EP - Empire Petroleum Corp Stock Price, Fair Value and News

5.26USD0.00 (0.00%)Delayed as of 22 Apr 2024, 12:51 pm ET

Market Summary

USD5.260.00

Delayedas of 22 Apr 2024, 12:51 pm

0.00%

EP Stock Price

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EP RSI Chart

EP Valuation

Market Cap

135.3M

Price/Earnings (Trailing)

-10.85

Price/Sales (Trailing)

3.38

EV/EBITDA

-13.47

Price/Free Cashflow

-13.68

EP Price/Sales (Trailing)

EP Profitability

EBT Margin

-31.45%

Return on Equity

-35.67%

Return on Assets

-13.46%

Free Cashflow Yield

-7.31%

EP Fundamentals

EP Revenue

Revenue (TTM)

40.1M

Rev. Growth (Yr)

-9.94%

Rev. Growth (Qtr)

-4.04%

EP Earnings

Earnings (TTM)

-12.5M

Earnings Growth (Yr)

-109.54%

Earnings Growth (Qtr)

-74.6%

Breaking Down EP Revenue

52 Week Range

5.64

(Low)(High)

Last 7 days

-3.1%

Last 30 days

-4.3%

Last 90 days

-21.3%

Trailing 12 Months

-54.4%

How does EP drawdown profile look like?

EP Financial Health

Current Ratio

0.75

Debt/Equity

0.02

Debt/Cashflow

-18.16

EP Investor Care

Shares Dilution (1Y)

15.92%

Diluted EPS (TTM)

-0.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	50.8M	44.8M	41.2M	40.1M
2022	37.9M	48.9M	52.8M	53.2M
2021	7.8M	14.4M	20.9M	27.5M
2020	9.4M	7.5M	6.9M	1.3M
2019	1.8M	3.2M	5.4M	5.9M
2018	0	0	0	465.5K
2017	0	0	0	0
2016	0	0	0	0
2015	0	0	0	0
2014	0	0	0	0
2013	0	0	0	0
2012	0	0	0	0
2011	0	0	0	302.2K
2010	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Empire Petroleum Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 29, 2023	marchive benjamin j. ii	bought	21,951	10.9756	2,000	-
Nov 29, 2023	mulacek phil e	acquired	10,054,700	8.10307	1,240,840	-
Nov 29, 2023	energy evolution master fund, ltd.	bought	10,054,700	8.00	1,256,830	-
Nov 07, 2023	vann j kevin	acquired	-	-	5,000	-
Aug 09, 2023	energy evolution master fund, ltd.	acquired	-	-	67,000	-
Jul 20, 2023	energy evolution master fund, ltd.	acquired	2,500,000	5.00	500,000	-
Jun 08, 2023	matschke mason h.	acquired	-	-	10,000	-
Jun 08, 2023	mulacek phil e	acquired	-	-	10,000	-
Jun 08, 2023	vann j kevin	acquired	-	-	10,000	-
Jun 08, 2023	marchive benjamin j. ii	acquired	-	-	10,000	-

Which funds bought or sold EP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 11, 2024	&PARTNERS	unchanged	-	-651,839	566,479	0.08%
Apr 11, 2024	SANDERS MORRIS HARRIS LLC	new	-	51,100	51,100	0.01%
Mar 11, 2024	VANGUARD GROUP INC	added	1.29	910,725	6,749,600	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	added	2.4	10,287	71,303	-%
Feb 15, 2024	Legal & General Group Plc	unchanged	-	1,883	14,737	-%
Feb 15, 2024	BARCLAYS PLC	added	647	175,000	198,000	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	added	21.97	42,023	149,234	-%
Feb 14, 2024	CITADEL ADVISORS LLC	sold off	-100	-252,768	-	-%
Feb 14, 2024	Royal Bank of Canada	added	140	31,000	48,000	-%
Feb 14, 2024	Ameritas Investment Partners, Inc.	unchanged	-	691	5,583	-%

Are Funds Buying or Selling EP?

