Inactive Instrument

Empire Petroleum Corporation Stock Other OTC

Equities

EMPR

US2920342043

Oil & Gas Exploration and Production

Sales 2022 53.27M Sales 2023 40.14M Capitalization 265M
Net income 2022 7M Net income 2023 -12M EV / Sales 2022 5.03 x
Net cash position 2022 3.94M Net cash position 2023 1.11M EV / Sales 2023 6.58 x
P/E ratio 2022
41 x
P/E ratio 2023
-20 x
Employees -
Yield 2022 *
-
Yield 2023
-
Free-Float 49.07%
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Managers TitleAgeSince
Chief Executive Officer 60 15-01-18
Director/Board Member 52 22-10-18
Members of the board TitleAgeSince
Director/Board Member 52 22-10-18
Chief Executive Officer 60 15-01-18
Chairman 63 21-10-17
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Empire Petroleum Corporation is an independent energy company that is engaged in optimizing developed production. The Company 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. It is an independent operator in four geographic areas of the United States. It manages and influences production on operated properties. 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 acres held by production from approximately 670 wells. Empire North Dakota operates approximately 138 injection wells in North Dakota and western Montana. Empire Texas owns over 121 gross wells and approximately 30,000 net acres in the East Texas Basin.
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