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
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