EP Stock Overview Engages in the acquisition, exploration, and development of oil and gas interests in Louisiana, New Mexico, Montana, North Dakota, and Texas. More details
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Add noteEmpire Petroleum Corporation Competitors Price History & Performance
Summary of share price highs, lows and changes for Empire Petroleum Historical stock prices Current Share Price US$6.71 52 Week High US$10.99 52 Week Low US$4.06 Beta 1.19 1 Month Change 13.92% 3 Month Change 34.74% 1 Year Change -36.03% 3 Year Change -37.64% 5 Year Change 1,018.33% Change since IPO 833.80%
Recent News & Updates
Independent Chairman of the Board exercised options to buy US$3.6m worth of stock. Dec 01
Independent Director exercised options to buy US$206k worth of stock. Nov 19
Third quarter 2024 earnings released: US$0.12 loss per share (vs US$0.12 loss in 3Q 2023) Nov 14 Empire Petroleum Corporation has completed a Follow-on Equity Offering in the amount of $10 million. Oct 25
Second quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 2Q 2023) Aug 15
Independent Chairman of the Board recently bought US$201k worth of stock Jul 02 See more updates
Independent Chairman of the Board exercised options to buy US$3.6m worth of stock. Dec 01
Independent Director exercised options to buy US$206k worth of stock. Nov 19
Third quarter 2024 earnings released: US$0.12 loss per share (vs US$0.12 loss in 3Q 2023) Nov 14 Empire Petroleum Corporation has completed a Follow-on Equity Offering in the amount of $10 million. Oct 25
Second quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 2Q 2023) Aug 15
Independent Chairman of the Board recently bought US$201k worth of stock Jul 02
New minor risk - Share price stability Jun 03
First quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 1Q 2023) May 16
Empire Petroleum Corporation, Annual General Meeting, Jun 14, 2024 May 01
CEO, COO exercised options to buy US$341k worth of stock. Apr 25
Full year 2023 earnings released: US$0.55 loss per share (vs US$0.34 profit in FY 2022) Mar 31 Empire Petroleum Corporation Announces Stephen L. Faulkner, Jr. (Larry) Resigns as Chief Accounting Officer
Empire Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $25.000004 million. Mar 01 Empire Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $25.000004 million. Empire Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $25.000004 million. Feb 28
Empire Petroleum Corporation announced that it has received $10.054656 million in funding Nov 30
Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.01 profit in 3Q 2022) Nov 15
New minor risk - Share price stability Nov 11 Empire Petroleum Commences 2023 Development Program Oct 12
New major risk - Financial position Aug 16
Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.27 profit in 2Q 2022) Aug 15
Empire Petroleum Corporation (NYSEAM:EP) acquired Additional Interests in Eunice Monument South Unit A, Eunice Monument South Unit B, and Arrowhead Grayburg Unit from Coert Holdings 1 LLC for approximately $6.7 million. Aug 11
Empire Petroleum Corporation Announces Resignation of Eugene J. Sweeney as Chief Operating Officer Jul 14
Independent Chairman of the Board recently bought US$229k worth of stock Jun 04
First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.18 profit in 1Q 2022) May 17 Empire Petroleum Names Stephen Faulkner CFO
Investor sentiment deteriorates as stock falls 16% May 04
High number of new and inexperienced directors Mar 28
Independent Chairman of the Board recently bought US$942k worth of stock Dec 23
Third quarter 2022 earnings released: EPS: US$0.01 (vs US$0.23 loss in 3Q 2021) Nov 16
Empire Petroleum Corporation Resigns as Chief Accounting Officer, Effective November 30, 2022 Nov 16
Empire Petroleum Corporation to Report Q3, 2022 Results on Nov 14, 2022 Nov 11
Independent Chairman of the Board recently bought US$1.6m worth of stock Sep 22
Second quarter 2022 earnings released: EPS: US$0.27 (vs US$0.35 loss in 2Q 2021) Aug 16
Empire Petroleum Corporation to Report Q2, 2022 Results on Aug 16, 2022 Aug 11
Empire Petroleum Corporation, Annual General Meeting, Aug 26, 2022 Jul 28
Chairman of the Board recently bought US$714k worth of stock Jul 03
Insider recently sold US$5.9m worth of stock Jun 19
First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.13 loss in 1Q 2021) May 18
Empire Petroleum Appoints Andrew Lewis as Board Member May 03
Less than half of directors are independent Apr 27
Empire Petroleum Corporation (NYSEAM:EP) acquired Operated and Non-operated Oil and Natural Gas Assets in North Dakota. Apr 21
Full year 2021 earnings released: US$1.27 loss per share (vs US$2.97 loss in FY 2020) Apr 02
No independent directors Mar 10
Empire Petroleum Corporation Appoints Eugene Sweeney as Chief Operating Officer Mar 03
Empire Petroleum Corporation announced delayed 10-Q filing Aug 18
Empire Petroleum Corporation announced that it has received $0.525 million in funding from Petroleum Independent and Exploration Corporation Aug 21
Empire Petroleum Corporation announced that it expects to receive $0.525 million in funding from Petroleum Independent and Exploration Corporation Aug 12 Shareholder Returns EP US Oil and Gas US Market 7D 1.1% -5.1% -2.4% 1Y -36.0% 2.7% 23.4%
See full shareholder returns
Return vs Market: EP underperformed the US Market which returned 23.4% over the past year.
Price Volatility Is EP's price volatile compared to industry and market? EP volatility EP Average Weekly Movement 10.0% Oil and Gas Industry Average Movement 5.4% Market Average Movement 6.3% 10% most volatile stocks in US Market 16.8% 10% least volatile stocks in US Market 3.1%
Stable Share Price: EP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: EP's weekly volatility (10%) has been stable over the past year.
About the Company Empire Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas interests in Louisiana, New Mexico, Montana, North Dakota, and Texas. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.
Show more Empire Petroleum Corporation Fundamentals Summary How do Empire Petroleum's earnings and revenue compare to its market cap? EP fundamental statistics Market cap US$225.67m Earnings (TTM ) -US$16.80m Revenue (TTM ) US$43.25m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) EP income statement (TTM ) Revenue US$43.25m Cost of Revenue US$32.66m Gross Profit US$10.59m Other Expenses US$27.39m Earnings -US$16.80m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.50 Gross Margin 24.48% Net Profit Margin -38.84% Debt/Equity Ratio 15.4%
How did EP perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 06:02 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Empire Petroleum Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.