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Empire Petroleum Corporation Common Stock (EP)

5.8500
-0.2300 (-3.78%)
SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close6.080
Open6.010
Bid5.600
Ask6.950
Day's Range5.750 - 6.010
52 Week Range4.060 - 8.460
Volume18,091
Market Cap-
PE Ratio (TTM)-
EPS (TTM)-
Dividend & YieldN/A (N/A)
1 Month Average Volume21,529

News & Press Releases

Why IMAC Holdings Shares Are Trading Higher By Over 108%; Here Are 20 Stocks Moving Premarketbenzinga.com
Via Benzinga · January 28, 2025
12 Energy Stocks Moving In Wednesday's Pre-Market Sessionbenzinga.com
Via Benzinga · January 22, 2025
Empire Petroleum Increases Revolver Loan Facility with Equity Bank to $20 Million in Support of Strategic Growth Initiatives
Empire Petroleum Corporation (NYSE American: EP) (“Empire” or the “Company”) today announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank (Equity Bancshares, Inc. NYSE: EQBK), increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December 29, 2026. Currently, Empire has approximately $8.4 million borrowed on the $20.0 million facility.
By Empire Petroleum Corporation · Via Business Wire · November 22, 2024
Empire Petroleum Reports Q3 2024 Results and Provides Strategic Operational Updates
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today reported 2024 third quarter results and progress on its North Dakota development program.
By Empire Petroleum Corporation · Via Business Wire · November 14, 2024
EP Stock Earnings: Empire Petroleum Reported Results for Q1 2024investorplace.com
Empire Petroleum just reported results for the first quarter of 2024.
Via InvestorPlace · June 25, 2024
EP Stock Earnings: Empire Petroleum Reported Results for Q4 2023investorplace.com
Empire Petroleum just reported results for the fourth quarter of 2023.
Via InvestorPlace · April 1, 2024
Empire Petroleum Announces Full Subscription of Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that its previously announced rights offering (the “Rights Offering”) was fully subscribed. The subscription period for the Rights Offering expired at 5:00 p.m., New York City time, on October 24, 2024.
By Empire Petroleum Corporation · Via Business Wire · October 25, 2024
Empire Petroleum Announces Extension of Previously Announced Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has extended the expiration date of its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $10.0 million. The Company has extended the Expiration Date in order to allow its stockholders to have more time to consider their participation and arrange finances for the Rights Offering. A contributing factor is requests by Company stockholders as a result of the recent disruption caused by Hurricane Milton.
By Empire Petroleum Corporation · Via Business Wire · October 10, 2024
Empire Petroleum Announces Commencement of Previously Announced Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $10.0 million. The Company is distributing at no charge to holders of its common stock, par value $0.001 per share (“Common Stock”), as of the close of business on September 30, 2024 (the record date for the Rights Offering), one subscription right for each share of Common Stock held. Each subscription right entitles the holder to purchase 0.063 shares of Common Stock at a subscription price of $5.05 per share per one whole share of Common Stock. As a result, a stockholder must hold at least 16 shares of Common Stock to receive subscription rights to purchase at least one share of Common Stock. The subscription rights are non-transferable, and will not be listed for trading on any stock exchange or market. In addition, holders of subscription rights who fully exercise their subscription rights are entitled to over-subscribe for additional shares of Common Stock, subject to proration.
By Empire Petroleum Corporation · Via Business Wire · October 1, 2024
Empire Petroleum Announces Record Date for Proposed Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that its Board of Directors has fixed the close of business on September 30, 2024 as the record date (the “Record Date”) for a subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $10 million. The Company will distribute at no charge to holders of its common stock, par value $0.001 per share (“Common Stock”), as of the close of business on the Record Date one subscription right for each share of Common Stock held. Each subscription right will entitle the holder to purchase 0.063 shares of Common Stock at a subscription price of $5.05 per share. If fully subscribed, this would result in the issuance of an aggregate of approximately 1.98 million shares of Common Stock. The subscription rights are non-transferable, and will not be listed for trading on any stock exchange or market. In addition, holders of subscription rights who fully exercise their subscription rights will be entitled to over-subscribe for additional shares of Common Stock, subject to proration.
By Empire Petroleum Corporation · Via Business Wire · September 20, 2024
Newman Ferrara LLP Announces Corporate Governance Investigation of Empire Petroleum Corporation – EP
Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of Empire Petroleum Corporation (“Empire” or the “Company”) (NYSEEP) into potential breaches of fiduciary duty by the Company’s Board of Directors (the “Board”).
By Newman Ferrara LLP · Via Business Wire · August 19, 2024
Empire Petroleum Reports Q2 2024 Results and Provides an Update for North Dakota Drilling Program
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today reported 2024 second quarter results and progress on its North Dakota development drilling program.
By Empire Petroleum · Via Business Wire · August 14, 2024
Empire Petroleum Provides Encouraging North Dakota Drilling Program Update and Reports Q1 2024 Results
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today provided an update on its North Dakota development drilling program and reported results for the first quarter of 2024.
