---
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"
generated_at: "2026-05-15T12:14:44.918389+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum posts FY2025 net loss of $72.1M; production 2,242 Boe/d, expands Texas gas plan to 12-30 wells

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- 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/887396/000107261326000273/0001072613-26-000273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261326000273/emp_8k-19042.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-26-000273
- JSON: https://secwatch.observer/filing/0001072613-26-000273.json
- Plain text: https://secwatch.observer/filing/0001072613-26-000273.txt

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