Empire Petroleum Corporation (EP) released Loss for its fourth quarter that increased from the same period last year
The company's earnings totaled -$4.797 million, or -$0.20 per share. This compares with -$2.289 million, or -$0.10 per share, in last year's fourth quarter.
Excluding items, Empire Petroleum Corporation reported adjusted earnings of -$5.753 million or -$0.24 per share for the period.
The company's revenue for the quarter rose 4.1% to $11.167 million from $10.727 million last year.
Empire Petroleum Corporation earnings at a glance (GAAP) :
-Earnings (Q4): -$4.797 Mln. vs. -$2.289 Mln. last year.-EPS (Q4): -$0.20 vs. -$0.10 last year.-Revenue (Q4): $11.167 Mln vs. $10.727 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.