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Empire Petroleum

EPAMEXStock Fundamentals

Kinder Morgan is a leading energy infrastructure company that operates a vast network of pipelines and terminals across North America. The company specializes in the transportation, storage, and handling of natural gas, refined petroleum products, crude oil, and carbon dioxide. Its core value proposition centers on providing critical midstream services that connect energy producers with end-use markets through long-term, fee-based contracts.

Market Cap$99.2M
Revenue TTM$17.5B
Net Income TTM$3.3B
P/E Ratio0.030
Net Margin18.92%
EPS TTM$1.49
Free Cash Flow TTM$3.2B
Employees50.0
CEOMichael R. Morrisett
CountryUnited States of America
Energy
Oil & Gas Exploration & Production
SegmentsOil & Gas Midstream, Energy Infrastructure, Logistics
Business ModelsFee-for-service, Take-or-pay contracts, Commodity sales
Most Recent EarningsMar 16, 2026 · 1 month agoQ4 2025
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Next EarningsMay 13, 2026 · In 1 weekBefore Market Open · Q1 2026

Financials

Based on Q4 2025 filing

Gross Margin66.89%
Op. Margin28.66%
ROE10.71%
D/E95.36%
Current Ratio0.522
Total Debt$29.9B
Cash$72.0M
CapEx TTM$3.1B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Natural Gas Pipelines

primary

This segment focuses on the transportation and storage of natural gas and renewable natural gas (RNG) through an extensive interstate and intrastate pipeline network. It serves as a critical link between major supply basins and demand centers like power plants and local distribution companies.

Products

Natural Gas Transportation, Natural Gas Storage, Renewable Natural Gas (RNG)

Customers

Electric Utilities, Local Distribution Companies, Industrial Users, Energy Producers

Products Pipelines

major

Operates pipelines and terminals that transport and store refined petroleum products, including gasoline, diesel, and jet fuel, as well as crude oil and natural gas liquids (NGLs).

Products

Refined Petroleum Products, Crude Oil, Natural Gas Liquids (NGL), Transmix

Customers

Refiners, Wholesalers, Marketers, Airlines

Terminals

moderate

Provides handling and storage services for bulk and liquid commodities, including chemicals, ethanol, and metals, at strategic port and inland locations.

Products

Liquid Storage, Bulk Material Handling, Renewable Identification Numbers (RINs)

Customers

Chemical Companies, Commodity Traders, Industrial Manufacturers

CO2

moderate

Produces, transports, and markets carbon dioxide for use in enhanced oil recovery (EOR) projects and produces crude oil from its own EOR interests.

Products

Carbon Dioxide (CO2), Crude Oil Production

Customers

Oil Producers, Industrial CO2 Users

Segment Financials

Natural Gas Pipelines — Revenues from customers

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Natural Gas Pipelines — Fuel and power

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Natural Gas Pipelines — Total Assets

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Products Pipelines — Revenues from customers

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Products Pipelines — Fuel and power

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Products Pipelines — Total Assets

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Terminals — Revenues from customers

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Terminals — Leasing services

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Terminals — Costs of sales (exclusive of items shown separately below)

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CO2 — Revenues from customers

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CO2 — Costs of sales (exclusive of items shown separately below)

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CO2 — Earnings from equity investments

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Business Overview

Competitive Position

One of the largest energy infrastructure companies in North America, maintaining a dominant position in natural gas transportation and independent terminal operations.

Geographies

United States, Canada, Mexico

Customer Segments

Utilities, Industrial, Energy Producers, Refiners

Upstream Dependencies

Oil and gas exploration and production companies, Steel and pipeline manufacturers, Energy equipment suppliers

Downstream Customers

Power generation facilities, Local gas distribution utilities, Refineries, Industrial manufacturing plants, Export facilities

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Empire Petroleum FAQ

Common questions about Empire Petroleum

Kinder Morgan is a leading energy infrastructure company that operates a vast network of pipelines and terminals across North America. The company specializes in the transportation, storage, and handling of natural gas, refined petroleum products, crude oil, and carbon dioxide. Its core value proposition centers on providing critical midstream services that connect energy producers with end-use markets through long-term, fee-based contracts.

Empire Petroleum (EP) has a market capitalization of $99.2M and trades on AMEX.

Empire Petroleum generated $17.5B in trailing twelve-month revenue with net income of $3.3B, representing a net margin of 18.9%. Gross margin stands at 66.9%, with free cash flow of $3.2B. These figures are based on the Q1 2026 filing.

Empire Petroleum's key competitors include Enterprise Products Partners L.P., Williams Companies, Inc., Enbridge Inc., and others. These companies compete in similar markets and product categories.

Empire Petroleum has approximately 50 employees.