Empire Petroleum Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was USD 52.89 million compared to USD 27.09 million a year ago. Net income was USD 7.08 million compared to net loss of USD 18.61 million a year ago.

Basic earnings per share from continuing operations was USD 0.34 compared to basic loss per share from continuing operations of USD 1.27 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to diluted loss per share from continuing operations of USD 1.27 a year ago.