Empire Petroleum Q2 revenue rises 27% to $11.1 million; net loss narrows
Empire Petroleum reported second-quarter 2026 product revenue of $11.1 million, up from $8.7 million a year earlier, and a net loss of $1.9 million, or $0.05 per diluted share, compared with a $5.1 million loss, or $0.15 per share, in Q2 2025. The filing attributes the higher revenue mainly to higher realized oil pricing, partly offset by lower production, and the company gave qualitative operating updates without a numeric forecast.
Key points
- Total product revenue was $11.1 million in Q2 2026, up from $8.7 million in Q2 2025 and $7.7 million in Q1 2026.
- Net loss was $1.9 million, or $0.05 per diluted share, versus a $5.1 million loss, or $0.15 per share, in Q2 2025.
- Adjusted EBITDA was $0.4 million, compared with negative $1.2 million in Q2 2025.
- Cash on hand was $3.1 million at June 30, 2026; no shares had been sold under a $7.5 million at-the-market sales agreement with Roth Capital Partners.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 17, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.