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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›EP

EP

EMPIRE PETROLEUM CORP

Next earnings Aug 11, 2026

Last earnings -6.5% on 2026-05-15

Avoid
$2.61
▼ -5.78%
$2.61▼ -52.80%
over 1Y
L $2.44EODHDH $6.13
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-5.8%
1W-6.1%
1M+6.5%
3M-15.0%
YTD-14.1%
1Y-52.8%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Avoid
Quality
F
Valuation
Fair value
Filings
Watch
Avoid
Conviction
Horizon
Medium (3–12mo)

Conservative balance sheet (liabilities/equity -15.30x); but revenue fell -21.6% YoY.

Revenue (FY2025) $34.2M · FY2025

EMPIRE PETROLEUM CORP shows $34.2M in FY2025 revenue (-21.6% YoY), a -210.7% net margin.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$27.1M$52.9M$40.1M$43.6M$34.2M
Gross profit—————
Operating income-$473K$8.78M-$11.6M-$13.7M-$71.3M
Net income-$18.6M$7.08M-$12.5M-$16.2M-$72.1M
Diluted EPS-$1.27$0.30-$0.55-$0.54-$2.12
Net margin-68.7%13.4%-31.1%-37.1%-210.7%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$103M
EV / EBITDA—
EV / Sales3.0
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-77.9%
FCF yield-4.3%

Quality & risk

ROIC (est.)—
Free cash flow-$3.93M
Total debt$11.9M
Net cash-$10.7M
Altman Z-Score-5.81 distress
Piotroski F-Score2/8

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+5.1%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-06-22
  2. 8-K Earnings results2026-05-15
  3. 10-Q Quarterly report2026-05-14
  4. 8-K Material agreement2026-05-01
  5. DEF 14A Proxy statement2026-04-30
  6. 8-K Other event2026-03-19
  7. 8-K Other event2026-03-18
  8. 8-K Earnings results2026-03-16
  9. 10-K Annual report2026-03-13

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-06-172026-06-22open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-05-292026-06-02open ↗8-KPeriod ending 2026-05-152026-05-15open ↗10-QPeriod ending 2026-03-312026-05-14open ↗8-KPeriod ending 2026-05-012026-05-01open ↗424B5Filing2026-05-01open ↗

Quality score

F
ValueGrowthProfitHealthMom.
ValueB
GrowthF
ProfitabilityF
Financial healthF
Momentum—
  • ✗Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✓Liabilities below 2× equity
Revenue
$34.2M
-21.6% YoY
Net margin
-210.7%
ROE
—
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$34.2M-21.6%
Net income-$72.1M-345.0%
Operating income-$71.3M-421.8%
Diluted EPS-$2.12-292.6%
Cash & equivalents$1.19M-47.2%
Total assets$65.9M-46.8%
Total liabilities$70.5M+15.3%
Stockholders' equity-$4.61M-107.3%
Op.: -208.5%L/E: -15.30x

Frequently asked

Is EMPIRE PETROLEUM CORP (EP) a buy?
EP currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Conservative balance sheet (liabilities/equity -15.30x); but revenue fell -21.6% YoY.
What is EMPIRE PETROLEUM CORP's quality score?
EP scores 30.705882352941174/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0000887396, latest 10-Q filed 2026-05-14) · EODHD · as of 6/26/2026, 7:37:14 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 1 open-market buy · 0 sales

2026-06-16
Watson Matthew E.
Chief Accounting Officer
Award9.00K
2026-06-16
Vann J Kevin
Director
Award10.0K
2026-06-16
Mulacek Phil E
Director
Award10.0K
2026-06-16
Matschke Mason H.
Director
Award10.0K
2026-06-16
Marchive Benjamin J. II
Director
Award10.0K
2026-06-16
Lewis Andrew Lloyd
Director
Award10.0K
2026-05-29
Matschke Mason H.
Director
Buy7.78K @ $2.54$19.8K
2026-04-15
Mulacek Phil E
Director
Exercise2.09M @ $2.99$6.25M
2026-04-15
Mulacek Phil E
Director
Exercise67.1K @ $2.99$201K
2026-04-15
Mulacek Phil E
Director
Exercise51.7K @ $2.99$155K
2026-04-15
Mulacek Phil E
Director
Exercise45.4K @ $2.99$136K
2026-04-15
Mulacek Phil E
Director
Exercise620.00 @ $2.99$1.85K

Dividends

Irregular
Yield (TTM)
—
Annual / share
—
Last ex-date
2012-03-01
Last amount
$0.01
ex 2012-03-01paid 2012-04-02$0.01
ex 2011-11-30paid 2012-01-03$0.01
ex 2011-08-31paid 2011-10-03$0.01
ex 2011-06-01paid 2011-07-01$0.01
ex 2011-03-02paid 2011-04-01$0.01
ex 2010-12-01paid 2011-01-03$0.01

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-05-15—▼ -6.45%8-K ↗
2026-03-16—▼ -1.29%8-K ↗
2025-11-17—▲ +2.80%8-K ↗
2025-08-14—▼ -5.03%8-K ↗
2025-05-15—▲ +5.85%8-K ↗
2025-03-28—▼ -4.76%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
NRP vs. EP: Which Energy Stock Offers Better Prospects?Bullish
finance.yahoo.com· 2026-06-24
Empire Petroleum GAAP EPS of -$0.18, revenue of $5.1MBullish
seekingalpha.com· 2026-05-15
Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk PerceptionsBullish
finance.yahoo.com· 2026-04-30
Empire Petroleum (EP) To Participate in Louisiana Oil and Gas Development ProgramBullish
finance.yahoo.com· 2026-03-31
February 2026 Penny Stocks Worth WatchingBullish
finance.yahoo.com· 2026-02-05
Empire Petroleum GAAP EPS of -$0.11, revenue of $9.4M
seekingalpha.com· 2025-11-17

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score31 vs 67
Revenue growth-21.6% vs 7.1%
Net margin-210.7% vs 10.5%
Return on equity— vs 12.3%
P/E— vs 25.5

News sentiment

EODHD · 3d
Bullish
+0.05
vs typical · 3 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.