$EP
Empire Petroleum Corp Stock $ep

$ep Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000107261324000864 Filed on November 13, 2024

Income Statement

Concept	2024 Q4	2024 Q3
Revenue		$11.38M
YoY Change		24.4%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$76.00K
YoY Change		49.02%
% of Gross Profit
Operating Expenses		$14.79M
YoY Change		25.59%
Operating Profit		-$3.417M
YoY Change		29.72%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net		-$196.3K
YoY Change		-21.41%
Pretax Income		-$3.640M
YoY Change		26.27%
Income Tax
% Of Pretax Income
Net Earnings		-$3.640M
YoY Change		32.46%
Net Earnings / Revenue		-31.99%
Basic Earnings Per Share		-$0.12
Diluted Earnings Per Share		-$0.12
COMMON SHARES
Basic Shares Outstanding	33.63M shares	31.38M shares
Diluted Shares Outstanding		31.62M shares

Balance Sheet

Concept	2024 Q4	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents		$3.150M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory		$1.499M
Prepaid Expenses		$576.3K
Receivables		$6.506M
Other Receivables
Total Short-Term Assets		$11.73M
YoY Change		-42.54%
LONG-TERM ASSETS
Property, Plant & Equipment		$108.3M
YoY Change		98.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$1.246M
YoY Change		-9.4%
Total Long-Term Assets		$109.5M
YoY Change		96.08%
TOTAL ASSETS
Total Short-Term Assets		$11.73M
Total Long-Term Assets		$109.5M
Total Assets		$121.2M
YoY Change		58.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$18.24M
YoY Change		201.41%
Accrued Expenses		$8.146M
YoY Change		42.27%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due		$193.2K
YoY Change		-95.75%
Total Short-Term Liabilities		$26.99M
YoY Change		43.09%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities		$26.99M
Total Long-Term Liabilities
Total Liabilities		$64.71M
YoY Change		12.66%
SHAREHOLDERS EQUITY
Retained Earnings		-$76.62M
YoY Change		28.09%
Common Stock		$91.18K
YoY Change		10.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity		$56.53M
YoY Change
Total Liabilities & Shareholders Equity		$121.2M
YoY Change		58.97%

Cashflow Statement

Concept	2024 Q4	2024 Q3
OPERATING ACTIVITIES
Net Income		-$3.640M
YoY Change		32.46%
Depreciation, Depletion And Amortization		$76.00K
YoY Change		49.02%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Type DocumentType	10-Q
	dei	City Area Code CityAreaCode	(539)
	dei	Local Phone Number LocalPhoneNumber	444-8002
	dei	Security12b Title Security12bTitle	Common Stock $0.001 par value
	empr	Natural Gas Liquids Sales NaturalGasLiquidsSales	1574995	usd
	empr	Natural Gas Liquids Sales NaturalGasLiquidsSales	1278759	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10891582	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10314968	usd
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	empr	Other Revenue OtherRevenue	15269	usd
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Central Index Key EntityCentralIndexKey	0000887396
CY2024Q3	us-gaap	Derivative Assets Current DerivativeAssetsCurrent		usd
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity File Number EntityFileNumber	001-16653
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 150
	dei	Entity Address State Or Province EntityAddressStateOrProvince	OK
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	74114
	dei	Trading Symbol TradingSymbol	EP
	dei	Security Exchange Name SecurityExchangeName	NYSEAMER
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3149716	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7792508	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6505741	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8354636	usd
CY2023Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	406806	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	1433454	usd
CY2024Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	576340	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	757500	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	11731003	usd
CY2024Q3	us-gaap	Other Oil And Gas Property Successful Effort Method OtherOilAndGasPropertySuccessfulEffortMethod	136391055	usd
CY2023Q4	us-gaap	Other Oil And Gas Property Successful Effort Method OtherOilAndGasPropertySuccessfulEffortMethod	93509803	usd
CY2024Q3	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	29561539	usd
CY2023Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	22996805	usd
CY2023Q4	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	70512998	usd
CY2024Q3	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1436491	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1883211	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	72396209	usd
CY2023Q4	us-gaap	Assets Assets	92615616	usd
CY2024Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	18238400	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	16437219	usd
	empr	Natual Gas Sales NatualGasSales	1315938	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	30173150	usd
	empr	Other Revenue OtherRevenue	54775	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-1319401	usd
	us-gaap	Revenues Revenues	28908524	usd
	empr	Production Taxes ProductionTaxes	2271630	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2061474	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	7497947	usd
	us-gaap	Operating Expenses OperatingExpenses	36066646	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-7158122	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-671982	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7806848	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7672128	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.34
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.34
