Empire Petroleum Corp financial data

Symbol
EP on NYSE
Industry
Crude Petroleum & Natural Gas
Location
2200 S. Utica Place, Suite 150, Tulsa, Oklahoma
State of incorporation
Delaware
Fiscal year end
December 31
Former names
AMERICOMM RESOURCES CORP (to 8/27/2001)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 77.4 % -41.1%
Quick Ratio 6.59 % -47.2%
Debt-to-equity 170 % -19.4%
Return On Equity -44.2 % -34.7%
Return On Assets -16.4 % -55.2%
Operating Margin -31.6 % -165%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31.4M shares +38.1%
Common Stock, Shares, Outstanding 31.4M shares +41.8%
Entity Public Float 113M USD
Common Stock, Value, Issued 90.9K USD +11.3%
Weighted Average Number of Shares Outstanding, Basic 29.8M shares +35%
Weighted Average Number of Shares Outstanding, Diluted 29.8M shares +35%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 42.5M USD -4.56%
General and Administrative Expense 14.7M USD +7.51%
Operating Income (Loss) -13.4M USD -153%
Nonoperating Income (Expense) -1.63M USD -130%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -16M USD -136%
Income Tax Expense (Benefit) -135K USD
Net Income (Loss) Attributable to Parent -15.9M USD -127%
Earnings Per Share, Basic -0.63 USD/shares -90.9%
Earnings Per Share, Diluted -0.63 USD/shares -103%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.26M USD +615%
Accounts Receivable, after Allowance for Credit Loss, Current 8.78M USD +14.2%
Inventory, Net 1.45M USD -5.67%
Assets, Current 20.3M USD +68.8%
Property, Plant and Equipment, Net 98.1M USD +95.5%
Operating Lease, Right-of-Use Asset 840K USD -0.6%
Assets 120M USD +90.6%
Accounts Payable, Current 13.6M USD +228%
Accrued Liabilities, Current 8.11M USD +39.4%
Liabilities, Current 23.8M USD +88.6%
Long-term Debt and Lease Obligation 520K USD -13.7%
Operating Lease, Liability, Noncurrent 339K USD -34%
Liabilities 61.3M USD +37.3%
Retained Earnings (Accumulated Deficit) -73M USD -27.9%
Stockholders' Equity Attributable to Parent 58.7M USD +220%
Liabilities and Equity 120M USD +90.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.91M USD
Net Cash Provided by (Used in) Financing Activities 8.89M USD
Net Cash Provided by (Used in) Investing Activities -17.1M USD -3855%
Common Stock, Shares Authorized 190M shares 0%
Common Stock, Shares, Issued 31.4M shares +41.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.18M USD -397%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.29M USD -89.6%
Deferred Tax Assets, Valuation Allowance 8.67M USD +17.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 16.3M USD +22.9%
Operating Lease, Liability 764K USD -7.25%
Depreciation 64K USD +18.5%
Payments to Acquire Property, Plant, and Equipment 2.1M USD
Lessee, Operating Lease, Liability, to be Paid 1.2M USD
Operating Lease, Liability, Current 426K USD +37.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 227K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 454K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 21.7K USD
Preferred Stock, Shares Issued 6 shares 0%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 132M USD +74.7%
Preferred Stock, Shares Outstanding 6 shares 0%
Depreciation, Depletion and Amortization 563K USD +40.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%