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Empire Petroleum EP Total Services Revenue — Revenues from customers

Other product segments

Service
$8.06B+6.7%
Oil And Gas Service
$2.36B
Firm Services
$1.46B+8.8%
Natural Gas Sales
$1.45B+46.3%
Product Other Than Natural Gas
$786M-4.1%
Feebasedservices
$707M+5.8%
Other sales
$44M+15.8%

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TRG
TRGPTotal Revenue
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PAATotal Revenue
$12.47B+8.7%

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 total services revenue — revenues from customers?
Empire Petroleum (EP) reported total services revenue — revenues from customers of $2.17B in Q1 2026.
How has Empire Petroleum's total services revenue — revenues from customers changed year-over-year?
Empire Petroleum's total services revenue — revenues from customers increased by 7.8% year-over-year, from $2.01B to $2.17B.
What does total services revenue — revenues from customers mean?
This metric represents the total revenue generated from providing midstream energy services, such as the transportation, storage, and processing of natural gas, crude oil, and refined products. It captures the income derived from fee-based contracts where the company charges for the utilization of its pipeline and terminal infrastructure rather than the sale of the underlying commodities. This revenue stream is a primary indicator of the company's operational throughput and the stability of its long-term service agreements.