EMPIRE PETROLEUM CORP
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 13, 2026
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Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| | Empire Petroleum Corporation | |
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| Date: March 13, 2026 | By: | /s/ Michael R. Morrisett |
| | | Name: Michael R. Morrisett |
| | | Title: President and Chief Executive Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| Signature | | Title | | Date |
|---|---|---|---|---|
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| /s/ Michael R. Morrisett | | Director, President and Chief Executive Officer | | March 13, 2026 |
| MICHAEL R. MORRISETT | | (Principal Executive Officer and Principal Financial Officer) | | |
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| /s/ Matthew E. Watson | | Chief Accounting Officer | | March 13, 2026 |
| MATTHEW E. WATSON | | (Principal Accounting Officer) | | |
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| /s/ Phil E. Mulacek | | Director and Chairman of the Board | | March 13, 2026 |
| PHIL E. MULACEK | | | | |
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| /s/ Andrew L. Lewis | | Director | | March 13, 2026 |
| ANDREW L. LEWIS | | | | |
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| /s/ Mason H. Matschke | | Director | | March 13, 2026 |
| MASON H. MATSCHKE | | | | |
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| /s/ Benjamin J. Marchive II | | Director | | March 13, 2026 |
| BENJAMIN J. MARCHIVE II | | | | |
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| /s/ J. Kevin Vann | | Director | | March 13, 2026 |
| J. KEVIN VANN | | | | |
CONSOLIDATED FINANCIAL STATEMENTS
TABLE OF CONTENTS
| Page No. | |
|---|---|
| Report of Independent Registered Public Accounting Firm – Grant Thornton LLP (PCAOB ID Number 248) | 44 |
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | 46 |
| Consolidated Statements of Operations for the years ended December 31, 2025 and 2024 | 47 |
| Consolidated Statements of Changes in Stockholders’ Equity (Deficit) for the years ended December 31, 2025 and 2024 | 48 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2025 and 2024 | 49 |
| Notes to Consolidated Financial Statements | 50 |
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