Extracts oil and natural gas from wells in the United States.
Jun 2026Revenue $31.1M/yrExpenses $101M/yr
No trendCash runway ≈ 6 months from Jun 2026
Figures by year
When will Empire Petroleum be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $31.1M and expenses $101M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $34.2M | $106M | −$71.3M |
| Dec 2024 | $43.6M | $57.3M | −$13.7M |
| Dec 2023 | $40.1M | $51.7M | −$11.6M |
| Dec 2022 | $52.9M | $44.1M | $8.78M |
| Dec 2021 | $27.1M | $27.6M | −$473K |
| Dec 2020 | $7.73M | $25.3M | −$17.6M |
| Dec 2019 | $5.86M | $12.0M | −$6.15M |
| Dec 2018 | $465K | $1.38M | −$916K |
| Dec 2017 | $0.00 | $757K | −$757K |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.