K2.09M2.52M9.79M23.80M5.38M3.47M-6.61M
Gross Margin333.60%167.50%-149.10%-1.44%-12.11%100.00%-57.57%-764.44%-789.45%-1123.14%--------89.58%35.95%42.16%35.37%44.67%13.39%7.87%-19.32%
Operating Expense980.20M140.18K-262.12K6.72M539.36K159.26K213.31K252.35K1.42M274.00K210.00K2.45M222.13K230.25K191.07K186.08K165.65K197.00K-1.23M8.25M20.11M10.26M15.01M17.00M17.13M13.42M
Operating Income-977.23M-135.02K243.61K-6.88M-537.00K-169.21K-155.72K-311.34K-1.50M-441.00K-320.00K-2.63M-244.19K-245.00K-227.82K-221.96K-174.92K-197.00K-757.07K-916.00K-6.15M-17.58M-473.37K8.78M-11.63M-13.66M-20.03M
Operating Margin-109800.67%-4383.70%1963.04%--328.19%-206.00%-270.41%-303.82%-14484.36%-2084.71%-3267.31%---------259.95%-105.59%-293.59%-1.71%16.49%-28.96%-31.03%-58.55%
EBITDA-181.88M-132.94K248.88K12.61M-269.00K-169.21K32.78K-311.41K-320.00K-437.00K-214.00K1.81M-244.18K-245.00K-227.82K-221.96K-174.92K-378.00K-757.07K-898.00K-2.80M-13.17M-7.37M10.02M-8.08M-4.89M-57.32M
EBITDA Margin-20436.07%-4316.20%2005.44%--164.40%-206.00%56.93%-303.88%-3090.00%-2065.80%-2185.01%---------254.84%-48.05%-219.92%-26.65%18.80%-20.13%-11.09%-167.60%
Net Income-990.90M-161.03K-244.00K-5.69M-558.00K-191.69K-158.19K-318.03K-1.38M-437.00K-216.00K-2.63M-247.43K-253.00K-227.82K-236.59K-174.92K-382.00K-830.07K-1.02M-6.65M-16.84M-18.61M7.08M-12.47M-16.20M-72.07M
Net Income Margin-111337.30%-5228.34%-1966.16%--341.02%-233.37%-274.69%-310.35%-13344.92%-2065.80%-2205.43%---------288.61%-114.23%-281.11%-67.26%13.30%-31.06%-36.78%-210.72%
Interest Expense-26.02K7.47K62.68K27.05K6.90K6.90K6.90K3.45K-1.51K3.56K3.25K7.92K-3.15K-3.84K73.00K101.18K503.61K521.19K8.60M509.54K1.00M1.52M1.55M
Interest Expense % of Total Revenue-844.64%60.22%-16.53%8.40%11.98%6.73%33.31%-15.47%--------28.71%8.64%8.70%31.07%0.96%2.49%3.44%4.52%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets768.64M942.94K7.36M611.93K572.44K539.72K746.75K1.95M1.46M1.12M2.14M377.15K326.93K324.40K228.59K82199.58K382.74K377.78K2.00M11.01M11.25M50.09M71.55M92.62M123.87M65.87M
Total Liabilities242.46M377.78K1.95M706.56K476.73K622.75K519.73K510.32K352.17K71.59K44.78K149.06K111.49K10.13K92.15K2288.18K81.36K249.59K2.15M15.95M29.69M40.26M48.31M57.66M61.10M70.48M
Total Equity526.19M565.15K5.41M-94.63K95.72K-83.03K227.02K1.44M1.11M1.04M2.09M228.09K215.44K314.26K136.44K-146191.41K301.38K128.19K-150.18K-4.94M-18.44M9.83M23.24M34.96M62.77M-4.61M
Cash23.15M13.00K38.24K5.45K21.62K3.41K369.29K60.79K384.63K124.12K1.17M68.69K4.98K20.77K2.93K8218.11K68.74K77.78K84.63K0157.69K3.61M11.94M7.79M2.25M1.19M
Total Debt172.75M282.75K212.00K220.00K85.42K92.32K99.22K106.12K----100.00K-91.58K--58.84K184.63K1.46M7.81M9.65M9.44M8.00M6.68M11.88M15.35M
Net Debt149.60M269.75K173.76K214.55K63.80K88.92K-270.07K45.34K-384.63K-124.12K-1.17M-68.69K95.02K-20.77K88.65K-82-18.11K-9.90K106.84K1.37M7.81M9.49M5.83M-3.94M-1.11M9.63M14.16M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-128.54M-166.31K3.29K-202.79K8.86K-102.53K-194.30K-297.44K-346.73K-263.98K-302.11K-197.38K-263.71K-175.21K-109.42K-154.56K-116.98K-81.86K-235.96K-564.89K-592.33K-1.72M3.17M18.06M-9.89M6.16M-3.95M
Investing Cash Flow-195.29M-153.84K-340.05K-7.31K---1.46M-319.43K3.48K134.33K-1.59M-------916.58K-916.58K-6.17M856.29K-24.72M-11.41M-14.77M-53.87M-4.61M
Financing Cash Flow272.75M310.00K362.00K170.00K-84.31K560.19K1.45M990.00K-1.22M685.00K200.00K191.00K91.58K151.72K135.00K132.50K245.00K1.49M6.68M1.02M25.00M1.69M20.50M42.17M7.50M
Capital Expenditure00384.63K0000786.07K318.41K002.26M000000916.58K916.58K6.17M513.51K19.77M13.18M16.99M53.87M54.00K
Free Cash Flow-128.54M-166.31K-381.34K-202.79K8.86K-102.53K-194.30K-1.08M-665.14K-263.98K-302.11K-2.45M-263.71K-175.21K-109.42K-154.56K-116.98K-81.86K-235.96K-1.48M-6.77M-2.24M-16.60M4.88M-26.88M-47.71M-4.00M
FCF to OCF100.00%100.00%-11598.02%100.00%100.00%100.00%100.00%364.28%191.83%100.00%100.00%1242.70%100.00%100.00%100.00%100.00%100.00%100.00%100.00%262.26%1142.33%129.80%-523.49%27.03%271.88%-774.93%101.37%