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22320207	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22320207	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q3	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable		usd
CY2024Q3	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	empr	Gain Loss On Sale Of Financial Derivatives GainLossOnSaleOfFinancialDerivatives		usd
	empr	Amortization Of Debt Discount On Convertible Notes AmortizationOfDebtDiscountOnConvertibleNotes		usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt		usd
	empr	Acquisition Of Oil And Natural Gas Properties AcquisitionOfOilAndNaturalGasProperties		usd
	empr	Sinking Fund Deposit SinkingFundDeposit		usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt		usd
	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties		usd
	empr	Proceeds From Rights Offering ProceedsFromRightsOffering		usd
	empr	Net Proceeds From Warrant Exercise NetProceedsFromWarrantExercise		usd
	empr	Proceeds From Bridge Loans From Related Parties ProceedsFromBridgeLoansFromRelatedParties		usd
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises		usd
	empr	Revision To Estimates RevisionToEstimates		usd
CY2023Q3	empr	Less Current Portion Included In Accrued Expenses LessCurrentPortionIncludedInAccruedExpenses		usd
CY2024Q3	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable		usd
CY2024Q3	us-gaap	Lessee Finance Lease Renewal Term1 LesseeFinanceLeaseRenewalTerm1	P5Y
CY2024Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y9M18D
CY2024Q3	empr	Capital Leases Future Minimum Payments Due In Six Years CapitalLeasesFutureMinimumPaymentsDueInSixYears		usd
CY2024Q3	empr	Capital Leases Future Minimum Payments Due In Seven Years CapitalLeasesFutureMinimumPaymentsDueInSevenYears		usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Entity Registrant Name EntityRegistrantName	EMPIRE PETROLEUM CORPORATION
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	73-1238709
	dei	Entity Address Address Line1 EntityAddressAddressLine1	2200 S. Utica Place
	dei	Entity Address City Or Town EntityAddressCityOrTown	Tulsa
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	33632132	shares
CY2024Q3	us-gaap	Inventory Net InventoryNet	1499206	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	18744904	usd
CY2024Q3	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	106829516	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	108266007	usd
CY2024Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1245519	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1474503	usd
CY2024Q3	us-gaap	Assets Assets	121242529	usd
CY2024Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8146457	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	7075302	usd
CY2024Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	415850	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	432822	usd
CY2023Q4	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable	1060004	usd
CY2024Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	193178	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	44225	usd
CY2024Q3	us-gaap	Liabilities Current LiabilitiesCurrent	26993885	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	25049572	usd
CY2024Q3	us-gaap	Long Term Debt LongTermDebt	8512020	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	4596775	usd
CY2024Q3	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	238674	usd
CY2023Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	544382	usd
CY2024Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	28968173	usd
CY2023Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	27468427	usd
CY2024Q3	us-gaap	Liabilities Liabilities	64712752	usd
CY2023Q4	us-gaap	Liabilities Liabilities	57659156	usd
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2024Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	6	shares
CY2024Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	6	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	6	shares
CY2024Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	6	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	31656934	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	31656934	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	25503530	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25503530	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	91179	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	85025	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	133061997	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	99490253	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-76623399	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-64618818	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	56529777	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	34956460	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	121242529	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	92615616	usd
CY2024Q3	empr	Oil And Gas Sales OilAndGasSales	10341280	usd
CY2023Q3	empr	Oil And Gas Sales OilAndGasSales	9492127	usd
	empr	Oil And Gas Sales OilAndGasSales	32070516	usd
	empr	Oil And Gas Sales OilAndGasSales	27578453	usd
CY2024Q3	empr	Natual Gas Sales NatualGasSales	8547	usd
CY2023Q3	empr	Natual Gas Sales NatualGasSales	411217	usd
	empr	Natual Gas Sales NatualGasSales	269844	usd
CY2024Q3	empr	Natural Gas Liquids Sales NaturalGasLiquidsSales	541755	usd
CY2023Q3	empr	Natural Gas Liquids Sales NaturalGasLiquidsSales	411624	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	33915355	usd
CY2023Q3	empr	Other Revenue OtherRevenue	17050	usd
	empr	Other Revenue OtherRevenue	36582	usd
