Empire Historical Balance Sheet

EP Stock

USD 4.92 0.18 3.53%

Trend analysis of Empire Petroleum Corp balance sheet accounts such as Other Current Liabilities of 20.6 M provides information on Empire Petroleum's total assets, liabilities, and equity, which is the actual value of Empire Petroleum Corp to its prevalent stockholders. By breaking down trends over time using Empire Petroleum balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Empire Petroleum Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Empire Petroleum Corp is a good buy for the upcoming year.

Empire Petroleum Inventory

1.04 Million

Build AI portfolio with Empire Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Empire Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Empire Petroleum Corp at a specified time, usually calculated after every quarter, six months, or one year. Empire Petroleum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Empire Petroleum and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Empire currently owns. An asset can also be divided into two categories, current and non-current.

Empire Petroleum Balance Sheet Chart

At this time, Empire Petroleum's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 07/24/2025, Total Liabilities is likely to grow to about 64.2 M, while Retained Earnings are likely to drop (84.9 M).

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of Empire Petroleum assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Empire Petroleum Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Empire Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Empire Petroleum Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Empire Petroleum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Empire Petroleum Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	8.0M	6.7M	11.9M	9.7M
Total Assets	71.5M	92.6M	123.9M	130.1M

Short Long Term Debt Total Total Assets

Empire Petroleum balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Net Receivables	Current Deferred Revenue	Non Current Liabilities Total	Inventory	Long Term Debt	Long Term Debt Total
Total Assets		0.98	0.99	0.99	1.0	0.15	0.97	-0.98	0.89	1.0	0.97	0.89	0.03	0.94	0.98	0.98	0.71	0.97	0.97	0.06	0.04	-0.35	0.03	-0.2	-0.02	-0.02
Short Long Term Debt Total	0.98		0.95	1.0	0.99	-0.02	1.0	-1.0	0.86	0.99	0.99	0.86	-0.13	0.91	1.0	0.95	0.62	1.0	0.99	-0.09	-0.11	-0.28	-0.1	-0.33	-0.11	-0.11
Other Current Liab	0.99	0.95		0.96	0.97	0.29	0.93	-0.94	0.86	0.98	0.93	0.86	0.17	0.92	0.95	0.98	0.74	0.93	0.93	0.15	0.15	-0.35	0.16	-0.12	0.11	0.11
Total Current Liabilities	0.99	1.0	0.96		1.0	0.05	0.99	-1.0	0.89	1.0	0.99	0.89	-0.06	0.93	1.0	0.96	0.67	0.99	0.99	-0.01	-0.04	-0.33	-0.05	-0.27	-0.1	-0.1
Total Stockholder Equity	1.0	0.99	0.97	1.0		0.08	0.98	-0.99	0.87	1.0	0.98	0.87	-0.04	0.91	0.99	0.96	0.65	0.98	0.98	-0.01	-0.04	-0.38	-0.05	-0.28	-0.09	-0.1
Property Plant And Equipment Net	0.15	-0.02	0.29	0.05	0.08		-0.06	0.04	0.16	0.12	-0.09	0.16	0.95	0.23	-0.03	0.29	0.57	-0.09	-0.09	0.89	0.89	-0.16	0.9	0.71	0.8	0.79
