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Empire Petroleum EP Q1 2026 earnings

Reported May 15, 2026 · Before market open

Next report

Aug 13, 2026 (in a month)

Financials

Q1 2026

Income statement

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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

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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

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

Valuation & ratios

Valuation

as of 07/10/26
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Market cap$107.84M+17.7%
Enterprise value$29.91B+11.9%
P/E0.0×
P/S0.0×

Profitability

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

Returns & leverage

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

Segments

By product

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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

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

Versus estimates

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Questions, answered.

When did Empire Petroleum report Q1 2026 earnings?
Empire Petroleum (EP) reported Q1 2026 earnings on May 15, 2026 before market open.
What were Empire Petroleum's Q1 2026 revenue and EPS?
Empire Petroleum reported revenue of $7.7M and diluted EPS of $-0.10 for Q1 2026.
How did Empire Petroleum's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 14.5% from $9.0M a year earlier and diluted EPS grew 23.1% from $-0.13.
Where can I find Empire Petroleum's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001506307-26-000041) and the 10-Q periodic report (0001506307-26-000035) directly on SEC EDGAR. The filing index links above go to sec.gov.