# Empire Petroleum Corp: overview

EP · NYSE · CIK 887396 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ep.md) · [Financials](/companies/ep/financials.md) · [Filings](/companies/ep/filings.md) · [Insiders](/companies/ep/insiders.md)

Latest reported revenue: [$9.5m](/filings/0001104659-26-097162.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-097162).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [11.4](/filings/0001104659-25-112537.md) | [10.1 d](/filings/0001104659-26-027675.md) | [9.0](/filings/0001104659-26-061187.md) | [8.8](/filings/0001104659-26-097162.md) | [9.4](/filings/0001104659-25-112537.md) | [7.1 d](/filings/0001104659-26-027675.md) | [5.1](/filings/0001104659-26-061187.md) | [9.5](/filings/0001104659-26-097162.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(30.0%)](/filings/0001104659-25-112537.md) | [(38.9%) d](/filings/0001104659-26-027675.md) | [(43.9%)](/filings/0001104659-26-061187.md) | [(56.0%)](/filings/0001104659-26-097162.md) | [(37.8%)](/filings/0001104659-25-112537.md) | [(834.5%) d](/filings/0001104659-26-027675.md) | [(109.4%)](/filings/0001104659-26-061187.md) | [(16.2%)](/filings/0001104659-26-097162.md) |
| Net margin | % | [(32.0%)](/filings/0001104659-25-112537.md) | [(41.6%) d](/filings/0001104659-26-027675.md) | [(46.9%)](/filings/0001104659-26-097162.md) | [(57.8%)](/filings/0001104659-26-097162.md) | [(40.9%)](/filings/0001104659-25-112537.md) | [(835.1%) d](/filings/0001104659-26-027675.md) | [(130.2%)](/filings/0001104659-26-097162.md) | [(19.5%)](/filings/0001104659-26-097162.md) |
| Diluted EPS | $ per share | [(0.12)](/filings/0001104659-25-112537.md) | not reported | [(0.12)](/filings/0001104659-26-061187.md) | [(0.15)](/filings/0001104659-26-097162.md) | [(0.11)](/filings/0001104659-25-112537.md) | not reported | [(0.18)](/filings/0001104659-26-061187.md) | [(0.05)](/filings/0001104659-26-097162.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [27.1](/filings/0001072613-23-000285.md) | [52.9](/filings/0001072613-24-000353.md) | [40.1](/filings/0001072613-25-000246.md) | [43.7](/filings/0001104659-26-027675.md) | [34.2](/filings/0001104659-26-027675.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(1.7%)](/filings/0001072613-23-000285.md) | [16.6%](/filings/0001072613-24-000353.md) | [(29.0%)](/filings/0001072613-25-000246.md) | [(31.3%)](/filings/0001104659-26-027675.md) | [(208.5%)](/filings/0001104659-26-027675.md) |
| Net margin | % | [(68.7%)](/filings/0001072613-23-000285.md) | [13.4%](/filings/0001072613-24-000353.md) | [(31.1%)](/filings/0001072613-25-000246.md) | [(37.1%)](/filings/0001104659-26-027675.md) | [(210.7%)](/filings/0001104659-26-027675.md) |
| Diluted EPS | $ per share | [(1.27)](/filings/0001072613-23-000285.md) | [0.30](/filings/0001072613-24-000353.md) | [(0.55)](/filings/0001072613-25-000246.md) | [(0.54)](/filings/0001104659-26-027675.md) | [(2.12)](/filings/0001104659-26-027675.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ep/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.8m | 662,546 |  | Added +87,289 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $639.0k | 238,289 |  | Reduced −189,933 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $567.7k | 211,830 |  | Reduced −695,599 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $418.1k | 155,999 |  | New +155,999 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $334.1k | 124,683 |  | Added +16,477 |
| [&PARTNERS](/funds/107136.md) | 2026-06-30 | $297.1k | 110,857 |  | Unchanged |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $237.9k | 88,768 |  | New +88,768 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $177.7k | 66,304 |  | Added +52,418 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $173.4k | 64,693 |  | New +64,693 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $168.3k | 62,783 |  | Added +16,769 |

## Recent filings

[All 548 filings](/companies/ep/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 06:48 ET | [SCHEDULE 13D/A](/filings/0001072613-26-000838.md) | Ownership report, active investor, amended | 0001072613-26-000838 |
| 2026-09-16 | 16:27 ET | [8-K](/filings/0001072613-26-000771.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001072613-26-000771 |
| 2026-08-17 | 16:08 ET | [8-K](/filings/0001072613-26-000688.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001072613-26-000688 |
| 2026-08-14 | 16:15 ET | [10-Q](/filings/0001104659-26-097162.md) | Quarterly report, period 2026-06-30 | 0001104659-26-097162 |
| 2026-07-07 | 16:23 ET | [SCHEDULE 13D/A](/filings/0001072613-26-000568.md) | Ownership report, active investor, amended | 0001072613-26-000568 |
| 2026-06-22 | 16:55 ET | [8-K](/filings/0001072613-26-000535.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001072613-26-000535 |
| 2026-05-15 | 16:03 ET | [8-K](/filings/0001072613-26-000451.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001072613-26-000451 |
| 2026-05-14 | 16:16 ET | [10-Q](/filings/0001104659-26-061187.md) | Quarterly report, period 2026-03-31 | 0001104659-26-061187 |
| 2026-05-01 | 16:04 ET | [8-K](/filings/0001072613-26-000368.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001072613-26-000368 |
| 2026-04-30 | 16:40 ET | [DEF 14A](/filings/0001072613-26-000353.md) | Proxy statement, period 2026-06-17 | 0001072613-26-000353 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-027675.md), filed Mar 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/fec38a9c-467d-4be3-acae-a4e519c75f9e)

## About the filer

- CIK: 887396
- Tickers: EP
- Exchange: NYSE
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 06:51 ET. No prices; not investment advice.
