# EMPIRE PETROLEUM CORPORATION (EP) · Edgar & Edgarette company card

> Empire Petroleum (EP) saw revenue fall 22.3% in FY2025 to $34 million, operating margin -209% against a 16.8% median for crude petroleum & natural gas, equity -7.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 887396 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/EP) · [JSON](https://www.pops4.com/boards/company/EP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $34M |
| Revenue growth, 1 year | -22.3% |
| Revenue growth per year | 5.6% |
| Operating margin | -208.5% (prior year -31.1%) |
| Net margin | -210.7% |
| Operating cash flow | −$4M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $1M |
| Long-term debt | — |
| Total assets | $66M |
| Total equity | −$5M |
| Equity ÷ assets | -7.0% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -16.52 (distress zone)
- Piotroski F: 2 of 9 (weak)
- Health Harbor boat: Rotting at the dock · four or more warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -208.5% in FY2025; revenue is hard to predict: its 80% range is ±75%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $34.2M (FY2025). Experience: revenue down 22.3% on the year, up 5.6% a year over 4 years; operating margin -208.5%, down from -31.1%. Soundness: equity -7.0% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $10.4M and $74.1M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $9.1M to $85.2M. A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): operating margin -208.5% against a 16.8% median; growth -22.3% against 7.8%.

Range logged 2026-09-24, receipt dab52b27c92fbe12, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-06-22 ([filing](https://www.sec.gov/Archives/edgar/data/887396/000107261326000535/0001072613-26-000535-index.htm))

## Recent filings

- 8-K · filed 2026-09-16 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/887396/000107261326000771/0001072613-26-000771-index.htm)
- 8-K · filed 2026-08-17 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/887396/000107261326000688/0001072613-26-000688-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/887396/000110465926097162/0001104659-26-097162-index.htm)
- 8-K · filed 2026-06-22 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/887396/000107261326000535/0001072613-26-000535-index.htm)
- 8-K · filed 2026-05-15 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/887396/000107261326000451/0001072613-26-000451-index.htm)
- 10-Q · filed 2026-05-14 · [filing](https://www.sec.gov/Archives/edgar/data/887396/000110465926061187/0001104659-26-061187-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000887396.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=887396

## Cite

POPS4, Edgar & Edgarette: EMPIRE PETROLEUM CORPORATION (EP) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/EP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.