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Empire Petroleum Corp balance sheet

At the end of fiscal 2025, Empire Petroleum Corp had total assets of $65.9m, total liabilities of $70.5m and shareholders' equity of −$4.6m. It held $1.2m in cash against $1.7m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Empire Petroleum Corp: balance sheet, annual
Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents00004128213
Receivables00—1888857
Inventory——01121111
Total current assets002213231912812
Total assets0211115072931246681
Accounts payable001246161011—
Total current liabilities0126121825212428
Short-term debt————6761112
Long-term debt—181145111—
Total debt018158871123
Total liabilities021630404858617074
Shareholders' equity0−0−5−1810233563−57
Shares outstanding———6m—22m26m34m35m42m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

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Figures from Empire Petroleum Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Empire Petroleum Corp.