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Empire Petroleum (Empire Petroleum) Pre-Tax Income : $-12.60 Mil (TTM As of Dec. 2023)


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What is Empire Petroleum Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Empire Petroleum's pretax income for the three months ended in Dec. 2023 was $-4.80 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.60 Mil. Empire Petroleum's pretax margin was -48.37%.

During the past 13 years, Empire Petroleum's highest Pretax Margin was 13.69%. The lowest was -288.92%. And the median was -90.76%.


Empire Petroleum Pre-Tax Income Historical Data

The historical data trend for Empire Petroleum's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Empire Petroleum Pre-Tax Income Chart

Empire Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.66 -16.84 -18.62 7.29 -12.60

Empire Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.08 -2.46 -2.47 -2.88 -4.80

Competitive Comparison of Empire Petroleum's Pre-Tax Income

For the Oil & Gas E&P subindustry, Empire Petroleum's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Empire Petroleum's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Empire Petroleum's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Empire Petroleum's Pre-Tax Income falls into.



Empire Petroleum Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Empire Petroleum's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-11.559+-0.042+-1+0+-0.0010000000000012
=-12.60

Empire Petroleum's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-5.721+1.254+-0.328+0+0
=-4.80

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Empire Petroleum  (AMEX:EP) Pre-Tax Income Explanation

Empire Petroleum's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-4.795/9.914
=-48.37%

During the past 13 years, Empire Petroleum's highest Pretax Margin was 13.69%. The lowest was -288.92%. And the median was -90.76%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Empire Petroleum Pre-Tax Income Related Terms

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Empire Petroleum (Empire Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114
Empire Petroleum Corp is engaged in the exploration and development of oil and natural gas in the United States. All of the company's producing properties are located in Louisiana, Texas, North Dakota, and New Mexico. It generates revenue from Oil and Gas sales.
Executives
Marchive Benjamin J. Ii director 1021 MAIN STREET, SUITE 2626, HOUSTON TX 77002-6516
Energy Evolution Master Fund, Ltd. 10 percent owner 25025 I-45 NORTH, SUITE 420, THE WOODLANDS TX 77380
J Kevin Vann officer: VP, Finance/Strategic Planning ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Phil E Mulacek 10 percent owner 25025 I 45 NORTH, SUITE 420, THE WOODLANDS TX 77380
Mason H. Matschke director 25025 I-45 NORTH, SUITE 420, THE WOODLANDS TX 77380
Faulkner Stephen L Jr officer: Controller and Chief Acctg Ofc 3500 ONE WILLIAMS CENTER, TULSA OK 74172
Eugene J Sweeney officer: Chief Operating Officer 151 W BURTON PL, CHICAGO IL 60610
Michael R. Morrisett 10 percent owner 3803 S. TRENTON AVENUE, TULSA OK 74105-3324
Thomas W. Pritchard officer: Chief Executive Officer 15798 SPYGLASS HILL LOOP, GAINESVILLE VA 20155
Andrew Lloyd Lewis director 2200 S. UTICA PLACE, SUITE 150, TULSA OK 74114
Angela M Baker officer: Chief Accounting Officer 2200 S. UTICA PLACE, SUITE 150, TULSA OK 74114
Puckett Land Co 10 percent owner 5460 S. QUEBEC ST., SUITE 250, GREENWOOD VILLAGE CO 80111
Tony Kamin director, 10 percent owner 619 BLUFF STREET, GLENCOE IL 60022
Gary C Adams 10 percent owner 1437 S. BOULDER AVENUE, SUITE 930, TULSA OK 74119
Empire Petroleum Holdings, Llc 10 percent owner 3803 S. TRENTON AVENUE, TULSA OK 74105-3324

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