CY2024Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	470717	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-1185921	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-388886	usd
CY2024Q3	us-gaap	Revenues Revenues	11377568	usd
CY2023Q3	us-gaap	Revenues Revenues	9146097	usd
	us-gaap	Revenues Revenues	33563051	usd
CY2024Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	6733611	usd
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	7050054	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	21663719	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	20669217	usd
CY2024Q3	empr	Production Taxes ProductionTaxes	984075	usd
CY2023Q3	empr	Production Taxes ProductionTaxes	792241	usd
	empr	Production Taxes ProductionTaxes	2883240	usd
CY2024Q3	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2596360	usd
CY2023Q3	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	727943	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	6763471	usd
CY2024Q3	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	509131	usd
CY2023Q3	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	470505	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1486929	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1277141	usd
CY2024Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	3635917	usd
CY2023Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	2580464	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	8869034	usd
CY2024Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	335077	usd
CY2023Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	158792	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	1636714	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2289237	usd
CY2024Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3970994	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2739256	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10505748	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9787184	usd
CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	14794171	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	11779999	usd
	us-gaap	Operating Expenses OperatingExpenses	43303107	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-3416603	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-2633902	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-9740056	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-196306	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-249796	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1246575	usd
CY2024Q3	us-gaap	Other Income OtherIncome	-26705	usd
CY2023Q3	us-gaap	Other Income OtherIncome	1350	usd
	us-gaap	Other Income OtherIncome	-1017950	usd
	us-gaap	Other Income OtherIncome	23256	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3639614	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2882348	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-12004581	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-134720	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-134720	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-3639614	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-2747628	usd
	us-gaap	Net Income Loss NetIncomeLoss	-12004581	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.41
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.41
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	31619333	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22727639	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	29055331	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31619333	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22727639	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29055331	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	34956460	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-3975196	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	710002	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	31691266	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-4389771	usd
CY2024Q2	empr	Rights Offerings RightsOfferings	20511529	usd
CY2024Q2	empr	Conversion Of Relatedparty Note ConversionOfRelatedpartyNote	6160902	usd
CY2024Q2	empr	Partial Conversion Of Option To Purchase PartialConversionOfOptionToPurchase	3156000	usd
CY2024Q2	empr	Stock Issued During Period Value Shares And Warrants Issued StockIssuedDuringPeriodValueSharesAndWarrantsIssued	949771	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	591637	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	58671334	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-3639614	usd
CY2024Q3	empr	Conversion Of Relatedparty Note ConversionOfRelatedpartyNote	1086708	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Purchase Of Assets StockIssuedDuringPeriodValuePurchaseOfAssets	76272	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	335077	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	56529777	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	23235881	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-2459591	usd
CY2023Q1	empr	Impact Of Former Ceo Settlement ImpactOfFormerCeoSettlement	-2126131	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	949639	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	19599798	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-2464909	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1180806	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	18315695	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-2747628	usd
CY2023Q3	empr	Stock Issued During Period Value Shares And Warrants Issued StockIssuedDuringPeriodValueSharesAndWarrantsIssued	2500000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Purchase Of Assets StockIssuedDuringPeriodValuePurchaseOfAssets	601057	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	158792	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	18827916	usd
