Empire Petroleum (EP) Cost of Revenue (2010 - 2025)
Empire Petroleum (EP) posted Cost of Revenue of $6.4 million for Q4 2025, up 18.6% sequentially from $5.4 million in Q3 2025, and up 20.28% YoY from $5.3 million in Q4 2024.
Empire Petroleum (EP) Cost of Revenue (2010 - 2025) Analysis & Trends
Empire Petroleum has reported Cost of Revenue for 13 years, with the latest figure at $6.4 million in Q4 2025.
- Quarterly Cost of Revenue rose 20.28% year-over-year to $6.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $22.0 million (down 12.66% YoY) and the FY2025 annual result came in at $23.0 million, up 6.5% from the prior year.
- Cost of Revenue rose to $6.4 million in Q4 2025 per EP's latest filing, from $5.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $8.5 million in Q3 2022 and troughed at $1.4 million in Q1 2021.
- A 5-year average of $5.4 million and a median of $5.4 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2022: Cost of Revenue soared 326.73% in 2021, then declined 26.4% in 2022.
- Over 5 years, Cost of Revenue stood at $6.0 million in 2021, then slipped by 26.4% to $4.4 million in 2022, then soared by 61.94% to $7.1 million in 2023, then slipped by 25.4% to $5.3 million in 2024, then gained by 20.28% to $6.4 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $6.4 million, $5.4 million, and $5.3 million for Q4 2025, Q3 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Empire Petroleum | 134.35 Mn | 131.23 Mn | 5.12 Mn | 4.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.37 Mn |
| Dec 31, 2025 | 6.37 Mn |
| Sep 30, 2025 | 5.37 Mn |
| Sep 30, 2025 | 5.37 Mn |
| Dec 31, 2024 | 5.30 Mn |
| Dec 31, 2024 | 5.30 Mn |
| Sep 30, 2024 | 4.96 Mn |
| Sep 30, 2024 | 4.96 Mn |
| Jun 30, 2024 | 7.54 Mn |
| Jun 30, 2024 | 7.54 Mn |
| Mar 31, 2024 | 7.39 Mn |
| Mar 31, 2024 | 7.39 Mn |
| Jun 30, 2023 | 7.10 Mn |
| Jun 30, 2023 | 7.10 Mn |
| Mar 31, 2023 | 6.52 Mn |
| Mar 31, 2023 | 6.52 Mn |
| Dec 31, 2022 | 4.38 Mn |
| Dec 31, 2022 | 4.38 Mn |
| Sep 30, 2022 | 8.51 Mn |
| Sep 30, 2022 | 8.51 Mn |