Empire Petroleum (EP) Operating Expenses (2010 - 2025)

Empire Petroleum (EP) has 16 years of Operating Expenses data on file, last reported at $66.0 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 370.75% year-over-year to $66.0 million; the trailing twelve-month figure through Dec 2025 stood at $105.5 million (up 84.1% YoY), and the FY2025 full-year result was $105.5 million, up 84.1% from the prior year.
• Operating Expenses advanced to $66.0 million in Q4 2025, from $12.9 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $66.0 million in Q4 2025 to a low of $3.0 million in Q1 2021.
• A 5-year average of $14.3 million and a median of $12.8 million in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses slumped 35.08% in 2021 and soared 370.75% in 2025, its largest moves.
• Tracing EP's Operating Expenses over 5 years: stood at $10.0 million in 2021, then advanced by 29.14% to $12.9 million in 2022, then advanced by 20.79% to $15.6 million in 2023, then fell by 10.37% to $14.0 million in 2024, then soared by 370.75% to $66.0 million in 2025.
• Business Quant data shows EP's Operating Expenses at $66.0 million in Q4 2025, $12.9 million in Q3 2025, and $13.7 million in Q2 2025.