Empire Petroleum Posts Lower Revenue

The Tulsa, Oklahoma-based producer reported $7.68 million in sales revenue for the first quarter, down from $8.99 million for the same three-month period last year due to lower production and lower realized oil and gas prices.

Empire Petroleum Corp has reported $7.68 million in sales revenue for the first quarter (Q1), down from $8.99 million for the same three-month period last year due to lower production and lower realized oil and gas prices.

Total revenue fell to $5.1 million for the January-March 2026 quarter due to derivatives losses of $2.59 million…

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