For the year ending 2025-12-31, EP made $34,203,000 in revenue. -$72,074,000 in net income. Net profit margin of -210.72%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 34,203,000 | 43,650,292 | ||
| Lease operating expense | 25,223,000 | 27,545,028 | ||
| Production and ad valorem taxes | 2,854,000 | - | ||
| Depreciation, depletion & amortization | 10,595,000 | - | ||
| Depletion, depreciation & amortization | - | 9,256,254 | ||
| Impairment | 51,289,000 | - | ||
| Accretion of asset retirement obligation | 2,139,000 | 2,006,756 | ||
| General and administrative | 11,995,000 | 12,581,859 | ||
| Stock-based compensation | 1,423,000 | 2,155,774 | ||
| Production and ad valorem taxes | - | 3,770,078 | ||
| Total general and administrative | 13,418,000 | 14,737,633 | ||
| Total cost and expenses | 105,518,000 | 57,315,749 | ||
| Operating loss | -71,315,000 | -13,665,457 | ||
| Other income (expense) | - | -1,017,263 | ||
| Interest expense | 1,547,000 | -1,515,269 | ||
| Other income (expense) | 788,000 | - | ||
| Loss before taxes | -72,074,000 | -16,197,989 | ||
| Net loss | -72,074,000 | -16,197,989 | ||
| Basic EPS | -2.12 | -0.54 | ||
| Diluted EPS | -2.12 | -0.54 | ||
| Basic Average Shares | 34,056,054 | 30,064,856 | ||
| Diluted Average Shares | 34,056,054 | 30,064,856 | ||
EMPIRE PETROLEUM CORP (EP)
EMPIRE PETROLEUM CORP (EP)