Empire Petroleum's Corporate Customers have recorded an advance in their cost of revenue by 9.24 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 7.78 %. During the corresponding time, Empire Petroleum Corporation saw a revenue deteriorated by -70.73 % year on year, sequentially revenue fell by -27.71 %. While revenue at the Empire Petroleum Corporation's corporate clients recorded rose by 8.21 % year on year, sequentially revenue grew by 7.64 %.
Empire Petroleum's Customers have recorded an advance in their cost of revenue by 9.24 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 7.78 %, for the same period Empire Petroleum Corporation revnue deteriorated by -70.73 % year on year, sequentially revenue fell by -27.71 %.
Empire Petroleum's Comment on Sales, Marketing and Customers
The company sells its oil, natural gas, and natural gas liquids (NGLs) production to marketers who transport these products to storage facilities. In 2025, 66% of the company's revenues were derived from three customers, while in 2024, 78% of revenues came from four customers. No other purchaser accounted for more than 10% of total revenues during these periods. The company operates in a highly competitive oil and natural gas industry, competing with small independent producers as well as major integrated companies, particularly in acquiring properties and contracting for oil field services and equipment. Market prices for oil and natural gas are volatile and influenced by factors beyond the company's control, which affect future profitability and production economics.
Empire Petroleum’s Comment on Sales, Marketing and Customers
The company sells its oil, natural gas, and natural gas liquids (NGLs) production to marketers who transport these products to storage facilities. In 2025, 66% of the company's revenues were derived from three customers, while in 2024, 78% of revenues came from four customers. No other purchaser accounted for more than 10% of total revenues during these periods. The company operates in a highly competitive oil and natural gas industry, competing with small independent producers as well as major integrated companies, particularly in acquiring properties and contracting for oil field services and equipment. Market prices for oil and natural gas are volatile and influenced by factors beyond the company's control, which affect future profitability and production economics.
Sources:
Empire Petroleum Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Empire Petroleum Corporation’s corporate clients.
For your research, we’ve provided 9 tables on Empire Petroleum Corporation corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
8.23 % 