EMPIRE PETROLEUM CORP (EMPR) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenue:
Oil Sales	45.0	22.3	5.5
Gas Sales	4.5	2.3	0.3
Total Product Revenues	52.9	27.1	7.7	5.9	0.5		0.3
Total Product Revenues growth	95.2%	250.6%	31.9%	1158.8%		-100.0%
Other	0.1	0.2	0.1
Loss on Derivatives	-0.4	-0.6	1.7
Total Revenue	52.9	27.1	7.7	5.9	0.5		0.3
Total Revenue growth	95.2%	250.6%	31.9%	1158.8%		-100.0%
Costs and Expenses:
Lease Operating Expense (Including Workovers)	23.6	13.3
Production and Ad Valorem Taxes	3.9	2.1
Depletion, Depreciation & Amortization	1.9	2.5	3.1	3.4	0.0
Accretion of Asset Retirement Obligation	1.4	1.2	0.9

General and Administrative Expense:
Total General and Administrative Expense	12.3	8.5	7.4	3.6	1.2	0.8	0.2	0.2
Total Costs and Expenses	44.1	27.6	25.3	12.0	1.4	0.8	0.4	0.2
Operating Income (Loss)	8.8	-0.5	-17.6	-6.2	-0.9	-0.8	-0.4	-0.2
Operating margin	16.6%	-1.7%	-227.5%	-105.0%	-196.8%

Other Income and (Expense):
Interest Expense	-1.5	-8.6	-0.5	-0.5			0.0
Other Income (Expense)	-1.0	0.4					0.0
Income (Loss) Before Income Taxes	7.3	-18.6

Income Tax (Provision) Benefit
Net Income (Loss)	7.1	-18.6	-16.8	-6.7	-1.0	-0.8	-0.4	-0.2

Net Income (Loss) per Common Share:
Basic	$0.34	($1.27)	($2.97)	($0.33)	($0.08)	($0.08)	($0.04)	($0.02)
Diluted	$0.30	($1.27)	($2.97)	($0.33)	($0.08)	($0.08)	($0.04)	($0.02)

Weighted Average Number of Common Shares Outstanding:
Basic	21.0	14.6	5.7	19.9	13.2	10.9	8.7	8.6
Diluted	23.4	14.6	5.7	19.9	13.2	10.9	8.7	8.6