Empire Petroleum (EP) posted a third quarter net loss of $3.6 million, or $0.12 per share, compared to a net loss of $2.7 million, or $0.12 per share, a year ago. Adjusted net loss per share was $0.12 compared to a loss of $0.06. Total product revenue was $10.9 million versus $10.3 million, prior year. The company said contributing to the increase was higher oil, natural gas and NGL sales volumes, substantially offset by lower realized oil and natural gas prices.
The company delivered third quarter net production volumes of 2,460 barrels of oil equivalent per day including 1,573 barrels of oil per day.
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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.