Are funds buying EP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EP

No. of Funds

Unveiling Empire Petroleum Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 28, 2023	pritchard thomas w.	3.6%	812,916	SC 13D/A
Aug 17, 2022	kamin tony	4.9%	1,103,294	SC 13D/A
Aug 17, 2022	puckett land co	4.9%	1e+06	SC 13D/A

Recent SEC filings of Empire Petroleum Corp

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Mar 28, 2024	424B5	Prospectus Filed
Mar 28, 2024	10-K	Annual Report
Mar 14, 2024	8-K	Current Report
Mar 13, 2024	8-K	Current Report
Mar 08, 2024	8-K	Current Report
Mar 08, 2024	424B5	Prospectus Filed
Feb 28, 2024	8-K	Current Report
Feb 23, 2024	8-K	Current Report

Peers (Alternatives to Empire Petroleum Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	475.7B	344.6B	6.11%	3.68%	13.21	1.38	-16.70%	-35.40%
CVX	297.2B	200.9B	3.55%	-5.78%	13.91	1.48	-18.40%	-39.75%
OXY	58.6B	28.9B	4.47%	7.43%	12.48	2.03	-22.04%	-64.70%
MRO	15.9B	6.6B	1.48%	13.31%	10.21	2.39	-17.41%	-56.98%
CHK	11.4B	8.7B	1.54%	8.06%	4.73	1.31	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.7B	7.27%	37.50%	9.8	3.12	-43.74%	-26.38%
HP	4.1B	2.8B	1.48%	15.34%	9.6	1.47	19.47%	177.97%
CNX	3.6B	3.4B	7.10%	54.84%	2.12	1.06	172.35%	1311.12%
KOS	2.8B	1.7B	-0.99%	-14.91%	13.23	1.66	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	284.2M	307.6M	12.52%	1.55%	0.72	0.92	-32.91%	578.62%
AMTX	161.5M	186.7M	3.56%	82.61%	-3.48	0.86	-27.21%	56.92%
BATL	89.5M	220.8M	-3.03%	-22.51%	-29.37	0.41	-38.52%	-116.44%
AE	75.3M	2.7B	14.22%	-24.97%	354.97	0.03	-18.46%	-93.92%
BRN	28.4M	23.9M	16.87%	-	-10.46	1.19	-21.86%	-149.09%

