Empire Petroleum
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Empire Petroleum generated cash of -$9,887,500, which is less than the previous year. Cash used in financing activities reached the amount of $20,502,905 last year. Net change in cash is therefore -$4,151,934.
Cash Flow
| 2014 | -154.56K | 0 | 151.72K |
|---|---|---|---|
| 2015 | -116.97K | 0 | 135K |
| 2016 | -81.86K | 0 | 132.5K |
| 2017 | -235.96K | 0 | 245K |
| 2018 | -564.89K | -916.57K | 1.48M |
| 2019 | -592.33K | -6.17M | 6.68M |
| 2020 | -1.72M | 856.29K | 1.02M |
| 2021 | 3.17M | -24.71M | 25.00M |
| 2022 | 18.05M | -11.41M | 1.69M |
| 2023 | -9.88M | -14.76M | 20.50M |
EP Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 11.94M | 3.61M | 157.69K | 0 | 84.63K | 77.78K | 68.74K | 18.10K | 82 | 2.92K |
Operating activities | ||||||||||
Net income | -12.46M | 7.08M | -18.61M | -16.83M | -6.65M | -1.01M | -830.06K | -381.91K | -174.92K | -236.58K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 5.27M | 2.21M | 3.85M | 4.04M | 3.65M | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 3.14M | 2.71M | 1.50M | 2.70M | 1.49M | 0 | 472.7K | 0 | 50K | 0 |
| Deferred income tax benefit | 3.14M | 2.71M | 1.50M | 2.70M | 1.49M | 0 | 472.7K | 0 | 50K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -2.70M | -1.81M | -6.48M | -168.61K | -858.23K | -124.57K | 0 | 0 | 0 | -14.00K |
Inventories | -160.82K | -802.39K | -506.57K | 92.29K | -37.98K | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 751.35K | 526.68K | 2.21M | 891.70K | 704.83K | 255.78K | 0 | 0 | 7.94K | 2.80K |
Cash generated by operating activities | -9.88M | 18.05M | 3.17M | -1.72M | -592.33K | -564.89K | -235.96K | -81.86K | -116.97K | -154.56K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -4.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -16.99M | -13.44M | -19.90M | -513.51K | -6.17M | -916.57K | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 1.36M | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -14.76M | -11.41M | -24.71M | 856.29K | -6.17M | -916.57K | 0 | 0 | 0 | 0 |
Financing activities | ||||||||||
Common Stock Issued | 12.46M | 3.39M | 11.29M | 525K | 167K | 287.5K | 117.5K | 0 | 135K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 8.04M | -1.69M | -5.89M | -426.03K | 6.51M | 0 | 127.5K | 0 | 0 | 0 |
Cash used in financing activities | 20.50M | 1.69M | 25.00M | 1.02M | 6.68M | 1.48M | 245K | 132.5K | 135K | 151.72K |
Net Change In Cash | -4.15M | 8.33M | 3.45M | 157.69K | -84.63K | 6.85K | 9.03K | 50.63K | 18.02K | -2.84K |
Cash at end of period | 7.79M | 11.94M | 3.61M | 157.69K | 0 | 84.63K | 77.78K | 68.74K | 18.10K | 82 |
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