CORRECTED-Empire Petroleum Q2 net loss widens
Overview
Empire Q2-2025 net production up 15% from Q1-2025 to 2,357 Boe/d
Q2-2025 net loss of $5.1 mln due to lower realized commodity prices
Co launched $5.0 mln Rights Offering for balance sheet optimization
Outlook
Empire expects commodity prices to trend upward over the next 4-6 quarters
Company anticipates increased production levels in the next 6-9 months
Empire plans to initiate drilling operations in Texas in Q4-2025
Company expects EOR installations in North Dakota to be operational by Q4-2025
Result Drivers
ENHANCED OIL RECOVERY - Empire's EOR efforts in North Dakota contributed to a 15% increase in production volumes, with modified wellhead installations underway
COMMODITY PRICE DECLINE - Lower realized oil prices, down 12% from Q1-2025 and 23% from Q2-2024, drove financial losses despite increased production
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $8.75 mln |
|
Q2 EPS |
| -$0.15 |
|
Q2 Adjusted Net Income |
| -$5.23 mln |
|
Q2 Net Income |
| -$5.06 mln |
|
Q2 Adjusted EBITDA |
| -$1.18 mln |
|
Press Release: ID:nBwbMGhdla
Related Articles
Platform Tokens Unveiled: What’s Behind the New Highs for BNB, OKB, and HYPE?
A platform token is a native digital asset issued by a cryptocurrency exchange — BNB being the most well-known example. Beyond serving as a valuation metric for external investors, platform tokens act as “economic fuel” within their ecosystems. Key use cases include:
NVIDIA Q2 FY2026: Surfing the AI Surge with Blackwell, Steering Through China’s Export Challenges
TradingKey - NVIDIA Corporation (NASDAQ: NVDA) reported strong Q2 FY2026 results on August 27, 2025, after market close, driven by robust AI-powered demand and adoption of its next-generation Blackwell GPU platform. The company delivered significant revenue and profit beats overall, with...
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Understanding the Fed’s Overnight Reverse Repo(RRP), What Is the Relationship Between QT and Debt Ceiling
TradingKey - As the U.S. enters a new rate cycle, the quantitative tightening (QT)—initially launched to reduce the Federal Reserve’s bloated balance sheet following the COVID-19 pandemic—is also nearing its conclusion. A key metric in gauging when to end QT is the scale of the Fed’s ON RRP...
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.