Empire Petroleum Corp News

Latest updates

Empire Petroleum Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.0%	9,898,354	10,314,968	9,758,478	10,099,704	10,991,173	13,972,986	15,692,398	12,515,818	10,589,882	10,095,662	4,719,430	2,098,543	1,820,390	1,542,237	592,155	3,823,444	917,626	2,188,126	2,497,486	255,851	441,178
Operating Expenses	32.7%	15,634,736	11,779,999	12,011,688	12,274,959	12,943,543	12,596,222	9,869,481	8,693,465	10,022,921	7,796,297	6,787,202	2,958,895	15,438,677	3,183,722	3,442,121	3,246,320	3,870,362	2,989,734	4,340,578	809,410	708,505
S&GA Expenses	96.8%	5,391,751	2,739,256	3,075,010	3,972,918	3,743,598	2,850,059	3,282,452	2,455,380	2,421,556	1,914,326	3,220,101	906,048	3,651,748	1,278,667	1,914,406	528,983	508,484	469,792	2,044,022	612,589	583,989
EBITDA Margin	-36.6%	-0.24	-0.17	-0.09	0.07	0.18	-0.31	-0.33	-0.43	-0.60	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	125,562	-	-	-	111,618	57,185	-	-	-	-	-	-	-	123,219	-132,869	-324,319	-145,345	162,968	-33,943	-59,306
Income Taxes	100.0%	-	-134,720	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-66.4%	-4,794,949	-2,882,348	-2,464,909	-2,459,591	-2,080,620	215,941	5,534,280	3,623,427	-	-	-	-	-	-	-	-	-	-	-	-	-
EBT Margin	-30.9%	-0.31	-0.24	-0.15	0.02	0.14	-0.35	-0.38	-0.49	-0.68	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-74.6%	-4,797,477	-2,747,628	-2,464,909	-2,459,591	-2,289,518	215,941	5,534,280	3,623,427	-8,619,595	-3,726,225	-5,271,962	-997,180	-13,808,891	-1,641,372	-2,973,185	1,588,015	-3,114,087	-946,953	-2,006,060	-587,502	-307,005
Net Income Margin	-28.6%	-0.31	-0.24	-0.16	0.02	0.13	0.01	-0.07	-0.37	-0.68	-1.27	-2.14	-3.24	-2.18	-0.89	-	-	-	-	-	-	-
Free Cashflow	-313.8%	-3,930,269	1,838,220	-3,107,095	-5,255,893	2,959,438	3,673,899	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	21.4%	93.00	76.00	63.00	65.00	72.00	66.00	64.00	53.00	50.00	47.00	43.00	17.00	11.00	23.00	23.00	13.00	11.00	12.00	12.00	11.00	2.00
Current Assets	-8.2%	19.00	20.00	12.00	17.00	23.00	24.00	23.00	15.00	13.00	12.00	6.00	6.00	2.00	2.00	3.00	3.00	2.00	3.00	2.00	1.00	0.00
Cash Equivalents	-29.4%	8.00	11.00	1.00	7.00	12.00	16.00	12.00	5.00	4.00	3.00	1.00	4.00	0.00	0.00	0.00	1.00	-	0.00	-	0.00	0.00
Inventory	-8.4%	1.00	2.00	2.00	2.00	2.00	2.00	1.00	-	1.00	-	-	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	-
Net PPE	32.9%	72.00	54.00	50.00	47.00	45.00	36.00	34.00	31.00	31.00	30.00	30.00	8.00	8.00	20.00	20.00	9.00	9.00	9.00	1.00	-	2.00
Liabilities	0.4%	58.00	57.00	45.00	45.00	48.00	42.00	41.00	39.00	40.00	43.00	49.00	30.00	30.00	30.00	29.00	16.00	16.00	14.00	13.00	11.00	2.00
Current Liabilities	32.8%	25.00	19.00	13.00	15.00	18.00	13.00	12.00	11.00	12.00	10.00	20.00	13.00	6.00	13.00	12.00	10.00	2.00	2.00	2.00	8.00	1.00
Long Term Debt	367.3%	1.00	0.00	3.00	-	1.00	-	-	-	-	-	-	-	-	-	-	-	8.00	-	-	-	1.00
LT Debt, Current	-99.0%	0.00	5.00	2.00	-	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	85.7%	35.00	19.00	18.00	20.00	23.00	24.00	23.00	14.00	10.00	4.00	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-8.0%	-64.62	-59.82	-57.07	-54.61	-52.15	-49.86	-50.08	-55.61	-59.23	-50.61	-46.89	-41.62	-40.62	-26.81	-25.17	-22.19	-23.78	-20.67	-19.72	-17.72	-17.13
Additional Paid-In Capital	26.6%	99.00	79.00	75.00	74.00	75.00	74.00	73.00	69.00	69.00	54.00	41.00	29.00	22.00	20.00	19.00	19.00	19.00	19.00	19.00	17.00	17.00
Shares Outstanding	15.4%	26.00	22.00	22.00	22.00	22.00	22.00	20.00	20.00	20.00	13.00	12.00	8.00	6.00	5.00	5.00	5.00	-	-	-	-	-
Float	-	-	-	113	-	136	-	-	-	79.00	-	-	-	-	10.00	-	-	-	3.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-293.9%	-3,930	2,027	-2,917	-5,066	3,149	3,863	7,983	3,061	2,540	3,142	-1,885	-626	247	-825	-465	-679	408	-1,055	168	-113	-26.31
Share Based Compensation	-100.0%	-	159	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-123.2%	-9,248	-4,143	-1,831	455	-6,622	-509	-3,325	-956	-2,008	345	-21,091	-1,961	52.00	149	-	654	-126	-326	-533	-5,187	-
Cashflow From Financing	-16.2%	9,936	11,856	-719	-569	-315	-56.56	2,425	-362	-107	-1,316	20,079	6,345	-276	525	161	615	-300	1,400	335	5,247	-191

