Non-Current Liabilities

Long-Term Debt

Empire Petroleum Long-Term Debt decreased by 2.9% to $29.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $29.97B to $29.87B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows relatively stable performance with a -0.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.

Detailed definition

Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...

Peer comparison

Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.

Metric ID: long_term_debt

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$31.08B$30.00B$30.67B$28.76B$28.55B$29.11B$28.40B$29.35B$28.63B$27.87B$28.07B$30.17B$28.65B$30.05B$29.88B$29.97B$31.87B$31.50B$30.78B$29.87B
QoQ Change-3.5%+2.2%-6.2%-0.7%+1.9%-2.4%+3.3%-2.4%-2.7%+0.7%+7.5%-5.0%+4.9%-0.6%+0.3%+6.4%-1.2%-2.3%-2.9%
YoY Change-8.1%-3.0%-7.4%+2.0%+0.3%-4.2%-1.2%+2.8%+0.1%+7.8%+6.5%-0.7%+11.2%+4.8%+3.0%-0.3%
Range$27.87B$31.87B
CAGR-0.8%
Avg YoY Growth+0.8%
Median YoY Growth+0.2%
Current Streak3 quarters decline

Frequently Asked Questions

What is Empire Petroleum's long-term debt?
Empire Petroleum (EP) reported long-term debt of $29.87B in Q1 2026.
How has Empire Petroleum's long-term debt changed year-over-year?
Empire Petroleum's long-term debt decreased by 0.3% year-over-year, from $29.97B to $29.87B.
What is the long-term trend for Empire Petroleum's long-term debt?
Over 5 years (2020 to 2025), Empire Petroleum's long-term debt has grown at a -0.9% compound annual growth rate (CAGR), from $32.13B to $30.78B.
What does long-term debt mean?
Money the company has borrowed that doesn't need to be paid back for at least a year.