Earnings

Report DateMar 31, 1998Mar 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Mar 31, 2003Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Nov 13, 2017Dec 31, 2017Apr 2, 2018Aug 14, 2018Nov 14, 2018Dec 31, 2018Apr 1, 2019Aug 14, 2019Nov 14, 2019Mar 30, 2020May 15, 2020Aug 14, 2020Nov 16, 2020Mar 31, 2021May 17, 2021Aug 23, 2021Nov 15, 2021Mar 31, 2022May 16, 2022Aug 16, 2022Nov 14, 2022Mar 31, 2023May 15, 2023Aug 14, 2023Nov 13, 2023Mar 17, 2024May 15, 2024Aug 14, 2024Nov 11, 2024Mar 26, 2025May 13, 2025Aug 14, 2025Nov 14, 2025Aug 17, 2026Nov 16, 2026
EPS Estimate-------------------------------------------------------------------------------------------0.00---------0.00--
EPS Actual-0.05-0.14-0.09-0.18-0.08-0.13-0.06-0.21-0.27-0.28-0.15-0.42-0.12-0.20-0.96-0.06-0.08-0.08-0.06-0.100.24-0.05-0.37-0.14-0.09-0.11-0.00-0.82-0.38-0.03-0.06-0.10-0.13-0.07-0.07-0.050.01-0.08-0.06-0.05-0.09-0.07-1.37-0.04-0.03-0.03-0.03-0.05-0.03-0.03-0.03-0.03-0.03-0.03-0.12-0.04-0.02-0.04-0.03-0.03-0.02-0.02-0.02-0.03-0.04-0.01-0.10-0.05-0.02-0.01-0.28-0.04-0.02-0.02-0.07-0.02-0.10-0.05-0.140.08-0.14-0.07-0.55-0.03-0.09-0.06-4.320.150.240.01-0.10-0.11-0.11-0.12-0.21-0.15-0.15-0.12-0.13-0.12-0.15-0.11-0.06-
Surprise--------------------------------------------------------------------------------------------------------
Timing----------------------------------------------------------------------------------------After-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hours---

Key Statistics & Ratios

Market Cap94.02M
Enterprise Value105.69M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.67
Price / Book12.68
EPS-2.07
Book Value0.176
Revenue (TTM)35.26M
Gross Profit (TTM)9.17M
EBITDA-7.48M
Profit Margin-202.22%
Operating Margin-13.87%
Return on Equity-230.66%
Return on Assets-42.28%
Shares Outstanding41.60M
Shares Float28.67M
Beta0.34
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20121×
0.01Mar 1, 2012
20114×
0.01Nov 30, 20110.01Aug 31, 20110.01Jun 1, 20110.01Mar 2, 2011
20104×
0.01Dec 1, 20100.01Sep 1, 20100.01Jun 2, 20100.01Mar 3, 2010
20093×
0.01Dec 2, 20090.05Sep 2, 20090.05Jun 3, 2009

Stock Splits

  • Mar 8, 20221:4
  • Aug 12, 20131:12