	us-gaap	Net Income Loss NetIncomeLoss	-12004581	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7672128	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1636714	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	2289237	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	407202	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	287956	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6763471	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2061474	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1486929	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1277141	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-388886	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-1319401	usd
	empr	Settlement On Or Purchases Of Derivative Instruments SettlementOnOrPurchasesOfDerivativeInstruments	18200	usd
	empr	Settlement On Or Purchases Of Derivative Instruments SettlementOnOrPurchasesOfDerivativeInstruments	-87042	usd
	empr	Gain Loss On Sale Of Financial Derivatives GainLossOnSaleOfFinancialDerivatives	-998000	usd
	empr	Amortization Of Debt Discount On Convertible Notes AmortizationOfDebtDiscountOnConvertibleNotes	-500382	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-10094	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1647249	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1572038	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	65752	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	292057	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-671934	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-911416	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	12273995	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	194438	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1070875	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3732113	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	886224	usd
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	942916	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14917374	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5957231	usd
	empr	Acquisition Of Oil And Natural Gas Properties AcquisitionOfOilAndNaturalGasProperties	2094419	usd
	empr	Additions To Oil And Natural Gas Properties AdditionsToOilAndNaturalGasProperties	48758831	usd
	empr	Additions To Oil And Natural Gas Properties AdditionsToOilAndNaturalGasProperties	5596535	usd
	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	139481	usd
	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	179514	usd
	empr	Cash Paid For Right Of Use Assets CashPaidForRightOfUseAssets	375711	usd
	empr	Cash Paid For Right Of Use Assets CashPaidForRightOfUseAssets	427711	usd
	empr	Sinking Fund Deposit SinkingFundDeposit	2779000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-49274023	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5519179	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	3950000	usd
	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	5000000	usd
	empr	Proceeds From Rights Offering ProceedsFromRightsOffering	20511529	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	376575	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1933198	usd
	empr	Net Proceeds From Warrant Exercise NetProceedsFromWarrantExercise	628903	usd
	empr	Proceeds From Bridge Loans From Related Parties ProceedsFromBridgeLoansFromRelatedParties	10000000	usd
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	2500000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	29713857	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	10566802	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-4642792	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-909608	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	7792508	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	11944442	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3149716	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	11034834	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	663662	usd
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	398033	usd
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zrF5VrVj17Cl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86C_zlBUD9eF7Kjf">Concentrations of Credit Risk</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt">Empire’s accounts receivable are primarily receivables from oil and natural gas purchasers and joint interest owners. The purchasers of Empire’s oil and natural gas production consist primarily of independent marketers, major oil and natural gas companies and gas pipeline companies. Historically, Empire has not experienced any significant losses from uncollectible accounts from its oil and natural gas purchasers. Empire operates a substantial portion of its oil and natural gas properties. As the operator of a property, Empire makes full payments for costs associated with the property and seeks reimbursement from the other working interest owners in the property for their share of those costs. Joint operating agreements govern the operations of an oil or natural gas well and, in most instances, provide for offsetting of amounts payable or receivable between Empire and its joint interest owners. Empire’s joint interest partners consist primarily of independent oil and natural gas producers. If the oil and natural gas exploration and production industry in general was adversely affected, the ability of Empire’s joint interest partners to reimburse Empire could be adversely affected.</span><span style="font-size: 4pt"> </span></p>
CY2024Q3	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	129301577	usd
