Empire Petroleum (EP) Long-Term Deferred Tax (2020 - 2024)
Empire Petroleum (EP) reported Long-Term Deferred Tax of $20.5 million for Q4 2024, up 26.23% on a YoY basis from $16.3 million in Q1 2024, and up 26.23% sequentially from $16.3 million in Q4 2023.
Empire Petroleum (EP) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
Empire Petroleum (EP) has 5 years of Long-Term Deferred Tax data on file, last reported at $20.5 million in Q4 2024.
- For the quarter ending Q4 2024, Long-Term Deferred Tax rose 26.23% year-over-year to $20.5 million; the trailing twelve-month figure through Dec 2024 stood at $20.5 million (up 26.23% YoY), and the FY2024 full-year result was $20.5 million, up 26.23% from the prior year.
- Long-Term Deferred Tax rose to $20.5 million in Q4 2024, from $16.3 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $20.5 million in Q4 2024 to a low of $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.
- Across the five-year window, Long-Term Deferred Tax gained 9.51% in 2021 and jumped 78.33% in 2022, its largest moves.
- Tracing EP's Long-Term Deferred Tax over 5 years: stood at $6.8 million in 2020, then grew by 9.51% to $7.4 million in 2021, then soared by 78.33% to $13.2 million in 2022, then increased by 22.95% to $16.3 million in 2023, then climbed by 26.23% to $20.5 million in 2024.
- Business Quant data shows EP's Long-Term Deferred Tax at $20.5 million in Q4 2024, $16.3 million in Q4 2023, and $13.2 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Empire Petroleum | 86.84 Mn | 85.65 Mn | 689,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |