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EP

Empire Petroleum Corporation

$2.94

7.73%

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$2.94

7.73%
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Events of Empire Petroleum Corporation (EP)

Empire Petroleum Corp.'s stock price has experienced a decline of 30.60% over the past year, with the share price at $3.13 as of September 4, 2026, compared to $4.51 on September 8, 2025. More recently, the stock has fallen by -8.06% in the past week and -28.08% over the last month as of December 25, 2025. Several events have impacted the company's stock in the past six months: Empire Petroleum reported a net loss of $6.6 million for the first quarter of 2026, compared to a $4.2 million net loss in Q1 2025, with total product revenues decreasing to $7.7 million. The company narrowed its Q2 2026 net loss to $1.9 million, an improvement from a $5.1 million loss in Q2 2025, with product revenue increasing to $11.1 million despite decreased sales volumes. In August 2026, Empire Petroleum announced a strategic milestone with the successful 21,006-foot re-entry and subsurface evaluation of a well in the Western Haynesville in Texas. On September 10, 2026, Empire Petroleum entered into a financing arrangement by issuing a convertible promissory note for $3,250,000 to Petroleum Independent & Exploration, LLC for general working capital. The company filed a $350 million mixed securities shelf registration statement on September 3, 2026. Empire Petroleum announced a record date for a proposed rights offering. The company announced its participation in a Louisiana oil and natural gas development program. As of September 10, 2026, the company's market capitalization was less than US$100 million (US$95.6 million), which is considered a minor risk due to elevated risk associated with smaller companies.

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