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| 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 |