Empire Petroleum Corporation
EMPR
Other OTC3.40
USD
-10.20
- -
CIK
0000887396
ISIN
US2920342043
CUSIP
292034204
Return %
Stock
S&P500
1Y
- -
19.01
3Y
- -
65.48
5Y
13.33
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Thomas W. Pritchard
- Full Time Employees
- 33
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1203 East 33rd Street Tulsa OK United States of America 74114
- IPO Date
- Apr 11, 1994
- CIK
- 0000887396
- Website
- empirepetroleumcorp.com
- Similar Companies
- Business
- Empire Petroleum Corporation (NYSE American: EP), founded in 1983 and headquartered in Tulsa, Oklahoma, engages in the acquisition, development, and production of oil and natural gas properties focused on onshore assets in the United States. The company holds mature, long-life producing assets with low decline profiles across the Permian Basin's Central Basin Platform in New Mexico, the Williston Basin in North Dakota and Montana, the central Gulf Coast including St. Landry and Beauregard Parishes in Louisiana with Wilcox and Cockfield formations, and the East Texas basin encompassing Houston, Leon, and Madison Counties with Woodbine, Eagle Ford, and Buda-Rose plays; operated and non-operated wells generate primarily oil and natural gas liquids supplemented by natural gas through economical well rehabilitation, stimulation, field maintenance, and management supported by opportunistic hedging programs to ensure low-risk cash flows. Empire maintains approximately 48,000 acres in the Permian, 20,000 acres in the Williston Basin, and 30,000 acres in East Texas held by production, targeting operational efficiencies in key shale and conventional plays across these regions. In recent developments, the company completed a fully subscribed rights offering in August 2025 generating $2.5 million in gross proceeds with potential for an additional $2.5 million from warrants to fund development initiatives; it reported third-quarter 2025 product revenues of $9.4 million, net production of 1,566 barrels of oil per day (up 5% sequentially), adjusted EBITDA of $0.1 million, and $4.6 million in cash on hand while advancing CO2-related projects and operational enhancements positioning for 2026 growth; earlier in 2024, Empire expanded its revolving credit facility to $20 million with Equity Bank.