---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-25-000258"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:31:16.453172+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum reports FY 2024 net loss $16.2M on $44M revenue; Q4 oil output up 22% YoY

## Summary
- Full year 2024 product revenue of $44.0M; net loss of $16.2M ($0.54 diluted EPS); adjusted EBITDA of $0.7M.
- Q4 2024 net sales 2,356 Boe/d (1,581 Bbl/d oil), up 22% YoY oil volumes; product revenue $10.1M, net loss $4.2M.
- Year-end 2024 proved reserves: 9.2 MMBoe; SEC PV-10 value $98.4M; future net cash flows $156.4M (undiscounted).
- Completed two oversubscribed rights offerings totaling $30.7M in 2024; credit facility raised from $10M to $20M.
- EOR progress: NDIC approved two more injector conversions; patent filed for hydrocarbon vaporization tech; expects to resolve production issues in Q2 2025.

## SEC filing metadata
- accession: 0001072613-25-000258
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261325000258/0001072613-25-000258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261325000258/emp_8k-18939.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-25-000258
- JSON: https://secwatch.observer/filing/0001072613-25-000258.json
- Plain text: https://secwatch.observer/filing/0001072613-25-000258.txt

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