Empire Petroleum (EP) Tax Provisions (2022 - 2024)
Empire Petroleum (EP) reported Tax Provisions of -$881038.0 for Q4 2024, up 64.92% on a YoY basis from -$534214.8 in Q1 2024, and down 15.27% sequentially from -$764319.0 in Q3 2024.
Empire Petroleum (EP) Tax Provisions (2022 - 2024) Analysis & Trends
Empire Petroleum (EP) has 3 years of Tax Provisions data on file, last reported at -$881038.0 in Q4 2024.
- For the quarter ending Q4 2024, Tax Provisions rose 64.92% year-over-year to -$881038.0; the trailing twelve-month figure through Dec 2024 stood at -$3.4 million (up 18.05% YoY), and the FY2025 full-year result was $734000.0, up 121.58% from the prior year.
- Tax Provisions fell to -$881038.0 in Q4 2024, from -$764319.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.2 million in Q2 2022 to a low of -$2.5 million in Q4 2023.
- A 3-year average of -$736828.8 and a median of -$764319.0 in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions tumbled 1434.77% in 2023 and jumped 64.92% in 2024, its largest moves.
- Tracing EP's Tax Provisions over 3 years: stood at -$1.8 million in 2022, then slumped by 42.74% to -$2.5 million in 2023, then jumped by 64.92% to -$881038.0 in 2024.
- Business Quant data shows EP's Tax Provisions at -$881038.0 in Q4 2024, -$764319.0 in Q3 2024, and -$921852.0 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 575.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 32.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.10 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 84.93 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 40.66 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -188.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 330.00 Mn |
| 10 | Empire Petroleum | 86.84 Mn | 85.65 Mn | 689,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -881,038.00 |
| Sep 30, 2024 | -764,319.00 |
| Jun 30, 2024 | -921,852.00 |
| Mar 31, 2024 | -834,791.00 |
| Dec 31, 2023 | -2.51 Mn |
| Sep 30, 2023 | -605,293.00 |
| Jun 30, 2023 | -517,631.00 |
| Mar 31, 2023 | -516,514.00 |
| Dec 31, 2022 | -1.76 Mn |
| Sep 30, 2022 | 45,348.00 |
| Jun 30, 2022 | 1.16 Mn |