EP (Empire Petroleum) Debt-to-Equity: 4.14 (As of Mar. 2026) — 1492% Above Median

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EP Empire Petroleum Corp EP
41 GF Score
Price $2.80
GF Value $3.19
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Empire Petroleum Debt-to-Equity?

Empire Petroleum EP +5.66% 41 Debt-to-Equity is 4.14 as of Mar. 2026, which is 1492% above its 10-year median of 0.26. GuruFocus rates EP with a GF Score™ of 41/100 and a GF Value™ of $3.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 807 Oil & Gas companies, Empire Petroleum ranks worse than 96.03% on this metric.

Empire Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.26 Mil. Empire Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $14.00 Mil. Empire Petroleum's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3.69 Mil. Empire Petroleum's debt to equity for the quarter that ended in Mar. 2026 was 4.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Empire Petroleum's Debt-to-Equity or its related term are showing as below:

EP' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.45   Med: 0.26   Max: 28.71
Current: 4.14

During the past 13 years, the highest Debt-to-Equity Ratio of Empire Petroleum was 28.71. The lowest was -12.45. And the median was 0.26.

EP's Debt-to-Equity is ranked worse than
96.03% of 807 companies
in the Oil & Gas industry
Industry Median: 0.46 vs EP: 4.14

Empire Petroleum  (AMEX:EP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Empire Petroleum Debt-to-Equity Related Terms


Empire Petroleum Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Empire Petroleum's Debt-to-Equity 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.

Empire Petroleum Debt-to-Equity Chart

Empire Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.34 0.19 0.19 -3.56

Empire Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.22 0.32 0.31 -3.56 4.14

EP vs BRLL, GLND, SJT: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Empire Petroleum's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Empire Petroleum's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Empire Petroleum's Debt-to-Equity falls into.


EP
41GF Score
Empire Petroleum Corp EP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empire Petroleum's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Empire Petroleum's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 4.14 mean?
Empire Petroleum (EP) has a Debt-to-Equity of 4.14 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Empire Petroleum and its competitors. This is 1492% above median its historical median of 0.26. According to the industry distribution chart, Empire Petroleum ranks #775 out of 807 companies in the Oil & Gas industry, placing it in the top 96%.
Is Empire Petroleum's Debt-to-Equity too high?
Empire Petroleum's current Debt-to-Equity of 4.14 is 1492% above median its 10-year median of 0.26. The Oil & Gas industry median Debt-to-Equity is 0.46. Empire Petroleum's value of 4.14 is 800% above this industry median. Based on the distribution chart, Empire Petroleum ranks #775 out of 807 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Empire Petroleum has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empire Petroleum's Debt-to-Equity compare to BRLL and GLND?
According to the Oil & Gas industry distribution chart, Empire Petroleum ranks #775 out of 807 companies for Debt-to-Equity. This places Empire Petroleum in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Empire Petroleum's value of 4.14 is 800% above this benchmark. While the company's 10-year median is 0.26 vs. the industry median of 0.46, Empire Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 807 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire Petroleum's current Debt-to-Equity of 4.14 is 800% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Empire Petroleum and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire Petroleum's current Debt-to-Equity is 4.14, which is 1492% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Empire Petroleum (EP) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.19, compared to a current price of $2.80 — trading 12.2% below its estimated fair value. The current Debt-to-Equity is 4.14, which is 1492% above median its 10-year median of 0.26 and 800% above the Oil & Gas industry median of 0.46. Empire Petroleum's overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Empire Petroleum (EP), the current Debt-to-Equity is 4.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Empire Petroleum (EP) Overvalued in 2026?

Based on GuruFocus' analysis, Empire Petroleum stock appears to be undervalued. The current stock price of $2.80 is trading 12.2% below its estimated GF Value™ of $3.19. GuruFocus considers Empire Petroleum to be Modestly Undervalued.

Key valuation signals for EP:

  • Debt-to-Equity: 4.14 (1492% above median its 10-year median of 0.26)
  • GF Value™: $3.19 vs. price of $2.80 (12.2% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 800% above the Oil & Gas median (#775 of 807)

No single metric tells the full story. See the EP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire Petroleum Business Description

Industry EnergyOil & Gas
Address 2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the United States onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas. The Company operates as one operating segment and one reportable segment which is engaged in the exploration, development, and production of oil, gas, and NGLs.
41GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.80
Price
$3.19
GF Value