For the quarter ending 2025-09-30, EP made $9,388,000 in revenue. -$3,844,000 in net income. Net profit margin of -40.95%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 9,388,000 | 8,754,000 | 9,002,000 | 9,737,241 |
| Lease operating expense | 5,735,000 | 6,387,000 | 5,766,000 | 6,937,139 |
| Production and ad valorem taxes | 755,000 | - | - | - |
| Depreciation, depletion & amortization | 2,794,000 | 2,576,000 | 2,226,000 | 1,991,456.5 |
| Accretion of asset retirement obligation | 534,000 | 534,000 | 526,000 | 499,208.333 |
| General and administrative | 2,881,000 | 2,906,000 | 3,197,000 | 3,295,931 |
| Stock-based compensation | 238,000 | 486,000 | 531,000 | 606,899 |
| Production and ad valorem taxes | - | 768,000 | 712,000 | 860,142.5 |
| Total general and administrative | 3,119,000 | 3,392,000 | 3,728,000 | 3,910,462 |
| Total cost and expenses | 12,937,000 | 13,657,000 | 12,958,000 | 13,899,015 |
| Operating loss | -3,549,000 | -4,903,000 | -3,956,000 | -4,161,774 |
| Other income (expense) | - | 181,000 | 31,000 | -330,186 |
| Interest expense | 388,000 | -334,000 | -296,000 | 407,658 |
| Other income (expense) | 93,000 | - | - | - |
| Loss before taxes | -3,844,000 | -5,056,000 | -4,221,000 | -4,084,302 |
| Income tax benefit (provision) | - | 0 | - | - |
| Net loss | -3,844,000 | -5,056,000 | -4,221,000 | -4,084,302 |
| Basic | -0.11 | -0.15 | -0.12 | -0.135 |
| Basic weighted-average shares | 34,043,173 | 33,853,310,000 | 33,821,203 | -15,697,165 |
| Diluted | -0.11 | -0.15 | -0.12 | -0.135 |
| Diluted weighted-average shares | 34,043,173 | 33,853,310,000 | 33,821,203 | -15,697,165 |
EMPIRE PETROLEUM CORP (EP)
EMPIRE PETROLEUM CORP (EP)