Last quarter (Q3 2023), Empire Petroleum's total revenue was $9.15M, a decrease of -37.99% from the same quarter last year. In Q3, Empire Petroleum's net income was $14.19M. See Empire Petroleum’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ -15.27M	$ 52.89M	$ 174.61K	$ 5.99M	$ 5.83M	$ 352.37K
Cost of Revenue	-	-	-	$ 8.34M	$ 8.07M	$ 153.01K
Gross Profit	$ -25.43M	$ 52.89M	$ 174.61K	$ -2.35M	$ -2.24M	$ 199.37K
Operating Expense	$ 88.06M	$ 44.10M	$ 27.57M	$ 8.30M	$ 3.94M	$ 1.23M
Operating Income	$ -46.35M	$ 8.78M	$ -27.39M	$ -10.65M	$ -6.18M	$ -1.03M
Net Non Operating Interest Income Expense	$ -399.08K	-	$ -13.10M	$ -521.19K	$ -503.61K	$ -101.18K
Other Income Expense	$ -60.24M	$ 897.47K	$ -24.16M	$ -5.66M	$ 33.64K	$ 113.08K
Pretax Income	$ -11.17M	$ 7.29M	$ -18.61M	$ -16.84M	$ -6.65M	$ -1.02M
Tax Provision	$ 73.92K	$ 208.90K	$ 893.52K	-	-	-
Earnings From Equity Interest Net Of Tax	-	-	$ -3.17M	-	-	-
Net Income Common Stockholders	$ 16.17M	$ 65.84M	$ -18.61M	$ -16.84M	$ -6.65M	$ -1.02M
Basic EPS	$ -0.46	$ 0.34	$ -1.27	$ -2.96	-	-
Diluted EPS	$ -0.44	$ 0.30	$ -1.27	$ -2.96	-	-
Basic Average Shares	$ 87.93M	$ 21.00M	$ 14.63M	$ 5.68M	-	-
Diluted Average Shares	$ 90.32M	$ 23.39M	$ 14.63M	$ 5.68M	-	-
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 88.06M	$ 44.10M	$ 27.57M	$ 16.64M	$ 12.01M	$ 1.38M
Interest Expense	-	-	-	$ 521.19K	$ 503.61K	$ 101.18K
Net Income From Continuing And Discontinued Operation	$ -9.96M	$ 7.08M	$ -18.61M	$ -16.84M	$ -6.65M	$ -1.02M
Normalized Income	$ -5.60M	$ 6.70M	-	$ -11.17M	$ -6.69M	$ -1.13M
EBIT	$ -10.77M	$ 7.29M	$ -5.51M	$ -16.31M	$ -6.15M	$ -915.95K
EBITDA	$ -11.57M	$ 9.51M	$ -3.01M	$ -13.17M	$ -2.80M	$ -900.42K

Currency in USD

Empire Petroleum Earnings and Revenue History

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