---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-23-000289"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T07:28:22.400485+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum reports FY2022 net income $7.1M; production up 46%, revenue up 95%

## Summary
- Full year 2022 net income $7.1M ($0.30 diluted EPS); adjusted net income $15.0M ($0.64 diluted EPS).
- Revenue rose 95% to $52.9M; net sales volumes up 46% to 2,163 Boe/d.
- Adjusted EBITDA increased threefold to $19.1M; year-end proved reserves up 27% to 13.2 MMBoe.
- Q4 2022 revenue $10.7M; net loss $2.3M ($0.10 loss per share); adjusted net income $0.1M.
- Liquidity of $12.2M at year-end 2022; debt reduced 16% to $7.2M.

## SEC filing metadata
- accession: 0001072613-23-000289
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261323000289/0001072613-23-000289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261323000289/emp_8k-18707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-23-000289
- JSON: https://secwatch.observer/filing/0001072613-23-000289.json
- Plain text: https://secwatch.observer/filing/0001072613-23-000289.txt

## Key facts
- Earnings Releases
  EMPIRE PETROLEUM CORP reported financial results for fourth quarter and full year 2022.
  - Period: fourth quarter and full year 2022
  - Result: reported results
  source text: On April 3, 2023, Empire Petroleum Corporation (the "Company") issued a press release announcing its financial and operating results for the fourth quarter and full year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/887396/000107261323000289/0001072613-23-000289-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.