EP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Revenue:
Oil Sales	$ 36,684,494	$ 44,978,554
Gas Sales	1,726,754	4,534,370
NGL Sales	1,660,256	3,659,451
Total Product Revenues	40,071,504	53,172,375
Other	70,480	102,429
Gain (Loss) on Derivatives	(65,693)	(387,930)
Total Revenue	40,076,291	52,886,874
Costs and Expenses:
Lease Operating Expense	28,625,481	23,584,039
Production and Ad Valorem Taxes	3,044,411	3,943,466
Depletion, Depreciation & Amortization	3,096,533	1,949,191
Accretion of Asset Retirement Obligation	1,756,022	1,357,906
Impairment		936,620
General and Administrative	15,178,935	12,331,489
Total Cost and Expenses	51,701,382	44,102,711
Operating Income (Loss)	(11,625,091)	8,784,163
Other Income and (Expense):
Interest Expense	(1,000,427)	(509,540)
Other Income (Expense)	23,721	(981,595)
Income (Loss) Before Taxes	(12,601,797)	7,293,028
Income Tax (Provision) Benefit	132,192	(208,898)
Net Income (Loss)	$ (12,469,605)	$ 7,084,130
Net Income (Loss) per Common Share:
Basic	$ (0.55)	$ 0.34
Diluted	$ (0.55)	$ 0.30
Weighted Average Number of Common Shares Outstanding:
Basic	22,718,890	21,003,563
Diluted	22,718,890	23,387,646

EP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash	$ 7,792,508	$ 11,944,442
Accounts Receivable	8,354,636	7,780,239
Derivative Instruments	406,806	121,584
Inventory	1,433,454	1,840,274
Prepaids	757,500	1,048,434
Total Current Assets	18,744,904	22,734,973
Property and Equipment:
Oil and Natural Gas Properties, Successful Efforts	93,509,803	63,986,339
Less: Accumulated Depreciation, Depletion and Impairment	(22,996,805)	(20,116,696)
Total Oil and Gas Properties, Net	70,512,998	43,869,643
Other Property and Equipment, Net	1,883,211	1,441,529
Total Property and Equipment, Net	72,396,209	45,311,172
Sinking Fund		2,779,000
Other Noncurrent Assets	1,474,503	719,930
Total Assets	92,615,616	71,545,075
Current Liabilities:
Accounts Payable	16,437,219	5,843,366
Accrued Expenses	7,075,302	9,461,010
Current Portion of Lease Liability	432,822	256,975
Current Portion of Note Payable - Related Party (Note 4 and 7)	1,060,004
Current Portion of Long-Term Debt	44,225	2,059,309
Total Current Liabilities	25,049,572	17,620,660
Long-Term Debt	4,596,775	4,063,115
Long-Term Note Payable - Related Party (Note 4 and 7)		1,076,987
Long Term Lease Liability	544,382	547,692
Asset Retirement Obligations	27,468,427	25,000,740
Total Liabilities	57,659,156	48,309,194
Stockholders' Equity:
Series A Preferred Stock - $.001 Par Value, 10,000,000 Shares Authorized, 6 and 6 Shares Issued and Outstanding, Respectively
Common Stock - $.001 Par Value 190,000,000 Shares Authorized, 25,503,530 and 22,093,503 Shares Issued and Outstanding, Respectively	85,025	81,615
Additional Paid-in-Capital	99,490,253	75,303,479
Accumulated Deficit	(64,618,818)	(52,149,213)
Total Stockholders' Equity	34,956,460	23,235,881
Total Liabilities and Stockholders' Equity	$ 92,615,616	$ 71,545,075

About Empire Petroleum Corp

Empire Petroleum Corporation engages in the 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.

CEO	Mr. Michael R. Morrisett
WEBSITE	https://empirepetroleumcorp.com
INDUSTRY	Oil - E&P
EMPLOYEES	40

Empire Petroleum Corp Frequently Asked Questions

What is the ticker symbol for Empire Petroleum Corp? What does EP stand for in stocks?

EP is the stock ticker symbol of Empire Petroleum Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Empire Petroleum Corp (EP)?

As of Fri Apr 19 2024, market cap of Empire Petroleum Corp is 135.29 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EP stock?

You can check EP's fair value in chart for subscribers.

What is the fair value of EP stock?

You can check EP's fair value in chart for subscribers. The fair value of Empire Petroleum Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Empire Petroleum Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Empire Petroleum Corp a good stock to buy?

The fair value guage provides a quick view whether EP is over valued or under valued. Whether Empire Petroleum Corp is cheap or expensive depends on the assumptions which impact Empire Petroleum Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EP.

What is Empire Petroleum Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, EP's PE ratio (Price to Earnings) is -10.85 and Price to Sales (PS) ratio is 3.38. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Empire Petroleum Corp's stock?

In the past 10 years, Empire Petroleum Corp has provided 0.163 (multiply by 100 for percentage) rate of return.