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Empire Petroleum EP Natural Gas Pipelines — Depreciation, depletion, and amortization

Other segment segments

Terminals
$131M+1.6%
Co2
$114M+22.6%
Products Pipelines
$84M-12.5%

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$19M+5.6%
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SOGas Pipeline Investments — Depreciation and Amortization Excluding Nuclear Fuel
$1M0.0%
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OKENatural Gas Liquids — D&A
$107M-5.3%

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:DepreciationDepletionAndAmortization.

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 — depreciation, depletion, and amortization?
Empire Petroleum (EP) reported natural gas pipelines — depreciation, depletion, and amortization of $297M in Q1 2026.
How has Empire Petroleum's natural gas pipelines — depreciation, depletion, and amortization changed year-over-year?
Empire Petroleum's natural gas pipelines — depreciation, depletion, and amortization increased by 3.5% year-over-year, from $287M to $297M.
What is the long-term trend for Empire Petroleum's natural gas pipelines — depreciation, depletion, and amortization?
Over 4 years (2021 to 2025), Empire Petroleum's natural gas pipelines — depreciation, depletion, and amortization has grown at a 1.6% compound annual growth rate (CAGR), from $1.1B to $1.17B.
What does natural gas pipelines — depreciation, depletion, and amortization mean?
This represents the non-cash expense allocated to the natural gas pipeline segment to account for the wear and tear of physical assets and the amortization of intangible assets over time. It is a critical component for calculating EBITDA and understanding the capital intensity of the pipeline network. High levels reflect a large, asset-heavy infrastructure base.