EP · XBRL financial data
Empire Petroleum financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (EP's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 11* | 9 | 13 | 11 | 10* | 9 | 9 | 9 | 7* | 5 | 10 |
| General and administrative | 3 | 5* | 4 | 3 | 4 | 4* | 4 | 3 | 3 | 3* | 3 | 3 |
| Total operating expenses | 12 | 16* | 14 | 15 | 15 | 14* | 13 | 14 | 13 | 66* | 11 | 11 |
| Operating income (loss) | (3) | (4)* | (4) | (2) | (3) | (4)* | (4) | (5) | (4) | (59)* | (6) | (2) |
| Interest expense | — | — | — | — | 0 | 0* | 0 | 0 | 0 | 1* | 0 | 0 |
| Other income (expense) | — | — | — | — | (0) | 0* | 0 | 0 | 0 | 0* | 0 | 0 |
| Income tax expense (benefit) | (0) | 0* | — | — | — | — | — | — | — | — | — | — |
| Net income (loss) | (3) | (5)* | (4) | (4) | (4) | (4)* | (4) | (5) | (4) | (59)* | (7) | (2) |
| Earnings per share, basic USD per share | (0.12) | (0.20)* | (0.15) | (0.15) | (0.12) | (0.13)* | (0.12) | (0.15) | (0.11) | — | (0.18) | (0.05) |
| Earnings per share, diluted USD per share | (0.12) | (0.20)* | (0.15) | (0.15) | (0.12) | (0.13)* | (0.12) | (0.15) | (0.11) | — | (0.18) | (0.05) |
| Weighted average shares, basic millions of shares | 23 | 24* | 26 | 30 | 32 | 33* | 34 | 33,853 | 34 | — | 36 | 41 |
| Weighted average shares, diluted millions of shares | 23 | 24* | 26 | 30 | 32 | 33* | 34 | 33,853 | 34 | — | 36 | 41 |
Balance sheet
CSVFiscal quarters (EP's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 11 | 8 | 3 | 9 | 3 | 2 | 1 | 2 | 5 | 1 | 9 | 3 |
| Accounts receivable | 7 | 8 | 7 | 9 | 7 | 8 | 8 | 10 | 8 | 5 | 6 | 7 |
| Inventory | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Total current assets | 20 | 19 | 14 | 20 | 12 | 12 | 12 | 15 | 15 | 8 | 17 | 12 |
| Property and equipment, net | 54 | 72 | 84 | 98 | 108 | 110 | 111 | 109 | 107 | 56 | 60 | 68 |
| Right-of-use asset | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 76 | 93 | 100 | 120 | 121 | 124 | 124 | 125 | 123 | 66 | 78 | 81 |
| Accounts payable | 6 | 16 | 17 | 14 | 18 | 10 | 12 | 12 | 11 | 11 | 13 | — |
| Accrued liabilities | 6 | 7 | 7 | 8 | 8 | 10 | 11 | 11 | 12 | 13 | 13 | 13 |
| Current portion of long-term debt | 5 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 2 |
| Total current liabilities | 19 | 25 | 27 | 24 | 27 | 21 | 24 | 26 | 23 | 24 | 29 | 28 |
| Lease liability, non-current | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 57 | 58 | 68 | 61 | 65 | 61 | 65 | 70 | 69 | 70 | 74 | 74 |
| Accumulated deficit | (60) | (65) | (69) | (73) | (77) | (81) | (85) | (90) | (94) | (153) | (160) | (161) |
| Total stockholders' equity | 19 | 35 | 32 | 59 | 57 | 63 | 59 | 55 | 54 | (5) | 4 | 7 |
| Total liabilities and equity | 76 | 93 | 100 | 120 | 121 | 124 | 124 | 125 | 123 | 66 | 78 | 81 |
| Common shares outstanding (cover page) millions of shares | 23 | 26 | 30 | 31 | 34 | 34 | 34 | 34 | 35 | 35 | 40 | 42 |
Cash flows
CSVFiscal quarters (EP's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (3) | (5)* | (4) | (4) | (4) | (4)* | (4) | (5) | (4) | (59)* | (7) | (2) |
| Stock-based compensation | 0* | 1* | 1 | 1* | 0* | 1* | 1 | 0* | 0* | 0* | 0 | 0* |
| Depreciation and amortization | 1* | 1* | 1 | 3* | 3 | 2* | 2 | 3 | 3 | 3* | 1 | 1 |
| Net cash from operating activities | 2* | (4)* | 4 | (2)* | 13* | (9)* | 2 | (3)* | 0* | (3)* | (1) | (3)* |
| Purchases of property and equipment | 0* | — | — | — | — | — | — | — | — | — | — | — |
| Net cash from investing activities | (4)* | (9)* | (17) | (13)* | (19)* | (5)* | (3) | (0)* | (0)* | (1)* | (1) | (3)* |
| Proceeds from issuing common stock | — | — | — | — | — | 10* | — | — | — | 0* | 10 | 0* |
| Repayments of long-term debt | 1* | 5* | 0 | 0* | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* |
| Net cash from financing activities | 12* | 10* | 9 | 21* | (0)* | 12* | (0) | 5* | 2* | 1* | 10 | (0)* |
| Net change in cash | — | — | — | — | — | (1)* | (1) | 1* | 2* | (3)* | 8 | (6)* |
Compare with peers
SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Empire Petroleum | 3.1 | 9.5 | (2.8)* | 41.6M | 1.1 quarters | 10-QJun 30, 2026 |
| Prairie Operating | 0 | 99 | 52* | 112.8M | — | 10-QJun 30, 2026 |
| Amplify Energy | 21 | 53 | 2.8* | 41.5M | — | 10-QJun 30, 2026 |
| Evolution Petroleum | 6.1 | 24* | 6.8* | 40.2M | — | 10-KJun 30, 2026 |
| Epsilon Energy | 11 | not reported | 12* | 30.3M | — | 10-QJun 30, 2026 |
| Gran Tierra Energy | 127 | 187 | 57* | 35.4M | — | 10-QJun 30, 2026 |
| Ring Energy | 1.1 | 105 | 41* | 260.5M | — | 10-QJun 30, 2026 |
| W&T Offshore | 191 | 167 | 37* | 154.9M | — | 10-QSep 30, 2026 |
| Laredo Oil | 0.1 | not reported | (0.8) | 85.9M | — | 10-QAug 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.