Empire Petroleum Corporation Common Stock (EP)

FairStock Score: 18/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I want durable earning power and a balance sheet that can survive bad years. Empire Petroleum is a small oil and gas producer, a price taker in a commodity business, and the figures show distress rather than durability. In fiscal year 2025, the year ended 2025-12-31, revenue was $34.2 million and net loss was $72.1 million, with diluted EPS of -$2.12. In fiscal year 2024, the year ended 2024-12-31, revenue was $44.0 million and net loss was $16.2 million, so the loss widened sharply as revenue fell. The latest filed quarter, fiscal Q2 2026 ended 2026-06-30, showed revenue of $9.5 million and a net loss of $1.9 million, or diluted EPS of -$0.05; that is better than fiscal Q2 2025, when revenue was $8.7 million and net loss was $5.1 million, but it is still a loss. FairStock calculations at the 2026-10-13 close of $3.30 show a negative P/E of -1.59, price-to-book of 18.33, ROE of -230.66%, ROCE of -42.28%, trailing free cash flow of -$11.9 million, and FCF yield of -8.7%. Debt-to-equity is 2.19, Altman Z-score is -1.77, Piotroski F-score is 3/9, and the FairStock Score is 18/100. The Lynch category is TURNAROUND — loss in the latest year after earlier profits — but a turnaround needs liquidity and a path to positive cash flow. I see no moat, no margin of safety, and no consistent earnings. A cheap-looking price alone is not enough.

In plain English: Empire Petroleum is a small oil and gas company with properties in several U.S. states. The business has been losing money, sales have fallen, and cash flow is negative. At $3.30, the stock does not look cheap against its weak profits and finances; it looks speculative.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer