EP NYSE Crude Petroleum & Natural Gas Financials FY2016βFY2025
Empire Petroleum Corp had $34.2M of revenue in fiscal 2025, down 21.6% on the year before. Over five years, revenue changed +34.6% a year on average.
Last close Β· Oct 23, 2026
$3.07
4.7%Hi! I read Empire Petroleum Corpβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β21.6%
No. Sales fell 21.6% last year.
Does it make a profit?
β210.7%
No. It lost money last year.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Empire Petroleum Corp did it, and the next one. Share prices often move a lot on those days.
Next results
November 16, 2026
Monday Β· in 21 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 14, 2026 | Q2 '26 | After the market closes | 10-Q β |
| May 14, 2026 | Q1 '26 | After the market closes | 10-Q β |
| Mar 13, 2026 | Q4 '25 | After the market closes | 10-K β |
| Nov 14, 2025 | Q3 '25 | After the market closes | 10-Q β |
| Aug 13, 2025 | Q2 '25 | Time not announced | 8-K β |
| May 14, 2025 | Q1 '25 | Time not announced | 8-K β |
| Mar 27, 2025 | Q4 '24 | Time not announced | 8-K β |
| Nov 13, 2024 | Q3 '24 | After the market closes | 10-Q β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Empire Petroleum Corp had $34.2M of revenue in fiscal 2025, down 21.6% on the year before. Over five years, revenue changed +34.6% a year on average. Its operating margin was β208.5%, down 177.2Β pts: of every 100 in sales, about β209 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Empire Petroleum Corp lost $72.1M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Empire Petroleum Corp has $0.5M more cash than debt.
Cash, debt and the ratios that show how comfortably Empire Petroleum Corp can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $3.6M | $11.9M | $7.8M | $2.3M | $1.2M |
| Debt incl. finance leases | $6.8M | $11.3M | $10.3M | $22.7M | $0.6M |
| Net debt / EBITDA | 1.6x | β0.1x | β | β | β |
| Debt / equity | 0.7x | 0.5x | 0.3x | 0.4x | β |
| Interest coverage | β | β | β | β9.0x | β46.1x |
| Current ratio | 1.1x | 1.3x | 0.7x | 0.6x | 0.3x |
| Quick ratio | 1.0x | 1.2x | 0.7x | 0.5x | 0.3x |
| Total assets | $50.1M | $71.5M | $92.6M | $124M | $65.9M |
| Total liabilities | $40.3M | $48.3M | $57.7M | $61.1M | $70.5M |
| Shareholders' equity | $9.8M | $23.2M | $35.0M | $62.8M | β$4.6M |
| Net debt (β = net cash) | $3.2M | β$0.7M | $2.5M | $20.4M | β$0.5M |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Empire Petroleum Corp passes 3 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 6 | 4 / 7 | 3 / 8 | 4 / 8 | 4 / 8 | 6 / 8 | 3 / 8 | 3 / 8 | 3 / 8 |
| Accruals ratio | β78.4% | β156.2% | β38.1% | β93.2% | β135.8% | β71.0% | β18.0% | β3.1% | β20.7% | β71.8% |
| Altman Z'' | β131.89 | β154.11 | β32.34 | β11.43 | β25.17 | β3.52 | β0.58 | β2.93 | β2.26 | β16.52 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | β | $0.0M | $0.5M | $5.9M | $7.7M | $27.1M | $52.9M | $40.1M | $43.7M | $34.2M |
| Operating income | β$0.4M | β$0.8M | β$0.9M | β$6.2M | β$17.6M | β$0.5M | $8.8M | β$11.6M | β$13.7M | β$71.3M |
| Interest expense | $0.0M | $0.1M | β$0.1M | β$0.5M | β | β | β | β | $1.5M | $1.5M |
| Pretax income | β | β | β | β | β | β$18.6M | $7.3M | β$12.6M | β$16.2M | β$72.1M |
| Income tax | β | β | β | β | β | β | $0.2M | β$0.1M | β | β |
| Net income | β$0.4M | β$0.8M | β$1.0M | β$6.7M | β$16.8M | β$18.6M | $7.1M | β$12.5M | β$16.2M | β$72.1M |
| Diluted EPS | β$0.04 | β$0.08 | β$0.08 | β$0.33 | β$2.97 | β$1.27 | $0.30 | β$0.55 | β$0.54 | β$2.12 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.02B | 0.01B | 0.01B | 0.02B | 0.02B | 0.03B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | β$0.1M | β$0.2M | β$0.6M | β$0.6M | β$1.7M | $3.2M | $18.1M | β$9.9M | $6.2M | β$3.9M |
