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Empire Petroleum EP Feebasedservices — Revenues from customers

Other product segments

Service
$8.06B+6.7%
Oil And Gas Service
$2.36B
Total Services Revenue
$2.17B+7.8%
Firm Services
$1.46B+8.8%
Natural Gas Sales
$1.45B+46.3%
Product Other Than Natural Gas
$786M-4.1%
Other sales
$44M+15.8%

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Other financials

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

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Market cap$118.58M+17.7%
Enterprise value$29.92B+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×

Where this comes from

Reported directly by Empire Petroleum in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Empire Petroleum’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Empire Petroleum's feebasedservices — revenues from customers?
Empire Petroleum (EP) reported feebasedservices — revenues from customers of $707M in Q1 2026.
How has Empire Petroleum's feebasedservices — revenues from customers changed year-over-year?
Empire Petroleum's feebasedservices — revenues from customers increased by 5.8% year-over-year, from $668M to $707M.
What is the long-term trend for Empire Petroleum's feebasedservices — revenues from customers?
Over 4 years (2021 to 2025), Empire Petroleum's feebasedservices — revenues from customers has grown at a 6.5% compound annual growth rate (CAGR), from $2.11B to $2.72B.
What does feebasedservices — revenues from customers mean?
This metric represents the total revenue generated from contracts where the company provides transportation, storage, or processing services for a fixed fee, regardless of the underlying commodity price. These revenues are typically underpinned by long-term take-or-pay or capacity-reservation agreements that provide stable, predictable cash flows. This segment is central to the company's business model as it minimizes direct exposure to volatile energy commodity market fluctuations.