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Empire Petroleum EP Natural Gas Pipelines — CapEx

Other segment segments

Terminals
$70M-7.9%
CO2
$63M-35.1%
Products Pipelines
$38M-53.1%

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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:SegmentExpenditureAdditionToLongLivedAssets.

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 natural gas pipelines — capex?
Empire Petroleum (EP) reported natural gas pipelines — capex of $610M in Q1 2026.
How has Empire Petroleum's natural gas pipelines — capex changed year-over-year?
Empire Petroleum's natural gas pipelines — capex increased by 23.7% year-over-year, from $493M to $610M.
What is the long-term trend for Empire Petroleum's natural gas pipelines — capex?
Over 4 years (2021 to 2025), Empire Petroleum's natural gas pipelines — capex has grown at a 38.4% compound annual growth rate (CAGR), from $570M to $2.09B.
What does natural gas pipelines — capex mean?
This metric tracks the cash outflows used to acquire, maintain, or upgrade physical assets within the natural gas pipeline segment. It includes both growth capital for new pipeline projects and maintenance capital to ensure the safety and reliability of existing infrastructure. It is a key indicator of the company's long-term investment strategy and growth trajectory.