Skip to content
Empire Petroleum logo

Empire Petroleum

EP

Kinder Morgan is a leading energy infrastructure company that operates a vast network of pipelines and terminals across North America.

Market cap
$107.84M-42.4%
Revenue$17.5B+13.1%
Net income$3.3B+28.3%
Free cash flow$3.2B+12.4%
EPS (diluted)$1.49+28.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)

Financials

Q1 2026

Income statement

See full
Revenue$4.8B+13.8%
Gross profit$3.1B+11.4%
Operating income$1.4B+26.1%
Net income$976.0M+36.1%
EPS (diluted)$0.44+37.5%

Balance sheet

See full
Cash & equivalents$72.0M-10.0%
Total debt$29.9B-0.3%
Total equity$31.3B+2.3%
Total assets$73.1B+1.0%

Cash flow

See full
Operating cash flow$1.5B+28.3%
CapEx$804.0M+5.0%
Free cash flow$687.0M+73.5%

Valuation & ratios

Valuation

See full
Market cap$107.84M-42.4%
Enterprise value$29.91B-6.5%
P/E0.0×
P/S0.0×

Profitability

See full
Gross margin66.9%-2.7pp
Operating margin28.7%+0.9pp
Net margin18.9%+2.2pp
FCF margin18.2%-0.1pp

Returns & leverage

See full
Return on equity10.7%+2.2pp
Debt / equity0.0×
Current ratio0.5×+0.1×

Segments

By product

See full
Total Services Revenue$2.2B+7.8%
Firm Services$1.5B+8.8%
Natural Gas Sales$1.5B+46.3%
Product Other Than Natural Gas$786.0M-4.1%
Feebasedservices$707.0M+5.8%

By segment

See full
Natural Gas Pipelines$3.3B+19.7%
Products Pipelines$687.0M+3.6%
Terminals$565.0M+9.1%
Co2$305.0M-2.2%

Competitors

Profile

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.

Competitive position

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

GeographiesUnited States, Canada, Mexico
Customer segmentsUtilities, Industrial, Energy Producers, Refiners
Business modelFee-for-service, Take-or-pay contracts, Commodity sales
SuppliersOil and gas exploration and production companies, Steel and pipeline manufacturers, Energy equipment suppliers
CustomersPower generation facilities, Local gas distribution utilities, Refineries, Industrial manufacturing plants, Export facilities
Listed1995
Employees50.0
CEOMichael R. Morrisett
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Empire Petroleum's market cap?
Empire Petroleum (EP) has a market capitalization of $107.8M and trades on AMEX.
What is Empire Petroleum's revenue and profitability?
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.
Who are Empire Petroleum's competitors?
Empire Petroleum's key competitors include Enterprise Products Partners L.P., Enbridge Inc., Energy Transfer LP, and others. These companies compete in similar markets and product categories.
Who does Empire Petroleum partner with?
Empire Petroleum's notable partners include Outrigger Energy.
What subsidiaries does Empire Petroleum have?
Empire Petroleum's subsidiaries include EagleHawk.
Where is Empire Petroleum headquartered?
Empire Petroleum is headquartered in United States of America and employs approximately 50 people. It has been publicly traded since 1995.