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) - Total Assets
Latest total assets as of September 2025: $122.99 Million USD
Based on the latest financial reports, Empire Petroleum Corp (EP) holds total assets worth $122.99 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Empire Petroleum Corp - Total Assets Trend (1999–2024)
This chart illustrates how Empire Petroleum Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Empire Petroleum Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Empire Petroleum Corp's total assets of $122.99 Million consist of 10.0% current assets and 90.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.25 Million | 1.8% |
| Accounts Receivable | $8.15 Million | 6.6% |
| Inventory | $1.30 Million | 1.1% |
| Property, Plant & Equipment | $110.09 Million | 88.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2024)
This chart illustrates how Empire Petroleum Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Empire Petroleum Corp's current assets represent 10.0% of total assets in 2024, an increase from 3.4% in 1999.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, down from 3.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is property, plant & equipment at 88.9% of total assets.
Empire Petroleum Corp Competitors by Total Assets
Key competitors of Empire Petroleum Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Empire Petroleum Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Empire Petroleum Corp generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Empire Petroleum Corp is currently not profitable relative to its asset base.
Empire Petroleum Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.63 | 0.43 | 0.37 |
| Quick Ratio | 0.58 | 0.38 | 0.28 |
| Cash Ratio | 0.20 | 0.12 | 0.00 |
| Working Capital | $-8.63 Million | $ -15.26 Million | $ -3.85 Million |
Empire Petroleum Corp - Advanced Valuation Insights
This section examines the relationship between Empire Petroleum Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.91 |
| Latest Market Cap to Assets Ratio | 0.64 |
| Asset Growth Rate (YoY) | 33.7% |
| Total Assets | $123.87 Million |
| Market Capitalization | $78.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Empire Petroleum Corp's assets below their book value (0.64 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Empire Petroleum Corp's assets grew by 33.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Empire Petroleum Corp (1999–2024)
The table below shows the annual total assets of Empire Petroleum Corp from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $123.87 Million | +33.74% |
| 2023-12-31 | $92.62 Million | +29.45% |
| 2022-12-31 | $71.55 Million | +42.83% |
| 2021-12-31 | $50.09 Million | +345.26% |
| 2020-12-31 | $11.25 Million | +2.13% |
| 2019-12-31 | $11.01 Million | +451.48% |
| 2018-12-31 | $2.00 Million | +428.69% |
| 2017-12-31 | $377.78K | -1.30% |
| 2016-12-31 | $382.74K | +91.77% |
| 2015-12-31 | $199.58K | +243290.24% |
| 2014-12-31 | $82.00 | -99.96% |
| 2013-12-31 | $228.59K | -29.53% |
| 2012-12-31 | $324.40K | -0.77% |
| 2011-12-31 | $326.93K | -13.32% |
| 2010-12-31 | $377.15K | -82.36% |
| 2009-12-31 | $2.14 Million | +91.69% |
| 2008-12-31 | $1.12 Million | -23.66% |
| 2007-12-31 | $1.46 Million | -25.11% |
| 2006-12-31 | $1.95 Million | +161.21% |
| 2005-12-31 | $746.75K | +38.36% |
| 2004-12-31 | $539.72K | -5.72% |
| 2003-12-31 | $572.44K | -6.45% |
| 2002-12-31 | $611.93K | -91.68% |
| 2001-12-31 | $7.36 Million | +680.15% |
| 2000-12-31 | $942.94K | -99.88% |
| 1999-12-31 | $768.64 Million | -- |