Empire Petroleum EP Firm Services — Revenues from customers
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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 firm services — revenues from customers?
- Empire Petroleum (EP) reported firm services — revenues from customers of $1.46B in Q1 2026.
- How has Empire Petroleum's firm services — revenues from customers changed year-over-year?
- Empire Petroleum's firm services — revenues from customers increased by 8.8% year-over-year, from $1.34B to $1.46B.
- What is the long-term trend for Empire Petroleum's firm services — revenues from customers?
- Over 4 years (2021 to 2025), Empire Petroleum's firm services — revenues from customers has grown at a 4.9% compound annual growth rate (CAGR), from $4.41B to $5.34B.
- What does firm services — revenues from customers mean?
- This metric represents the revenue generated from long-term, take-or-pay, or reservation-based contracts for pipeline capacity and storage services. These agreements provide customers with guaranteed access to infrastructure, ensuring stable and predictable cash flows for the company regardless of actual throughput volume. It serves as a primary indicator of the stability and contractual backing of the firm's midstream asset portfolio.