Empire Petroleum Corporation reported in III. Quarter net earnings per share of $0.01 a decrease by -90.91 % year on year from $0.11 and decline of -95.83 % from $0.24 earned in II. Quarter (Jun 30 2022).
III. Quarter
Earnings Per Share
Revenues
$ 0.01
$
15 Mill
$-0.10-90.91 %
$-1,245M-98.83 %
Empire Petroleum's Revenue
fell by
-98.83 % in III. Quarter (Sep 30 2022) year on year,
to $15 million and
declined by
-10.57 % sequentially.
Empire Petroleum is Expected to report next financial results on March 30, 2023.
Empire Petroleum's
net income of $0.216 million in III. Quarter decreased by -99.75 % from net earnings of $86.000 million achieved in I. Quarter a year ago.
Sequentially
net earnings fell by -96.1 % from net income of $5.534 million realized in previous quarter.
Inventories declined by -99.08 % to $1.61 million from I. Quarter a year ago, sequentially inventories rose by 34.61 %.
EP's Cash flow
In III. Quarter company's net cash flow was $3 million
Empire Petroleum Corporation
payed out dividend of $0.01 per share in last 52 weeks representing 2.50 % of net earning per share in trailing twelve-month period.
During the same period Empire Petroleum Corporation
payed $ -20.69 cash per share, on a free-cash flow basis
.
