Empire Petroleum Corp Total Assets
Empire Petroleum Corp total assets. 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. Also see Empire Petroleum Corp (EP) cash flow conversion for how efficiently the company converts equity into cash flow.
Total Assets of Empire Petroleum Corp (1999–2024)
Total assets of Empire Petroleum Corp from 1999 to 2024. This chart illustrates how Empire Petroleum Corp's total assets have evolved over time, based on quarterly financial data. See EP share price today for real-time trading data and today's change.
Empire Petroleum Corp - Asset Composition Analysis
Empire Petroleum Corp Total Assets Breakdown (December 2024)
Empire Petroleum Corp total assets breakdown as of December 2024. Empire Petroleum Corp's total assets of $122.99 Million consist of 10.0% current assets and 90.0% non-current assets. Explore Empire Petroleum Corp (EP) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
| 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 |
|---|---|---|
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
Whitecap Resources Inc.
TO:WCP
|
Canada | CA$19.21 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
Baytex Energy Corp
TO:BTE
|
Canada | CA$3.17 Billion |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
Germany | €32.19 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$2.01 Billion |
|
Northern Oil & Gas Inc
NYSE:NOG
|
USA | $5.83 Billion |
|
Freehold Royalties Ltd.
TO:FRU
|
Canada | CA$1.37 Billion |
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 | 0.75 |
| Asset Growth Rate (YoY) | 33.7% |
| Total Assets | $123.87 Million |
| Market Capitalization | $92.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Empire Petroleum Corp's assets below their book value (0.75x), 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 | -- |
About 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