CY2023Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	75346623	usd
CY2024Q3	us-gaap	Capitalized Costs Unproved Properties CapitalizedCostsUnprovedProperties	3708866	usd
CY2023Q4	us-gaap	Capitalized Costs Unproved Properties CapitalizedCostsUnprovedProperties	3245431	usd
CY2024Q3	empr	Capitalized Costs Work In Process CapitalizedCostsWorkInProcess	3380612	usd
CY2023Q4	empr	Capitalized Costs Work In Process CapitalizedCostsWorkInProcess	14917749	usd
CY2024Q3	us-gaap	Capitalized Costs Oil And Gas Producing Activities Gross CapitalizedCostsOilAndGasProducingActivitiesGross	136391055	usd
CY2023Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Gross CapitalizedCostsOilAndGasProducingActivitiesGross	93509803	usd
CY2024Q3	us-gaap	Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities	29561539	usd
CY2023Q4	us-gaap	Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities	22996805	usd
CY2024Q3	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	106829516	usd
CY2023Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	70512998	usd
CY2024Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2521000	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	677000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6565000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1897000	usd
CY2024Q3	empr	Agreed Value Of Purchase Price For Energy Evolution AgreedValueOfPurchasePriceForEnergyEvolution	3000000	usd
CY2024Q3	empr	Actual Value Of Purchase Price For Energy Evolution ActualValueOfPurchasePriceForEnergyEvolution	5000000	usd
CY2024Q3	empr	Exercise Price Of Remaining Option Assets ExercisePriceOfRemainingOptionAssets	2000000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	3137500	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	2998018	usd
CY2024Q3	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	1701009	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	1114807	usd
CY2024Q3	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1436491	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	1883211	usd
CY2024Q3	us-gaap	Depreciation Depreciation	76000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	51000	usd
	us-gaap	Depreciation Depreciation	199000	usd
	us-gaap	Depreciation Depreciation	164000	usd
	empr	Asset Retirement Obligations Beginning Of Period AssetRetirementObligationsBeginningOfPeriod	28168427	usd
	empr	Asset Retirement Obligations Beginning Of Period AssetRetirementObligationsBeginningOfPeriod	25000740	usd
	empr	Asset Retirement Obligation Addition Of Estimate AssetRetirementObligationAdditionOfEstimate	876955	usd
	empr	Asset Retirement Obligation Addition Of Estimate AssetRetirementObligationAdditionOfEstimate	72000	usd
	empr	Liabilities Settled LiabilitiesSettled	-864138	usd
	empr	Liabilities Settled LiabilitiesSettled	-910967	usd
	empr	Revision To Estimates RevisionToEstimates	2303939	usd
	us-gaap	Accretion Expense AccretionExpense	1486929	usd
	us-gaap	Accretion Expense AccretionExpense	1277140	usd
	empr	Asset Retirement Obligation End Of Period AssetRetirementObligationEndOfPeriod	29668173	usd
	empr	Asset Retirement Obligation End Of Period AssetRetirementObligationEndOfPeriod	27742852	usd
CY2024Q3	empr	Less Current Portion Included In Accrued Expenses LessCurrentPortionIncludedInAccruedExpenses	700000	usd
	empr	Asset Retirement Obligation Longterm AssetRetirementObligationLongterm	28968173	usd
	empr	Asset Retirement Obligation Longterm AssetRetirementObligationLongterm	27742852	usd
CY2024Q3	empr	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	281530	usd
CY2023Q3	empr	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	-45855	usd
	empr	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	18200	usd
	empr	Net Cash Receipts From Payments On Derivatives NetCashReceiptsFromPaymentsOnDerivatives	-87042	usd
CY2024Q3	empr	Oil Gas And Ngl Receivables OilGasAndNglReceivables	2627784	usd
CY2023Q4	empr	Oil Gas And Ngl Receivables OilGasAndNglReceivables	2784745	usd
CY2024Q3	us-gaap	Oil And Gas Joint Interest Billing Receivables OilAndGasJointInterestBillingReceivables	3742676	usd
CY2023Q4	us-gaap	Oil And Gas Joint Interest Billing Receivables OilAndGasJointInterestBillingReceivables	5444331	usd
CY2024Q3	us-gaap	Other Receivables OtherReceivables	135281	usd
CY2023Q4	us-gaap	Other Receivables OtherReceivables	125560	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6505741	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8354636	usd
CY2024Q3	empr	Accrued And Suspended Thirdparty Revenue Current AccruedAndSuspendedThirdpartyRevenueCurrent	5158450	usd
CY2023Q4	empr	Accrued And Suspended Thirdparty Revenue Current AccruedAndSuspendedThirdpartyRevenueCurrent	4049984	usd
CY2024Q3	empr	Accrued Salaries And Payroll Taxes AccruedSalariesAndPayrollTaxes	780006	usd
CY2023Q4	empr	Accrued Salaries And Payroll Taxes AccruedSalariesAndPayrollTaxes	1059295	usd
CY2024Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1042594	usd
CY2023Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	829226	usd
CY2024Q3	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	700000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	700000	usd
CY2024Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	465407	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	436797	usd
CY2024Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	8146457	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	7075302	usd
