{"schema_version":"secwatch.filing_event.v1","accession":"0001072613-26-000273","form_type":"8-K","ticker":"EP","cik":"0000887396","company_name":"EMPIRE PETROLEUM CORP","filed_at":"2026-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.931449+00:00","generated_at":"2026-05-15T12:14:44.918389+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Empire Petroleum posts FY2025 net loss of $72.1M; production 2,242 Boe/d, expands Texas gas plan to 12-30 wells","bullets":["Full-year 2025 total product revenue $34.2M, net loss $72.1M ($2.12/sh), adjusted EBITDA -$5.4M (vs +$0.7M in 2024).","Texas gas development program target expanded from 10-12 to 12-30 wells in 2026; compression capacity to reach 9.5 MMcfd in Q2-2026.","Subscription rights offering expanded to up to $10M; convertible note of $3M settled with 1,003,344 shares.","Hedged ~90% of estimated 2026 oil production at blended price >$72/bbl, vs $54 realized in Q4-2025.","New Mexico Commission denied Goodnight's SWD wells; both parties appealed; Empire plans further litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001072613-26-000273","json":"https://secwatch.observer/filing/0001072613-26-000273.json","markdown":"https://secwatch.observer/filing/0001072613-26-000273.md","text":"https://secwatch.observer/filing/0001072613-26-000273.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887396/000107261326000273/0001072613-26-000273-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887396/000107261326000273/emp_8k-19042.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:14:44.918389+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}