Empire Petroleum Files 2024 Annual Report
Ticker: EP · Form: 10-K · Filed: Mar 27, 2025 · CIK: 887396
| Field | Detail |
|---|---|
| Company | Empire Petroleum CORP (EP) |
| Form Type | 10-K |
| Filed Date | Mar 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, oil-and-gas, financials
TL;DR
Empire Petroleum dropped its 2024 10-K. Check financials for oil & gas biz.
AI Summary
Empire Petroleum Corp. filed its 10-K for the fiscal year ended December 31, 2024, on March 27, 2025. The company, primarily involved in crude petroleum and natural gas extraction, reported financial data for the fiscal years 2024 and 2023. The filing provides details on its financial condition and operational performance, including balance sheet information and income statement figures.
Why It Matters
This 10-K filing provides investors and analysts with a comprehensive overview of Empire Petroleum Corp.'s financial health and operational results for the 2024 fiscal year, crucial for understanding the company's performance and future prospects in the energy sector.
Risk Assessment
Risk Level: medium — As a company in the volatile crude petroleum and natural gas sector, Empire Petroleum faces inherent risks related to commodity prices, regulatory changes, and operational challenges.
Key Numbers
- 12574753 — Total Assets (As of December 31, 2024, indicating the company's resource base.)
- 8670606 — Total Liabilities (As of December 31, 2024, showing the company's debt obligations.)
Key Players & Entities
- EMPIRE PETROLEUM CORP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end for the reported period
- 2025-03-27 (date) — Filing date of the 10-K
- CRUDE PETROLEUM & NATURAL GAS [1311] (industry) — Company's Standard Industrial Classification
- TULSA (location) — City of company's business and mailing address
FAQ
What were Empire Petroleum Corp.'s total revenues for the fiscal year ended December 31, 2024?
The provided text does not explicitly state the total revenues for the fiscal year ended December 31, 2024. It focuses on balance sheet and other financial statement data points.
What is the company's primary line of business as indicated by its SIC code?
The company's Standard Industrial Classification (SIC) code is CRUDE PETROLEUM & NATURAL GAS [1311], indicating its primary business is in the extraction of crude petroleum and natural gas.
When was the 10-K filing submitted to the SEC?
The 10-K filing was submitted to the SEC on March 27, 2025.
What is the company's principal executive office location?
The company's principal executive office is located at 2200 S. UTICA PLACE, SUITE 150, TULSA, OK 74114.
Did Empire Petroleum Corp. have any former company names?
Yes, the company was formerly known as AMERICOMM RESOURCES CORP (name change effective November 15, 1995) and AMERICOMM CORP (name change effective March 28, 1993).
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 27, 2025 regarding EMPIRE PETROLEUM CORP (EP).