Empire Petroleum Corp
Empire Petroleum Corporation engages in the optimization and development of oil and gas interests in the United States. It operates its properties in New Mexico, North Dakota, Montana, Texas, and Louisiana. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and… Read more
Empire Petroleum Corp (EP) - Net Assets
Latest net assets as of September 2025: $53.66 Million USD
Based on the latest financial reports, Empire Petroleum Corp (EP) has net assets worth $53.66 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($122.99 Million) and total liabilities ($69.33 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $53.66 Million |
| % of Total Assets | 43.63% |
| Annual Growth Rate | -8.15% |
| 5-Year Change | N/A |
| 10-Year Change | 32691.82% |
| Growth Volatility | 245.5 |
Empire Petroleum Corp - Net Assets Trend (1999–2024)
This chart illustrates how Empire Petroleum Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Empire Petroleum Corp (1999–2024)
The table below shows the annual net assets of Empire Petroleum Corp from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $62.77 Million | +79.55% |
| 2023-12-31 | $34.96 Million | +50.44% |
| 2022-12-31 | $23.24 Million | +136.28% |
| 2021-12-31 | $9.83 Million | +153.33% |
| 2020-12-31 | $-18.44 Million | -273.40% |
| 2019-12-31 | $-4.94 Million | -3188.42% |
| 2018-12-31 | $-150.18K | -217.15% |
| 2017-12-31 | $128.19K | -57.46% |
| 2016-12-31 | $301.38K | +57.46% |
| 2015-12-31 | $191.41K | +131199.32% |
| 2014-12-31 | $-146.00 | -100.11% |
| 2013-12-31 | $136.44K | -56.58% |
| 2012-12-31 | $314.26K | +45.87% |
| 2011-12-31 | $215.44K | -5.54% |
| 2010-12-31 | $228.09K | -89.10% |
| 2009-12-31 | $2.09 Million | +100.55% |
| 2008-12-31 | $1.04 Million | -5.86% |
| 2007-12-31 | $1.11 Million | -23.03% |
| 2006-12-31 | $1.44 Million | +534.43% |
| 2005-12-31 | $227.02K | +373.42% |
| 2004-12-31 | $-83.03K | -186.74% |
| 2003-12-31 | $95.72K | +201.14% |
| 2002-12-31 | $-94.63K | -101.75% |
| 2001-12-31 | $5.41 Million | +856.41% |
| 2000-12-31 | $565.15K | -99.89% |
| 1999-12-31 | $526.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Empire Petroleum Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 157340419300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $93.19K | 0.15% |
| Other Components | $143.49 Million | 228.61% |
| Total Equity | $62.77 Million | 100.00% |
Empire Petroleum Corp Competitors by Market Cap
The table below lists competitors of Empire Petroleum Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boa Safra Sementes S.A
SA:SOJA3
|
$78.90 Million |
|
Cullman Bancorp Inc.
NASDAQ:CULL
|
$78.92 Million |
|
ITEK Inc
KQ:119830
|
$78.94 Million |
|
Bike24 Holding AG
F:BIKE
|
$78.95 Million |
|
Aekyung Industrial Co Ltd
KO:018250
|
$78.84 Million |
|
Alam Sutera Realty Tbk
JK:ASRI
|
$78.83 Million |
|
Tusimple Holdings Inc
PINK:TSPH
|
$78.83 Million |
|
FLAIR
NSE:FLAIR
|
$78.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empire Petroleum Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,956,460 to 62,765,184, a change of 27,808,724 (79.6%).
- Net loss of 16,197,989 reduced equity.
- Share repurchases of 31,113,390 reduced equity.
- New share issuances of 30,484,488 increased equity.
