Empire Petroleum Financials

EP Stock  USD 6.45  0.28  4.16%   
Empire Petroleum Corp is not in a good financial situation at this time. It has a very high risk of going through financial distress in January. At this time, Empire Petroleum's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/04/2024, Liabilities And Stockholders Equity is likely to grow to about 97.2 M, though Net Debt is likely to grow to (1.1 M). Key indicators impacting Empire Petroleum's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.710.7483
Notably Down
Very volatile
Investors should never underestimate Empire Petroleum's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Empire Petroleum's cash flow, debt, and profitability to make informed and accurate decisions about investing in Empire Petroleum Corp.

Cash And Equivalents

14.42 Million

  
Understanding current and past Empire Petroleum Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Empire Petroleum's financial statements are interrelated, with each one affecting the others. For example, an increase in Empire Petroleum's assets may result in an increase in income on the income statement.

Empire Petroleum Stock Summary

Empire Petroleum competes with Evolution Petroleum, Ring Energy, Gran Tierra, PEDEVCO Corp, and Antero Resources. Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, New Mexico, North Dakota, Montana, and Texas. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma. Empire Petroleum operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 31 people.
Foreign Associate
  Canada
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS2920343033
CUSIP292034303 292034204 292034105
LocationOklahoma; U.S.A
Business Address2200 South Utica
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websiteempirepetroleumcorp.com
Phone539 444 8002
CurrencyUSD - US Dollar

Empire Petroleum Key Financial Ratios

Empire Petroleum Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.0M11.2M50.1M71.5M92.6M97.2M
Other Current Liab11.9K2.7M5.8M9.2M7.1M4.3M
Net Debt7.8M9.5M5.8M(3.9M)(1.1M)(1.1M)
Retained Earnings(23.8M)(40.6M)(59.2M)(52.1M)(64.6M)(67.8M)
Cash0.0157.7K3.6M11.9M7.8M8.2M
Other Current Assets247.7K281.9K734.4K1.2M1.2M1.2M
Total Liab16.0M29.7M39.3M48.3M57.7M60.5M
Total Current Assets1.7M2.2M13.1M22.7M18.7M19.7M
Short Term Debt96.7K1.5M1.9M2.6M1.5M1.5M
Common Stock20.4K24.9K79.4K81.6K85.0K80.8K
Net Receivables982.8K1.3M7.7M7.8M8.4M8.8M
Accounts Payable1.0M1.9M4.3M5.8M16.4M17.3M
Long Term Debt7.7M7.7M6.9M5.1M4.6M4.6M
Long Term Debt Total7.7M8.3M7.6M5.1M5.9M4.7M
Capital Surpluse18.8M22.2M70.0M75.3M86.6M90.9M
Cash And Equivalents0.0157.7K3.6M11.9M13.7M14.4M
Net Tangible Assets(150.2K)(4.9M)(18.4M)10.8M12.5M13.1M
Net Invested Capital2.9M(9.4M)19.4M30.4M40.7M42.7M
Short Long Term Debt96.7K1.3M1.7M2.1M1.1M1.2M
Capital Stock20.4K24.9K79.4K81.6K85.0K56.6K
Net Working Capital(531.2K)(3.9M)1.1M5.1M(6.3M)(6.0M)

Empire Petroleum Key Income Statement Accounts

The reason investors look at the income statement is to determine what Empire Petroleum's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue5.8M6.0M28.5M53.3M40.1M42.1M
Gross Profit2.1M2.5M23.9M23.8M5.4M2.8M
Operating Income(6.2M)(10.7M)522.0K8.8M(11.6M)(12.2M)
Ebit(6.2M)(16.3M)(10.0M)9.5M(11.6M)(11.0M)
Ebitda(2.8M)(12.3M)(6.2M)13.0M(8.1M)(7.7M)
Cost Of Revenue3.7M3.5M4.6M29.5M34.8M36.5M
Income Before Tax(6.7M)(16.8M)(18.6M)7.3M(12.6M)(13.2M)
Net Income(7.2M)(17.4M)(27.6M)7.1M(12.5M)(13.1M)
Income Tax Expense503.6K521.2K9.0M208.9K(132.2K)(125.6K)
Interest Expense503.6K521.2K8.6M509.5K1.0M601.3K
Interest Income503.6K521.2K13.1M509.5K586.0K556.7K
Net Interest Income(503.6K)(521.2K)(8.6M)(509.5K)(833.8K)(875.4K)

Empire Petroleum Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(84.6K)157.7K3.5M8.3M(4.2M)(3.9M)
Free Cash Flow(6.8M)(2.2M)(16.7M)4.6M(26.9M)(25.5M)
Depreciation3.7M4.0M3.9M2.2M5.3M5.5M
Other Non Cash Items5.5M14.0M23.8M5.3M(288.0K)(273.6K)
Capital Expenditures6.2M513.5K19.9M13.4M17.0M17.8M
Net Income(6.7M)(16.8M)(18.6M)7.1M(12.5M)(13.1M)
End Period Cash Flow590.2K157.7K3.6M11.9M7.8M8.2M
Net Borrowings1.2M6.5M499.7K13.7M15.8M16.5M
Change To Netincome1.8M10.1M12.5M6.7M7.7M5.9M
Investments(6.2M)856.3K(24.7M)(11.4M)(12.1M)(12.7M)

Empire Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Empire Petroleum's current stock value. Our valuation model uses many indicators to compare Empire Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Empire Petroleum competition to find correlations between indicators driving Empire Petroleum's intrinsic value. More Info.
Empire Petroleum Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Empire Petroleum's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Empire Petroleum by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Empire Petroleum Corp Systematic Risk

Empire Petroleum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Empire Petroleum volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Empire Petroleum Corp correlated with the market. If Beta is less than 0 Empire Petroleum generally moves in the opposite direction as compared to the market. If Empire Petroleum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Empire Petroleum Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Empire Petroleum is generally in the same direction as the market. If Beta > 1 Empire Petroleum moves generally in the same direction as, but more than the movement of the benchmark.

Empire Petroleum Thematic Clasifications

Empire Petroleum Corp is part of Petroleum and Natural Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Petroleum and Natural GasView
This theme covers USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Empire Petroleum Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Empire Petroleum's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Empire Petroleum growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0617

At this time, Empire Petroleum's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Empire Petroleum December 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Empire Petroleum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Empire Petroleum Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Empire Petroleum Corp based on widely used predictive technical indicators. In general, we focus on analyzing Empire Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Empire Petroleum's daily price indicators and compare them against related drivers.

Additional Tools for Empire Stock Analysis

When running Empire Petroleum's price analysis, check to measure Empire Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.