Empire Petroleum Insider Makes Bold Move With Fresh Stock Purchase
TipRanks (Tue, 13-Oct 10:04 PM ET)
Business Wire (Mon, 17-Aug 5:45 AM ET)
Empire Petroleum Reports Financial Results for Second Quarter 2026 and Provides Operational Update
Business Wire (Mon, 17-Aug 5:30 AM ET)
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the United States onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas. The Company operates as one operating segment and one reportable segment which is engaged in the exploration, development, and production of oil, gas, and NGLs.
Empire Petroleum trades on the AMEX stock market under the symbol EP.
As of October 15, 2026, EP stock price climbed to $3.27 with 45,972 million shares trading.
EP has a beta of 0.11, meaning it tends to be less sensitive to market movements. EP has a correlation of 0.00 to the broad based SPY ETF.
EP has a market cap of $135.96 million. This is considered a Micro Cap stock.
In the last 3 years, EP traded as high as $10.99 and as low as $2.08.
The top ETF exchange traded funds that EP belongs to (by Net Assets): VTI, VXF, BUSM, IWC.
EP has underperformed the market in the last year with a return of -14.4%, while SPY returned +17.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EP shares. However, EP has outperformed the market in the last 3 month and 2 week periods, returning +26.3% and +43.4%, while SPY returned +2.9% and +1.2%, respectively. This indicates EP has been having a stronger performance recently.
EP support price is $3.04 and resistance is $3.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EP shares will trade within this expected range on the day.