	empr	Schedule Of Unamortize Expense Table Textblock ScheduleOfUnamortizeExpenseTableTextblock	<p id="xdx_892_ecustom--ScheduleOfUnamortizeExpenseTableTextblock_zTUjM9swxix4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_8B2_z3MucH65KZZ1">The following table represents Empire’s outstanding debt as of the dates presented:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="2" style="font: 9.5pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto" summary="xdx: Disclosure - Property (Details)"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">September 30, 2024</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, 2023</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Equity Bank Credit Facility</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtCurrent_iI_c20240930__us-gaap--PlanNameAxis__custom--EquityBankCreditFacilityMember_zw6gjC27PPK6" style="width: 14%; text-align: right">8,442,484</td><td style="width: 1%; text-align: left"> </td><td style="width: 4%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--DebtCurrent_iI_c20231231__us-gaap--PlanNameAxis__custom--EquityBankCreditFacilityMember_zDhUjxkcAd7g" style="width: 14%; text-align: right">4,492,484</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Note Payable – Related Party</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtCurrent_iI_c20240930__us-gaap--PlanNameAxis__custom--NotePayableRelatedPartyMember_zCEwzXhlIjg6" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0861">—</span></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtCurrent_iI_c20231231__us-gaap--PlanNameAxis__custom--NotePayableRelatedPartyMember_zprRT35lW6e8" style="text-align: right">1,060,004</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Equipment and vehicle notes, 0.00% to 9.00% interest rates, due in 2025 to 2028 with monthly payments ranging from $900 to $1,400 per month</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--DebtCurrent_iI_c20240930__us-gaap--PlanNameAxis__custom--VariousVehicleandEquipmentLoansMember_zYaS4hDJs3k9" style="text-align: right">115,482</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtCurrent_iI_c20231231__us-gaap--PlanNameAxis__custom--VariousVehicleandEquipmentLoansMember_zpZh8wKUeeNg" style="text-align: right">148,516</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Note Payable to insurance provider, bears 7.29% interest, matures January 2025, monthly payments of principal and interest of $51,067</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtCurrent_iI_c20240930__us-gaap--PlanNameAxis__custom--NotePayableInsuranceProviderBearsInterestMaturesMember_zLyIPuCQ6lI2" style="text-align: right">147,232</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtCurrent_iI_c20231231__us-gaap--PlanNameAxis__custom--NotePayableInsuranceProviderBearsInterestMaturesMember_zirCru6OYpT8" style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0866">—</span></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Total Debt</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--DebtCurrent_iI_c20240930_ztBsOUNqMY2k" style="text-align: right" title="Total debt">8,705,198</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtCurrent_iI_c20231231_zNmNLD1mDjSi" style="text-align: right" title="Total debt">5,701,004</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Less: Current Maturities</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--LongTermDebtCurrent_iNI_di_c20240930_zuRnwB1RiYc5" style="text-align: right" title="Less: current maturities">(193,178</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--LongTermDebtCurrent_iNI_di_c20231231_zp17ZcpMybv8" style="text-align: right" title="Less: current maturities">(44,225</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Note Payable – Related Party</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--OtherLongTermNotesPayable_iNI_di_c20240930_znrkIzVlZH13" style="border-bottom: Black 1pt solid; text-align: right" title="Less: note payable - related party"><span style="-sec-ix-hidden: xdx2ixbrl0876">—</span></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--OtherLongTermNotesPayable_iNI_di_c20231231_z053gHOsylR3" style="border-bottom: Black 1pt solid; text-align: right" title="Less: note payable - related party">(1,060,004</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Long-Term Debt</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--LongTermDebt_iI_c20240930_ztdzJYnmdbsg" style="border-bottom: Black 2.5pt double; text-align: right" title="Long term debt">8,512,020</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--LongTermDebt_iI_c20231231_zwyqUjUVfyw9" style="border-bottom: Black 2.5pt double; text-align: right" title="Long term debt">4,596,775</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2024Q3	us-gaap	Debt Current DebtCurrent	8705198	usd
CY2023Q4	us-gaap	Debt Current DebtCurrent	5701004	usd
CY2024Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	193178	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	44225	usd
CY2023Q4	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable	1060004	usd
CY2024Q3	us-gaap	Long Term Debt LongTermDebt	8512020	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	4596775	usd
CY2023Q4	us-gaap	Other Commitments Description OtherCommitmentsDescription	entered into a Revolver Loan Agreement with Equity Bank (the “Revolver”). Pursuant to the Revolver (a) the initial revolver commitment amount is $10,000,000; (b) the maximum revolver commitment amount is $15,000,000; (c) commencing on January 31, 2024, and occurring on the last day of each calendar month thereafter, the revolver commitment amount is reduced by $150,000; (d) commencing on March 31, 2024, there are scheduled semiannual collateral borrowing base redeterminations each year on March 31 and September 30; (e) the final maturity date is December 29, 2026; (f) outstanding borrowings bear interest at a rate equal to the prime rate of interest plus 1.50%, and in no event lower than 8.50%; (g) a quarterly commitment fee is based on the unused portion of the commitments; and (h) Borrowers have the right to prepay loans under the Revolver at any time without a prepayment penalty.