Empire Petroleum Announces Full Subscription of Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today its previously announced rights offering (the “Rights Offering”) was fully subscribed. The subscription period for the Rights Offering expired at 5:00 p.m., New York City time, on April 10, 2024.
By Empire Petroleum Corporation · Via Business Wire · April 11, 2024
Empire Petroleum Announces Results for Fourth Quarter and Full Year 2023
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana today announced operational and financial results for the fourth quarter and full year of 2023, including year-end 2023 proved reserves.
By Empire Petroleum Corporation · Via Business Wire · April 1, 2024
Empire Petroleum Announces Modification of Terms of Previously Announced Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has modified the terms of its previously announced subscription rights offering (“Rights Offering”). The Company has distributed at no charge to holders of its common stock, par value $0.001 per share (“Common Stock”), as of the close of business on March 7, 2024 (the record date for the Rights Offering), one subscription right for each share of Common Stock held. As modified, each subscription right entitles the holder to purchase 0.161 shares of Common Stock at a subscription price of $5.00 per one whole share of Common Stock for gross proceeds of up to approximately $20.66 million. The subscription rights are non-transferable, and will not be listed for trading on any stock exchange or market. In addition, holders of subscription rights who fully exercise their subscription rights are entitled to over-subscribe for additional shares of Common Stock, subject to proration.
By Empire Petroleum Corporation · Via Business Wire · March 28, 2024
Empire Petroleum to Participate in the 36th Annual ROTH Conference
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana today announced that the Company is scheduled to participate in the 36th Annual ROTH Conference to be held at the Ritz Carlton Laguna Nigel in Dana Point, California, on March 17-19, 2024. Michael Morrisett, President & Chief Executive Officer of Empire, will host one-on-one meetings with investors to share insights into the Company’s recent operations and results.
By Empire Petroleum Corporation · Via Business Wire · March 14, 2024
Empire Petroleum Issues Correction for Previously Announced Proposed Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today a correction to its prior announcement regarding its subscription rights offering (“Rights Offering”) with a record date of the close of business on March 7, 2024 (the “Record Date”) pursuant to which it intends to raise gross proceeds of up to approximately $25 million. The initial release indicated that each subscription right entitled the holder to purchase 4,132,232 shares at the subscription price of $6.05. It should have indicated that the Company is offering holders the right to purchase an aggregate of 4,132,232 shares of Common Stock upon exercise of the subscription rights at a subscription price of $6.05 per share.
By Empire Petroleum Corporation · Via Business Wire · February 28, 2024
Empire Petroleum Announces Record Date for Proposed Rights Offering
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that its Board of Directors has fixed the close of business on March 7, 2024 as the record date (the “Record Date”) for a subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $25 million. The Company will distribute at no charge to holders of its common stock, par value $0.001 per share (“Common Stock”), as of the close of business on the Record Date one subscription right for each share of Common Stock held. Each subscription right will entitle the holder to purchase 4,132,232 shares of Common Stock at a subscription price of $6.05 per share. The subscription rights are non-transferable, and will not be listed for trading on any stock exchange or market. In addition, holders of subscription rights who fully exercise their subscription rights will be entitled to over-subscribe for additional shares of Common Stock, subject to proration.
By Empire Petroleum Corporation · Via Business Wire · February 28, 2024
Empire Petroleum Announces Operational Update and Preliminary Financial Results for Fourth Quarter 2023
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana, today provided an update on its program to further develop its Starbuck Field located in North Dakota (the “Starbuck Drilling Program”). In addition, the Company announced preliminary operational and financial results for Q4 2023. Empire expects 2024 to be a year of progress as it continues to advance the Starbuck Drilling Program and begins technical work for production uplift opportunities in New Mexico and Texas.
By Empire Petroleum · Via Business Wire · February 23, 2024
Top 5 Energy Stocks That May Explode In Februarybenzinga.com
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Via Benzinga · February 7, 2024
Insiders Buying Empire Petroleum And 2 Other Stocksbenzinga.com
Although U.S. stocks closed mostly lower on the first trading day of 2024, there were a few notable insider trades.
Via Benzinga · January 3, 2024
Insiders Buying Westrock Coffee And 3 Other Stocksbenzinga.com
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Via Benzinga · December 4, 2023
Empire Petroleum Announces Results for Third Quarter 2023
Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas and Louisiana, today announced operational and financial results for the third quarter of 2023. In addition, the Company provided an update on its targeted drilling program underway at its Starbuck field in North Dakota (the “Starbuck Drilling Program”).
By Empire Petroleum · Via Business Wire · November 13, 2023
Empire Petroleum Commences 2023 Development Program
Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today announced the formal commencement of its 2023 drilling program with the recent spud of a new well at its North Dakota asset (the “Starbuck” Field).
By Empire Petroleum Corporation · Via Business Wire · October 11, 2023