{"schema_version":"secwatch.filing_event.v1","accession":"0001072613-23-000342","form_type":"8-K","ticker":"EP","cik":"0000887396","company_name":"EMPIRE PETROLEUM CORP","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.636935+00:00","generated_at":"2026-06-15T00:22:01.245851+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Empire Petroleum Q1 2023: revenue $10.1M, net loss $2.5M, volumes up 4% YoY","bullets":["Sales volumes 2,206 Boe/d (+4% YoY), 61% oil; revenue $10.1M.","Net loss $2.5M ($0.11 per diluted share); adjusted net loss $1.9M ($0.08).","Adjusted EBITDA $0.2M; liquidity $7.1M (cash $6.8M); working capital $2.3M.","Progress on Starbuck Program (96% WI) in North Dakota, leveraging 2022 pilot lessons."],"urls":{"canonical":"https://secwatch.observer/filing/0001072613-23-000342","json":"https://secwatch.observer/filing/0001072613-23-000342.json","markdown":"https://secwatch.observer/filing/0001072613-23-000342.md","text":"https://secwatch.observer/filing/0001072613-23-000342.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000342/0001072613-23-000342-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000342/emp_8k-18723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:22:01.245851+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9c75dc703deabb7459c4d18687d270d1649554e","claim":"EMPIRE PETROLEUM CORP reported first quarter of 2023 results: revenue $10.1 million, net income a net loss of $2.5 million, EPS $0.11 per diluted share.","evidence_excerpt":"Tulsa, Oklahoma – May 15, 2023 – Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), today announced operational and financial results for the first quarter of 2023. KEY FIRST QUARTER HIGHLIGHTS · Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day (“Boe/d”) (61% oil, 19% natural gas liquids (“NGLs”) and 20% natural gas) from 2,112 Boe/d (60% oil, 19% NGLs, and 21% natural gas) for the first quarter of 2022; · Reported revenue of $10.1 million, a net loss of $2.5 million, or $0.11 per diluted share, and an Adjusted Net Loss 1 of $1.9 million, or $0.08 per diluted share;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887396/000107261323000342/0001072613-23-000342-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$10.1 million"},{"label":"Net income","value":"a net loss of $2.5 million"},{"label":"EPS","value":"$0.11 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}