earnings
confidence high
sentiment positive
materiality 0.65
Empire Petroleum Q2 2026: revenue up 27% to $11.1M, net loss narrows to $1.9M
EMPIRE PETROLEUM CORP
2026-Q2 EPS reported
-$0.22
revenue$14,608,000
- Q2-2026 product revenue $11.1M, up 27% YoY; net loss $1.9M ($0.05/share) vs $5.1M loss in Q2-2025.
- Adjusted EBITDA $0.4M vs -$1.2M in Q2-2025; production 1,825 Boe/d, down 23% YoY.
- Texas drilling rig arrived June; deep well logged to 21,006 ft across Travis Peak, Cotton Valley, Bossier, Haynesville.
- Louisiana three-well program: 25% WI funded by 1.8M shares at $3.00; completions targeted Q4-2026.
- Roth Capital ATM up to $7.5M (no shares issued); BLM leases added ~1,200 gross acres in North Dakota.