{"schema_version":"secwatch.filing_event.v1","accession":"0001072613-26-000451","form_type":"8-K","ticker":"EP","cik":"0000887396","company_name":"EMPIRE PETROLEUM CORP","filed_at":"2026-05-15T20:03:58+00:00","discovered_at":"2026-05-15T20:07:00.428292+00:00","generated_at":"2026-05-15T20:07:52.639400+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Empire Petroleum Q1 2026 net loss $6.6M; revenue $7.7M down 15% YoY; production falls 8%","bullets":["Q1 2026 net loss of $6.6M ($0.18/diluted share) vs. $4.2M loss in Q1 2025; Adjusted EBITDA –$0.7M vs. –$0.6M.","Revenue $7.7M, down 15% YoY; production 1,880 Boe/d (8% lower YoY) impacted by operational issues and weather.","Rights Offering raised $10M gross; $3M convertible note settled with equity; debt reduced $5M.","Texas gas: 3 wells reactivated (+45% net volumes vs Q4 2025); compression capacity expanded >500% to ~3 MMcfd.","Louisiana three-well program drilling by end of Q2; New Mexico regulatory appeal ongoing; expects op-ex reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0001072613-26-000451","json":"https://secwatch.observer/filing/0001072613-26-000451.json","markdown":"https://secwatch.observer/filing/0001072613-26-000451.md","text":"https://secwatch.observer/filing/0001072613-26-000451.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887396/000107261326000451/0001072613-26-000451-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887396/000107261326000451/emp_8k-19061.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T20:07:52.639400+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":"d427d0774664c705d5049ed3dc4f6873c0fb2927","claim":"EMPIRE PETROLEUM CORP reported financial results for first quarter 2026.","evidence_excerpt":"Empire Petroleum Corporation (the \"Company\") issued a press release announcing its financial and operating results for the first quarter 2026.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887396/000107261326000451/0001072613-26-000451-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"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"}