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Empire Petroleum (EP) Operating Expenses (2016 - 2025)

Empire Petroleum (EP) has disclosed Operating Expenses for 16 consecutive years, with $66.0 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 370.75% to $66.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $105.5 million through Dec 2025, up 84.1% year-over-year, with the annual reading at $105.5 million for FY2025, 84.1% up from the prior year.
  • Operating Expenses hit $66.0 million in Q4 2025 for Empire Petroleum, up 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.
  • Historically, Operating Expenses has averaged $14.3 million across 5 years, with a median of $12.8 million in 2022.
  • Biggest five-year swings in Operating Expenses: crashed 35.08% in 2021 and later surged 370.75% in 2025.
  • Year by year, Operating Expenses stood at $10.0 million in 2021, then increased by 29.14% to $12.9 million in 2022, then increased 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 Operating Expenses for EP at $66.0 million in Q4 2025, $12.9 million in Q3 2025, and $13.7 million in Q2 2025.