Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 42.41M | 44.04M | 40.14M | 53.27M | 27.68M | 5.99M |
Gross Profit | 3.23M | 40.27M | 5.38M | 23.80M | 9.79M | 2.52M |
EBITDA | -4.43M | -4.89M | -8.08M | 10.02M | -6.16M | -12.27M |
Net Income | -16.44M | -16.20M | -12.47M | 7.08M | -18.61M | -16.84M |
Balance Sheet | ||||||
Total Assets | 123.68M | 123.87M | 92.62M | 71.55M | 50.09M | 11.25M |
Cash, Cash Equivalents and Short-Term Investments | 1.08M | 2.25M | 7.79M | 11.94M | 3.61M | 157.69K |
Total Debt | 12.69M | 11.88M | 6.68M | 8.00M | 9.44M | 9.65M |
Total Liabilities | 64.61M | 61.10M | 57.66M | 48.31M | 39.26M | 29.69M |
Stockholders Equity | 59.08M | 62.77M | 34.96M | 23.24M | 10.83M | -18.44M |
Cash Flow | ||||||
Free Cash Flow | -32.68M | -47.71M | -26.88M | 4.61M | -16.74M | -2.24M |
Operating Cash Flow | 3.86M | 6.16M | -9.89M | 18.06M | 3.17M | -1.72M |
Investing Cash Flow | -39.53M | -53.87M | -14.77M | -11.41M | -24.72M | 856.29K |
Financing Cash Flow | 33.26M | 42.17M | 20.50M | 1.69M | 25.00M | 1.02M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Neutral | $232.79M | 9.56 | -5.66% | 4.00% | -31.28% | -1265.13% | |
69 Neutral | $160.88M | 2.20 | 8.52% | ― | -4.51% | -10.09% | |
68 Neutral | $14.94B | 9.81 | 6.34% | 5.24% | 4.13% | -66.99% | |
56 Neutral | $164.68M | 89.30 | -1.24% | 10.00% | 3.79% | -131.01% | |
54 Neutral | $253.96M | ― | 203.83% | 2.26% | -5.05% | -383.38% | |
51 Neutral | $193.55M | ― | -36.23% | ― | 6.28% | 13.18% | |
51 Neutral | $172.41M | 21.67 | -4.07% | ― | -2.39% | -425.29% |
Empire Petroleum Corporation announced a registered rights offering on June 30, 2025, with a record date set for July 10, 2025. The offering aims to raise up to $5.0 million, including $2.5 million from the exercise of warrants, by distributing subscription rights to existing common stockholders, allowing them to purchase additional shares and warrants.
On June 17, 2025, Empire Petroleum Corporation issued a Promissory Note for $4,000,000 to Phil E. Mulacek, with an initial advance of $2,000,000. The note matures on June 17, 2027, with an interest rate of 5.5% per annum, increasing to 9% after maturity. The company can request additional advances and has provisions for repayment upon equity sales.
On June 12, 2025, Empire Petroleum Corporation held its Annual Meeting of Stockholders, where 87.15% of outstanding shares were represented. Stockholders elected three directors, approved executive compensation, and ratified Grant Thornton LLP as the independent accounting firm for 2025.