Net Debt	0.97	1.0	0.93	0.99	0.98	-0.06		-1.0	0.82	0.98	0.99	0.82	-0.18	0.87	0.99	0.92	0.55	0.99	0.99	-0.14	-0.17	-0.25	-0.14	-0.4	-0.13	-0.13
Retained Earnings	-0.98	-1.0	-0.94	-1.0	-0.99	0.04	-1.0		-0.86	-0.99	-1.0	-0.86	0.15	-0.9	-1.0	-0.93	-0.6	-1.0	-1.0	0.11	0.13	0.32	0.14	0.35	0.16	0.16
Cash	0.89	0.86	0.86	0.89	0.87	0.16	0.82	-0.86		0.88	0.85	1.0	0.15	0.98	0.86	0.91	0.88	0.85	0.85	0.19	0.23	-0.37	0.15	0.12	-0.03	-0.03
Non Current Assets Total	1.0	0.99	0.98	1.0	1.0	0.12	0.98	-0.99	0.88		0.98	0.88	0.01	0.93	0.99	0.97	0.69	0.98	0.98	0.04	0.01	-0.35	0.01	-0.24	-0.04	-0.04
Non Currrent Assets Other	0.97	0.99	0.93	0.99	0.98	-0.09	0.99	-1.0	0.85	0.98		0.85	-0.19	0.88	1.0	0.92	0.57	1.0	1.0	-0.15	-0.18	-0.32	-0.18	-0.39	-0.21	-0.21
Cash And Short Term Investments	0.89	0.86	0.86	0.89	0.87	0.16	0.82	-0.86	1.0	0.88	0.85		0.15	0.98	0.86	0.91	0.88	0.85	0.85	0.19	0.23	-0.37	0.15	0.12	-0.03	-0.03
Common Stock Shares Outstanding	0.03	-0.13	0.17	-0.06	-0.04	0.95	-0.18	0.15	0.15	0.01	-0.19	0.15		0.16	-0.14	0.18	0.55	-0.19	-0.2	0.88	0.87	-0.09	0.89	0.82	0.76	0.74
Other Current Assets	0.94	0.91	0.92	0.93	0.91	0.23	0.87	-0.9	0.98	0.93	0.88	0.98	0.16		0.9	0.97	0.87	0.89	0.88	0.24	0.25	-0.31	0.21	0.07	0.07	0.07
Other Stockholder Equity	0.98	1.0	0.95	1.0	0.99	-0.03	0.99	-1.0	0.86	0.99	1.0	0.86	-0.14	0.9		0.94	0.61	1.0	1.0	-0.1	-0.12	-0.33	-0.13	-0.34	-0.16	-0.16
Total Liab	0.98	0.95	0.98	0.96	0.96	0.29	0.92	-0.93	0.91	0.97	0.92	0.91	0.18	0.97	0.94		0.81	0.92	0.91	0.22	0.22	-0.28	0.22	-0.04	0.15	0.15
Total Current Assets	0.71	0.62	0.74	0.67	0.65	0.57	0.55	-0.6	0.88	0.69	0.57	0.88	0.55	0.87	0.61	0.81		0.57	0.56	0.59	0.66	-0.34	0.59	0.52	0.37	0.37
Short Term Debt	0.97	1.0	0.93	0.99	0.98	-0.09	0.99	-1.0	0.85	0.98	1.0	0.85	-0.19	0.89	1.0	0.92	0.57		1.0	-0.15	-0.18	-0.31	-0.18	-0.39	-0.21	-0.21
Common Stock	0.97	0.99	0.93	0.99	0.98	-0.09	0.99	-1.0	0.85	0.98	1.0	0.85	-0.2	0.88	1.0	0.91	0.56	1.0		-0.16	-0.18	-0.32	-0.19	-0.39	-0.21	-0.21
Accounts Payable	0.06	-0.09	0.15	-0.01	-0.01	0.89	-0.14	0.11	0.19	0.04	-0.15	0.19	0.88	0.24	-0.1	0.22	0.59	-0.15	-0.16		0.89	-0.1	0.87	0.79	0.67	0.66
Net Receivables	0.04	-0.11	0.15	-0.04	-0.04	0.89	-0.17	0.13	0.23	0.01	-0.18	0.23	0.87	0.25	-0.12	0.22	0.66	-0.18	-0.18	0.89		-0.14	0.94	0.89	0.77	0.76
Current Deferred Revenue	-0.35	-0.28	-0.35	-0.33	-0.38	-0.16	-0.25	0.32	-0.37	-0.35	-0.32	-0.37	-0.09	-0.31	-0.33	-0.28	-0.34	-0.31	-0.32	-0.1	-0.14		0.14	-0.09	0.32	0.34
Non Current Liabilities Total	0.03	-0.1	0.16	-0.05	-0.05	0.9	-0.14	0.14	0.15	0.01	-0.18	0.15	0.89	0.21	-0.13	0.22	0.59	-0.18	-0.19	0.87	0.94	0.14		0.81	0.92	0.92
Inventory	-0.2	-0.33	-0.12	-0.27	-0.28	0.71	-0.4	0.35	0.12	-0.24	-0.39	0.12	0.82	0.07	-0.34	-0.04	0.52	-0.39	-0.39	0.79	0.89	-0.09	0.81		0.58	0.58
Long Term Debt	-0.02	-0.11	0.11	-0.1	-0.09	0.8	-0.13	0.16	-0.03	-0.04	-0.21	-0.03	0.76	0.07	-0.16	0.15	0.37	-0.21	-0.21	0.67	0.77	0.32	0.92	0.58		1.0
Long Term Debt Total	-0.02	-0.11	0.11	-0.1	-0.1	0.79	-0.13	0.16	-0.03	-0.04	-0.21	-0.03	0.74	0.07	-0.16	0.15	0.37	-0.21	-0.21	0.66	0.76	0.34	0.92	0.58	1.0

