Empire Petroleum Corporation (EP)

Empire Petroleum Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.08	2.25	7.79	11.94	3.61	0.16
Cash & Short-Term Investments	1.08	2.25	7.79	11.94	3.61	0.16
Cash Growth	-69.04%	-71.11%	-34.76%	230.70%	2190.42%	-
Receivables	7.88	8.15	8.35	7.78	7.73	1.25
Inventory	1.5	1.3	1.43	1.84	1.04	0.53
Prepaid Expenses	1.11	0.64	0.76	1.05	0.68	0.28
Other Current Assets	-	-	0.41	0.12	0.06	-
Total Current Assets	11.57	12.35	18.74	22.73	13.12	2.22
Property, Plant & Equipment	110.69	110.09	72.4	45.31	30.68	8.23
Other Long-Term Assets	1.43	1.43	1.47	3.5	6.29	0.8
Total Assets	123.68	123.87	92.62	71.55	50.09	11.25
Accounts Payable	12.02	10.45	16.44	5.84	4.33	1.94
Accrued Expenses	2.43	2.6	2.33	9.46	5.84	2.7
Current Portion of Long-Term Debt	0.69	0.07	1.1	2.06	1.7	1.3
Current Portion of Leases	0.35	0.4	0.43	0.26	0.18	0.09
Other Current Liabilities	8.51	7.75	4.75	-	-	0.05
Total Current Liabilities	24.01	21.27	25.05	17.62	12.05	6.07
Long-Term Debt	11.56	11.27	4.6	5.14	6.91	7.72
Long-Term Leases	0.09	0.14	0.54	0.55	0.65	0.53
Other Long-Term Liabilities	28.95	28.42	27.47	25	20.64	15.36
Total Liabilities	64.61	61.1	57.66	48.31	40.26	29.69
Common Stock	0.09	0.09	0.09	0.08	0.08	0.02
Additional Paid-In Capital	144.02	143.49	99.49	75.3	68.99	22.15
Retained Earnings	-85.04	-80.82	-64.62	-52.15	-59.23	-40.62
Shareholders' Equity	59.08	62.77	34.96	23.24	9.83	-18.44
Total Liabilities & Equity	123.68	123.87	92.62	71.55	50.09	11.25
Total Debt	12.69	11.88	6.68	8	9.44	9.65
Net Cash (Debt)	-11.61	-9.63	1.11	3.94	-5.83	-9.49
Net Cash Growth	-	-	-71.72%	-	-	-
Net Cash Per Share	-0.36	-0.32	0.05	0.17	-0.40	-1.67
Filing Date Shares Outstanding	33.72	33.7	25.62	22.44	19.86	14.38
Total Common Shares Outstanding	33.71	33.67	25.5	22.09	19.84	6.22
Working Capital	-12.45	-8.92	-6.3	5.11	1.06	-3.85
Book Value Per Share	1.75	1.86	1.37	1.05	0.50	-2.96
Tangible Book Value	59.08	62.77	34.96	23.24	9.83	-18.44
Tangible Book Value Per Share	1.75	1.86	1.37	1.05	0.50	-2.96

Updated Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q