- Other factors increased equity by 44,635,615.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.20 Million | -25.81% |
| Share Repurchases | $31.11 Million | -49.57% |
| Share Issuances | $30.48 Million | +48.57% |
| Other Changes | $44.64 Million | +71.12% |
| Total Change | $- | 79.55% |
Book Value vs Market Value Analysis
This analysis compares Empire Petroleum Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.47x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $1775.88 | $3.07 | x |
| 2000-12-31 | $1.81 | $3.07 | x |
| 2001-12-31 | $12.48 | $3.07 | x |
| 2002-12-31 | $-0.19 | $3.07 | x |
| 2003-12-31 | $0.13 | $3.07 | x |
| 2004-12-31 | $-0.11 | $3.07 | x |
| 2005-12-31 | $0.27 | $3.07 | x |
| 2006-12-31 | $1.51 | $3.07 | x |
| 2007-12-31 | $0.99 | $3.07 | x |
| 2008-12-31 | $0.88 | $3.07 | x |
| 2009-12-31 | $1.65 | $3.07 | x |
| 2010-12-31 | $0.14 | $3.07 | x |
| 2011-12-31 | $0.12 | $3.07 | x |
| 2012-12-31 | $0.16 | $3.07 | x |
| 2013-12-31 | $0.07 | $3.07 | x |
| 2014-12-31 | $0.00 | $3.07 | x |
| 2015-12-31 | $0.09 | $3.07 | x |
| 2016-12-31 | $0.14 | $3.07 | x |
| 2017-12-31 | $0.05 | $3.07 | x |
| 2018-12-31 | $-0.05 | $3.07 | x |
| 2019-12-31 | $-0.99 | $3.07 | x |
| 2020-12-31 | $-3.25 | $3.07 | x |
| 2021-12-31 | $2.69 | $3.07 | x |
| 2022-12-31 | $0.98 | $3.07 | x |
| 2023-12-31 | $1.54 | $3.07 | x |
| 2024-12-31 | $2.09 | $3.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empire Petroleum Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -25.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.78%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.97x
- Recent ROE (-25.81%) is above the historical average (-141.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -188.32% | -111337.30% | 0.00x | 1.46x | $-1.04 Billion |
| 2000 | -28.49% | -5228.34% | 0.00x | 1.67x | $-217.55K |
| 2001 | -4.51% | -1966.16% | 0.00x | 1.36x | $-784.52K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.68 Million |
| 2003 | -582.97% | -341.02% | 0.29x | 5.98x | $-567.57K |
| 2004 | 0.00% | -233.37% | 0.15x | 0.00x | $-183.39K |
| 2005 | -69.68% | -274.69% | 0.08x | 3.29x | $-180.89K |
| 2006 | -22.08% | -310.35% | 0.05x | 1.35x | $-462.06K |
| 2007 | -124.66% | -13344.92% | 0.01x | 1.32x | $-1.49 Million |
| 2008 | -41.87% | -2065.80% | 0.02x | 1.07x | $-541.36K |
| 2009 | -10.32% | -2205.43% | 0.00x | 1.02x | $-425.29K |
| 2010 | -1152.18% | 0.00% | 0.00x | 1.65x | $-2.65 Million |
| 2011 | -114.85% | 0.00% | 0.00x | 1.52x | $-268.98K |
| 2012 | -80.51% | 0.00% | 0.00x | 1.03x | $-284.43K |
| 2013 | -166.98% | 0.00% | 0.00x | 1.68x | $-241.47K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-236.57K |
| 2015 | -91.39% | 0.00% | 0.00x | 1.04x | $-194.06K |
| 2016 | -126.75% | 0.00% | 0.00x | 1.27x | $-412.14K |
| 2017 | -647.51% | 0.00% | 0.00x | 2.95x | $-842.89K |
| 2018 | 0.00% | -288.61% | 0.18x | 0.00x | $-1.00 Million |
| 2019 | 0.00% | -114.23% | 0.53x | 0.00x | $-6.16 Million |
| 2020 | 0.00% | -281.11% | 0.53x | 0.00x | $-14.99 Million |
| 2021 | -189.29% | -67.26% | 0.55x | 5.09x | $-19.60 Million |
| 2022 | 30.49% | 13.30% | 0.74x | 3.08x | $4.76 Million |
| 2023 | -35.67% | -31.06% | 0.43x | 2.65x | $-15.97 Million |
| 2024 | -25.81% | -36.78% | 0.36x | 1.97x | $-22.47 Million |
Industry Comparison
This section compares Empire Petroleum Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empire Petroleum Corp (EP) | $53.66 Million | -188.32% | 1.29x | $78.89 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |