Empire Petroleum Corp. engages in the exploration and development of oil and natural gas. The company is headquartered in Tulsa, Oklahoma and currently employs 61 full-time employees. The firm operates through its subsidiaries, including Empire New Mexico LLC, doing business as Green Tree New Mexico, Empire North Dakota LLC, Empire Texas LLC, and Empire Louisiana LLC. The company is an independent operator in four geographic areas of the United States. Empire New Mexico's assets primarily produce oil, with natural gas and natural gas liquids (NGLs) accompanying oil production. Empire New Mexico assets are located in Lea County, New Mexico, and consist of a contiguous and consolidated acreage position consisting of 48,000 gross acres and include approximately 714 gross producing and injection wells. Empire North Dakota operates approximately 232 gross injection wells in North Dakota and western Montana. Empire Texas owns over 119 gross wells and approximately 43,000 gross acres as well as 77 miles of gathering lines and pipelines.
EP stock price ended at $2.67 on 金曜日, after dropping 2.55%
On the latest trading day May 08, 2026, the stock price of EP fell by 2.55%, dropping from $2.71 to $2.67. During the session, the stock saw a volatility of 4.91%, with prices oscillating between a daily low of $2.65 and a high of $2.78. On the latest trading day, the trading volume for EP decreased by 18.2K shares, aligning with the declining prices, which may indicate weakening market confidence in the near term. In total, 35.4K shares were traded, with a market value of approximately $94.5M.