Empire Petroleum Financials
| EP Stock | USD 7.24 0.68 8.59% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.71 | 0.7483 |
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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.
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Empire | Select Account or Indicator |
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.
The data published in Empire Petroleum's official financial statements usually reflect Empire Petroleum's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Empire Petroleum Corp. For example, before you start analyzing numbers published by Empire accountants, it's critical to develop an understanding of what Empire Petroleum's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Empire Petroleum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Empire Petroleum's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Empire Petroleum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Empire Petroleum Corp. Please utilize our Beneish M Score to check the likelihood of Empire Petroleum's management manipulating its earnings.
Empire Petroleum Stock Summary
Empire Petroleum competes with Evolution Petroleum, Ring Energy, Gran Tierra, Permian Resources, and PEDEVCO Corp. 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 |
| Instrument | USA Stock View All |
| Exchange | NYSE MKT Exchange |
| ISIN | US2920343033 |
| CUSIP | 292034303 292034204 292034105 |
| Location | Oklahoma; U.S.A |
| Business Address | 2200 South Utica |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | NYSE Composite |
| Website | empirepetroleumcorp.com |
| Phone | 539 444 8002 |
| Currency | USD - US Dollar |
You should never invest in Empire Petroleum without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Empire Stock, because this is throwing your money away. Analyzing the key information contained in Empire Petroleum's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Empire Petroleum Key Financial Ratios
Generally speaking, Empire Petroleum's financial ratios allow both analysts and investors to convert raw data from Empire Petroleum's financial statements into concise, actionable information that can be used to evaluate the performance of Empire Petroleum over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Empire Petroleum Corp reports annually and quarterly.| Return On Equity | -0.55 | |||
| Profit Margin | (0.35) % | |||
| Operating Margin | (0.39) % |
Empire Petroleum Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 11.0M | 11.2M | 50.1M | 71.5M | 92.6M | 97.2M | |
| Other Current Liab | 11.9K | 45.7K | 5.8M | 9.5M | 7.1M | 4.1M | |
| Net Debt | 7.8M | 9.5M | 5.8M | (3.9M) | (1.1M) | (1.1M) | |
| Retained Earnings | (23.8M) | (40.6M) | (59.2M) | (52.1M) | (64.6M) | (67.8M) | |
| Cash | 0.0 | 157.7K | 3.6M | 11.9M | 7.8M | 8.2M | |
| Other Current Assets | 247.7K | 281.9K | 734.4K | 1.2M | 1.2M | 1.2M | |
| Total Liab | 16.0M | 29.7M | 39.3M | 48.3M | 57.7M | 60.5M | |
| Total Current Assets | 1.7M | 2.2M | 13.1M | 22.7M | 18.7M | 19.7M | |
| Short Term Debt | 96.7K | 1.4M | 1.9M | 2.3M | 1.5M | 1.5M | |
| Common Stock | 20.4K | 24.9K | 79.4K | 81.6K | 85.0K | 80.8K | |
| Net Receivables | 982.8K | 1.3M | 7.7M | 7.8M | 8.4M | 8.8M | |
| Accounts Payable | 1.0M | 1.9M | 4.3M | 5.8M | 16.4M | 17.3M | |
| Long Term Debt | 7.7M | 7.7M | 6.9M | 5.1M | 4.6M | 4.6M | |
| Long Term Debt Total | 7.7M | 8.3M | 7.6M | 5.1M | 5.9M | 4.7M | |
| Capital Surpluse | 18.8M | 22.2M | 70.0M | 75.3M | 86.6M | 90.9M | |
| Cash And Equivalents | 0.0 | 157.7K | 3.6M | 11.9M | 13.7M | 14.4M | |
| Net Tangible Assets | (150.2K) | (4.9M) | (18.4M) | 10.8M | 12.5M | 13.1M | |
| Net Invested Capital | 2.9M | (9.4M) | 19.4M | 30.4M | 40.7M | 42.7M | |
| Short Long Term Debt | 96.7K | 1.3M | 1.7M | 2.1M | 1.1M | 1.2M | |
| Capital Stock | 20.4K | 24.9K | 79.4K | 81.6K | 85.0K | 56.6K | |
| Net Working Capital | (531.2K) | (3.9M) | 1.1M | 5.1M | (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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 5.8M | 6.0M | 28.5M | 53.3M | 40.1M | 42.1M | |
| Gross Profit | 2.1M | 2.5M | 23.9M | 23.8M | 3.6M | 2.7M | |
| Operating Income | (6.2M) | (10.7M) | 522.0K | 8.8M | (11.6M) | (12.1M) | |
| Ebit | (6.2M) | (10.7M) | 522.0K | 8.8M | (11.6M) | (11.0M) | |
| Ebitda | (2.8M) | (7.5M) | 3.0M | 11.3M | (6.3M) | (6.0M) | |
| Cost Of Revenue | 3.7M | 3.5M | 4.6M | 29.5M | 36.5M | 38.3M | |
| 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 Expense | 503.6K | 521.2K | 9.0M | 208.9K | (132.2K) | (125.6K) | |
| Interest Expense | 503.6K | 521.2K | 8.6M | 509.5K | 1.0M | 601.3K | |
| Interest Income | 503.6K | 521.2K | 13.1M | 509.5K | 586.0K | 556.7K | |
| Net Interest Income | (503.6K) | (521.2K) | (8.6M) | (509.5K) | (833.8K) | (875.4K) |
Empire Petroleum Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (84.6K) | 157.7K | 3.5M | 8.3M | (4.2M) | (3.9M) | |
| Free Cash Flow | (6.8M) | (2.2M) | (16.7M) | 4.6M | (26.9M) | (25.5M) | |
| Depreciation | 3.7M | 4.0M | 3.9M | 2.2M | 5.3M | 5.5M | |
| Other Non Cash Items | 5.5M | 14.0M | 23.8M | 5.3M | (2.4M) | (2.3M) | |
| Capital Expenditures | 6.2M | 513.5K | 19.9M | 13.4M | 17.0M | 17.8M | |
| Net Income | (6.7M) | (16.8M) | (18.6M) | 7.1M | (12.5M) | (13.1M) | |
| End Period Cash Flow | 590.2K | 157.7K | 3.6M | 11.9M | 7.8M | 8.2M | |
| Net Borrowings | 1.2M | 6.5M | 499.7K | 13.7M | 15.8M | 16.5M | |
| Change To Netincome | 1.8M | 10.1M | 12.5M | 6.7M | 7.7M | 5.9M | |
| 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 model that can be used if you cannot value Empire Petroleum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Empire Petroleum's Stock. Still, instead, it compares the stock's price multiples to a benchmark or 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 twenty with a total number of output elements of fourty-one. 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.
About Empire Petroleum Financials
What exactly are Empire Petroleum Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Empire Petroleum's income statement, its balance sheet, and the statement of cash flows. Potential Empire Petroleum investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Empire Petroleum investors may use each financial statement separately, they are all related. The changes in Empire Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Empire Petroleum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Empire Petroleum Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Empire Petroleum is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Empire has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Empire Petroleum's financials are consistent with your investment objective using the following steps:- Review Empire Petroleum's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Empire Petroleum's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Empire Petroleum's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Empire Petroleum's stock is overvalued or undervalued.
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
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
| Petroleum and Natural Gas | View |
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.
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Empire Petroleum June 3, 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.
| Downside Deviation | 4.45 | |||
| Information Ratio | 0.0858 | |||
| Maximum Drawdown | 17.53 | |||
| Value At Risk | (6.63) | |||
| Potential Upside | 6.67 |
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.