Here are the 10-K annual reports from Empire Petroleum Corporation (EP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow EP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EP filings page.
Empire Corporation reports its 2025 annual results as a U.S. onshore oil and gas producer with operations in New Mexico, North Dakota, Texas and Louisiana. Net production was 818,303 Boe in 2025 versus 884,076 Boe in 2024, with average realized prices falling to $41.75 per Boe from $49.76.
Proved developed reserves declined to 7,625 MBoe at December 31, 2025 from 9,227 MBoe a year earlier, and the company recorded a $51.3 million impairment loss. Empire ended 2025 with approximately $16.2 million of total indebtedness, negative working capital of $16.2 million and $1.2 million of cash, and acknowledges substantial doubt about its ability to continue as a going concern without additional funding.