Click cells to compare fundamentals

Empire Petroleum Account Relationship Matchups

Empire Petroleum balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	11.2M	50.1M	71.5M	92.6M	123.9M	130.1M
Short Long Term Debt Total	9.6M	9.4M	8.0M	6.7M	11.9M	9.7M
Other Current Liab	2.7M	5.8M	9.2M	7.1M	19.6M	20.6M
Total Current Liabilities	6.1M	12.1M	17.6M	25.0M	21.3M	22.3M
Total Stockholder Equity	(18.4M)	10.8M	23.2M	35.0M	62.8M	65.9M
Property Plant And Equipment Net	8.2M	30.7M	45.3M	72.4M	110.1M	115.6M
Net Debt	9.5M	5.8M	(3.9M)	(1.1M)	9.6M	5.5M
Retained Earnings	(40.6M)	(59.2M)	(52.1M)	(64.6M)	(80.8M)	(84.9M)
Cash	157.7K	3.6M	11.9M	7.8M	2.3M	1.6M
Non Current Assets Total	9.0M	37.0M	48.8M	73.9M	111.5M	117.1M
Non Currrent Assets Other	802.1K	1.5M	719.9K	1.5M	1.4M	1.4M
Cash And Short Term Investments	157.7K	3.6M	11.9M	7.8M	2.3M	1.6M
Common Stock Shares Outstanding	5.7M	3.7M	23.8M	22.7M	30.1M	31.6M
Liabilities And Stockholders Equity	11.2M	50.1M	71.5M	92.6M	123.9M	130.1M
Other Current Assets	281.9K	734.4K	1.2M	1.2M	640.3K	445.9K
Other Stockholder Equity	22.2M	69.0M	75.3M	99.5M	143.5M	86.8M
Total Liab	29.7M	39.3M	48.3M	57.7M	61.1M	64.2M
Total Current Assets	2.2M	13.1M	22.7M	18.7M	12.4M	13.0M
Short Term Debt	1.5M	1.9M	2.6M	1.5M	870.9K	827.4K
Common Stock	24.9K	79.4K	81.6K	85.0K	93.2K	88.5K
Accounts Payable	1.9M	4.3M	5.8M	16.4M	10.5M	11.0M
Net Receivables	1.3M	7.7M	7.8M	8.4M	8.2M	8.6M
Non Current Liabilities Total	23.6M	27.2M	30.7M	32.6M	39.8M	41.8M
Inventory	531.3K	1.0M	1.8M	1.4M	1.3M	1.0M
Long Term Debt	7.7M	6.9M	5.1M	4.6M	11.3M	11.8M
Long Term Debt Total	8.3M	7.6M	5.1M	4.6M	11.3M	11.8M
Capital Surpluse	22.2M	70.0M	75.3M	99.5M	143.5M	150.7M
Cash And Equivalents	157.7K	3.6M	11.9M	7.8M	2.3M	3.2M
Net Tangible Assets	(150.2K)	(4.9M)	(18.4M)	10.8M	12.5M	13.1M
Net Invested Capital	(9.4M)	19.4M	30.4M	40.7M	74.1M	77.8M
Short Long Term Debt	1.3M	1.7M	2.1M	1.1M	69.6K	66.1K
Capital Stock	24.9K	79.4K	81.6K	85.0K	93.2K	63.1K
Net Working Capital	(3.9M)	1.1M	5.1M	(6.3M)	(8.9M)	(8.5M)
Property Plant Equipment	8.2M	30.7M	45.3M	72.4M	110.1M	115.6M
Property Plant And Equipment Gross	23.4M	48.5M	65.4M	96.5M	144.0M	151.2M

Pair Trading with Empire Petroleum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Empire Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Empire Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Empire Stock

0.61

SM Energy Earnings Call This Week

Pair Corr

Moving against Empire Stock

0.4

ANNAW

AleAnna, Warrant

Pair Corr

The ability to find closely correlated positions to Empire Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Empire Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Empire Petroleum Corp to buy it.

The correlation of Empire Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Empire Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Petroleum Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Empire Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Empire Stock Analysis

When running Empire Petroleum's price analysis, check to measure Empire Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Empire Historical Balance Sheet

Empire Petroleum Inventory

1.04 Million

About Empire Balance Sheet Analysis

Empire Petroleum Balance Sheet Chart

Total Assets

Total Current Liabilities

Empire Petroleum balance sheet Correlations

Empire Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Empire Petroleum balance sheet Accounts

Pair Trading with Empire Petroleum

Moving together with Empire Stock

Moving against Empire Stock

Additional Tools for Empire Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Short Long Term Debt Total

Common Stock	- 1.0	Retained Earnings
Short Term Debt	- 1.0	Retained Earnings
Other Stockholder Equity	- 1.0	Retained Earnings
Non Currrent Assets Other	- 1.0	Retained Earnings
Retained Earnings	- 1.0	Net Debt
Retained Earnings	- 1.0	Total Current Liabilities