CY2024Q3	us-gaap	Principal Amount Outstanding Of Loans Held In Portfolio PrincipalAmountOutstandingOfLoansHeldInPortfolio	1060004	usd
	us-gaap	Lessor Operating Lease Description LessorOperatingLeaseDescription	The leases expire between 2024 and 2027.
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	407000	usd
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	288000	usd
	empr	Cash Paid For Right Of Use Leases CashPaidForRightOfUseLeases	376000	usd
	empr	Cash Paid For Right Of Use Leases CashPaidForRightOfUseLeases	279000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	716956	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1077031	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	415850	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	432822	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	238674	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	544382	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	654524	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	977204	usd
CY2024Q3	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0835	pure
CY2024Q3	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	454117	usd
CY2024Q3	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	226702	usd
CY2024Q3	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	21700	usd
CY2024Q3	us-gaap	Capital Leases Future Minimum Payments Due In Five Years CapitalLeasesFutureMinimumPaymentsDueInFiveYears	702519	usd
CY2024Q3	us-gaap	Capital Leases Future Minimum Payments Interest Included In Payments CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments	47995	usd
CY2024Q3	us-gaap	Capital Lease Obligations CapitalLeaseObligations	654524	usd
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	190000000	shares
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
	us-gaap	Preferred Stock Voting Rights PreferredStockVotingRights	the voting rights of the Series A Voting Preferred Stock are contingent upon the Initial Holder and Permitted Transferees (collectively, the “Series A Holders”) holding together at least 3,000,000 shares of Empire’s outstanding common stock.
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0	pure
CY2024Q3	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-764319	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2023Q3	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-605293	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-2520962	usd
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1639438	usd
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2024Q3	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-174818	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048	pure
CY2023Q3	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-138056	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048	pure
	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-576604	usd
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048	pure
	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-374979	usd
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.048	pure
CY2024Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	37648	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	-0.010	pure
CY2023Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	-5469	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.002	pure
	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	47172	usd
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	-0.004	pure
	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	-1529	usd
	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.000	pure
CY2024Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	-4615	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.001	pure
CY2023Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	-5355	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.002	pure
	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	-135242	usd
	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.011	pure
	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	-5355	usd
	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.001	pure
CY2024Q3	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	906104	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.249	pure
CY2023Q3	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	619453	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.215	pure
	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	3185636	usd
	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.265	pure
	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	1886581	usd
	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.242	pure
CY2024Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.000	pure
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-134720	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.047	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.000	pure
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-134720	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.017	pure

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$EP
Empire Petroleum Corp Stock $ep

2024 Q4 Form 10-Q Financial Statement

#000107261324000864 Filed on November 13, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EP Empire Petroleum Corp Stock $ep

2024 Q4 Form 10-Q Financial Statement

#000107261324000864 Filed on November 13, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EP
Empire Petroleum Corp Stock $ep