Empire Petroleum FY 2025 net loss widens to $72.07 million as oil sales fall 24% to $31.65 million

Reuters03-14
<a href="https://laohu8.com/S/EMPR">Empire Petroleum</a> FY 2025 net loss widens to $72.07 million as oil sales fall 24% to $31.65 million

Empire reported a FY 2025 net loss of USD 72.07 million and an operating loss of USD 71.32 million, including an impairment charge of USD 51.29 million. FY 2025 oil sales fell 24% to USD 31.65 million, reflecting lower realized oil pricing and lower oil production. Cash flow used in operating activities was USD 3.95 million in FY 2025, compared with cash flow provided by operating activities in FY 2024. As of Dec. 31, 2025, Empire had negative working capital of USD 16.16 million and cash on hand of USD 1.2 million. Management said it entered oil commodity derivative positions after year-end through March 13, 2026 covering about 90% of estimated oil production for the remaining three quarters of 2026 at a blended price of USD 72.26 per barrel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empire Petroleum Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-027675), on March 13, 2026, and is solely responsible for the information contained therein.

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