| Capital expenditure | β | β | β | β$0.0M | β | β | β | β | β | β |
| Free cash flow | β | β | β | β$0.6M | β | β | β | β | β | β |
| Depreciation and amortization | β | $0.0M | $0.0M | $3.4M | $3.1M | $2.5M | $1.9M | $3.1M | $9.3M | $10.6M |
| Stock-based compensation | β | β | β | β | $1.9M | β | β | $3.1M | $2.2M | $1.4M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.1M | $0.1M | $0.1M | $0.0M | $0.2M | $3.6M | $11.9M | $7.8M | $2.3M | $1.2M |
| Total debt | β | β | $1.2M | $7.7M | $0.5M | $6.8M | $11.3M | $10.3M | $22.7M | $0.6M |
| Current assets | $0.1M | $0.1M | $0.4M | $1.7M | $2.2M | $13.1M | $22.7M | $18.7M | $12.4M | $8.2M |
| Current liabilities | $0.0M | $0.2M | $0.7M | $2.2M | $6.1M | $12.1M | $17.6M | $25.0M | $21.3M | $24.3M |
| Inventory | β | β | β | $0.5M | $0.5M | $1.0M | $1.8M | $1.4M | $1.3M | $1.3M |
| Property and equipment, net | β | β | $1.6M | $9.3M | $8.2M | $30.7M | $45.3M | $72.4M | $110M | $56.3M |
| Total assets | $0.4M | $0.4M | $2.0M | $11.0M | $11.2M | $50.1M | $71.5M | $92.6M | $124M | $65.9M |
| Total liabilities | $0.1M | $0.2M | $2.1M | $16.0M | $29.7M | $40.3M | $48.3M | $57.7M | $61.1M | $70.5M |
| Shareholders' equity | $0.3M | $0.1M | β$0.2M | β$4.9M | β$18.4M | $9.8M | $23.2M | $35.0M | $62.8M | β$4.6M |
| Margins | ||||||||||
| Operating margin | β | β | β196.8% | β105.0% | β227.5% | β1.7% | 16.6% | β29.0% | β31.3% | β208.5% |
| EBITDA margin | β | β | β193.4% | β47.8% | β186.9% | 7.5% | 20.3% | β21.3% | β10.1% | β177.5% |
| Net margin | β | β | β218.5% | β113.6% | β217.9% | β68.7% | 13.4% | β31.1% | β37.1% | β210.7% |
| FCF margin | β | β | β | β9.9% | β | β | β | β | β | β |
| Returns | ||||||||||
| Return on capital | β | β | β76.9% | β175.0% | β | β2.9% | 37.8% | β24.5% | β13.0% | β |
| Return on capital employed | β105.0% | β431.2% | β72.9% | β70.1% | β339.6% | β1.2% | 16.3% | β17.2% | β13.3% | β171.7% |
| Return on equity | β126.7% | β386.5% | β | β | β | β | 42.8% | β42.9% | β33.2% | β247.9% |
| Return on assets | β99.8% | β218.3% | β85.6% | β102.3% | β151.2% | β60.7% | 11.6% | β15.2% | β15.0% | β76.0% |
| Return on tangible equity | β126.7% | β647.5% | β | β | β | β189.3% | 30.5% | β35.7% | β25.8% | β |
| Growth | ||||||||||
| Revenue growth | β | β | β | 1,158.7% | 31.9% | 250.6% | 95.2% | β24.2% | 8.9% | β21.6% |
| Net income growth | β | β | β | β | β | β | β | β276.0% | β | β |
| EPS growth | β | β | β | β | β | β | β | β283.3% | β | β |
| Share count change | β | 24.4% | 21.1% | 51.1% | β71.4% | 157.7% | 59.9% | β2.9% | 32.3% | 13.3% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | β | β | β | 1.6x | β0.1x | β | β | β |
| Debt / equity | β | β | β | β | β | 0.7x | 0.5x | 0.3x | 0.4x | β |
| Interest coverage | β99.5x | β10.4x | β | β | β | β | β | β | β9.0x | β46.1x |
| Current ratio | 3.7x | 0.4x | 0.5x | 0.8x | 0.4x | 1.1x | 1.3x | 0.7x | 0.6x | 0.3x |
| Quick ratio | 3.7x | 0.4x | 0.5x | 0.5x | 0.3x | 1.0x | 1.2x | 0.7x | 0.5x | 0.3x |
| Capital allocation | ||||||||||
| Capex / revenue | β | β | β | β0.2% | β | β | β | β | β | β |
| Stock comp / revenue | β | β | β | β | 25.2% | β | β | 7.8% | 4.9% | 4.2% |
| Quality scores | ||||||||||
| Piotroski F-score | β | β | 4.0 | 3.0 | 4.0 | 4.0 | 6.0 | 3.0 | 3.0 | 3.0 |
| Altman Z'' | β131.9 | β154.1 | β32.3 | β11.4 | β25.2 | β3.5 | β0.6 | β2.9 | β2.3 | β16.5 |
| Accruals ratio | β78.4% | β156.2% | β38.1% | β93.2% | β135.8% | β71.0% | β18.0% | β3.1% | β20.7% | β71.8% |
Source: SEC EDGAR XBRL filings (CIK 0000887396). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
