Empire Petroleum EP
NYSE EP
$3.24 +0.06 (+2.04%)
As of: Aug 21, 2026 · 3:59 PM EDT

Empire Petroleum (EP) Long-Term Deferred Tax (2020 - 2024)

Empire Petroleum (EP) posted Long-Term Deferred Tax of $20.5 million for Q4 2024, up 26.23% sequentially from $16.3 million in Q4 2023, and up 26.23% YoY from $16.3 million in Q1 2024.

Empire Petroleum (EP) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends

Empire Petroleum has reported Long-Term Deferred Tax for 5 years, with the latest figure at $20.5 million in Q4 2024.

  • Quarterly Long-Term Deferred Tax rose 26.23% year-over-year to $20.5 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $20.5 million (up 26.23% YoY) and the FY2024 annual result came in at $20.5 million, up 26.23% from the prior year.
  • Long-Term Deferred Tax rose to $20.5 million in Q4 2024 per EP's latest filing, from $16.3 million in the prior quarter.
  • Over five years, Long-Term Deferred Tax peaked at $20.5 million in Q4 2024 and troughed at $6.8 million in Q4 2020.
  • A 5-year average of $12.8 million and a median of $13.2 million in 2022 frame the typical range for Long-Term Deferred Tax.
  • The sharpest annual moves came in 2021 and 2022: Long-Term Deferred Tax climbed 9.51% in 2021, then soared 78.33% in 2022.
  • Over 5 years, Long-Term Deferred Tax stood at $6.8 million in 2020, then gained by 9.51% to $7.4 million in 2021, then soared by 78.33% to $13.2 million in 2022, then advanced by 22.95% to $16.3 million in 2023, then rose by 26.23% to $20.5 million in 2024.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $20.5 million, $16.3 million, and $13.2 million for Q4 2024, Q4 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn
3 Eog Resources 80.47 Bn 75.56 Bn -
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn
9 Texas Pacific Land 26.50 Bn 26.25 Bn -
10 Empire Petroleum 134.35 Mn 131.23 Mn 5.12 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 20.52 Mn
Dec 31, 2023 16.25 Mn
Dec 31, 2022 13.22 Mn
Dec 31, 2021 7.41 Mn
Dec 31, 2020 6.77 Mn