Empire Petroleum Corporation

Equities

EP

US2920343033

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:00 2024-05-03 pm EDT			5-day change	1st Jan Change
5.73 ^USD	+0.17%		+15.52%	-47.86%

Apr. 11	Empire Petroleum Rights Offering 'Fully Subscribed'	MT
Apr. 01	Earnings Flash (EP) EMPIRE PETROLEUM CORPORATION Posts Q4 Revenue $11.2M	MT

Empire Petroleum Corporation Reports Earnings Results for the Full Year Ended December 31, 2023

March 28, 2024 at 05:22 pm EDT

Empire Petroleum Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 40.08 million compared to USD 52.89 million a year ago. Net loss was USD 12.47 million compared to net income of USD 7.08 million a year ago.

Basic loss per share from continuing operations was USD 0.55 compared to basic earnings per share from continuing operations of USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to diluted earnings per share from continuing operations of USD 0.3 a year ago.

Latest news about Empire Petroleum Corporation

Empire Petroleum Rights Offering 'Fully Subscribed'	Apr. 11	MT
Earnings Flash (EP) EMPIRE PETROLEUM CORPORATION Posts Q4 Revenue $11.2M	Apr. 01	MT
Empire Petroleum Corporation Reports Unaudited Production Results for the Year Ended December 31, 2023	Apr. 01	CI
Empire Petroleum Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Empire Petroleum Corporation Announces Stephen L. Faulkner, Jr. Resigns as Chief Accounting Officer	Mar. 13	CI
Empire Petroleum Corporation Announces Stephen L. Faulkner, Jr. Resigns as Chief Financial Officer, Effective on or About March 28, 2024	Mar. 13	CI
Empire Petroleum Kicks Off $25 Million Rights Offering	Mar. 08	MT
Empire Petroleum Corporation announced that it expects to receive $5 million in funding	Feb. 15	CI
Empire Petroleum Corporation announced that it has received $10.054656 million in funding	Nov. 28	CI
Empire Petroleum Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Empire Petroleum Kicks off 2023 Drilling Program	23-10-11	MT
Empire Petroleum Commences 2023 Development Program	23-10-11	CI
Empire Petroleum Files $350 Million Mixed-Securities Shelf	23-09-05	MT
Empire Petroleum Corporation Reports Production Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-15	CI
Earnings Flash (EP) EMPIRE PETROLEUM Posts Q2 Revenue $9.7M	23-08-15	MT
North American Morning Briefing : China Angst -2-	23-08-15	DJ
Empire Petroleum Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Empire Petroleum Closes Acquisition of Additional Interests in New Mexico Assets	23-08-10	MT
Empire Petroleum Corporation (NYSEAM:EP) acquired Additional Interests in Eunice Monument South Unit A, Eunice Monument South Unit B, and Arrowhead Grayburg Unit from Coert Holdings 1 LLC for approximately $6.7 million.	23-08-09	CI
Empire Petroleum Corporation (NYSEAM:EP) completed the acquisition of Certain Oil and Natural Gas Properties in Permian Basin from Coert Holdings 1 LLC for $6.5 million.	23-08-08	CI
Empire Petroleum Corporation (NYSEAM:EP) agreed to acquire Certain Oil and Natural Gas Properties in Permian Basin from Coert Holdings 1 LLC.	23-07-23	CI
Empire Petroleum Corporation Announces Resignation of Eugene J. Sweeney as Chief Operating Officer	23-07-13	CI
Insider Buy: Empire Petroleum	23-06-02	MT
North American Morning Briefing : Retail Sales, -2-	23-05-16	DJ
Earnings Flash (EP) EMPIRE PETROLEUM Posts Q1 Revenue $10.1M	23-05-15	MT

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Company Profile

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.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-13 - Q1 2024 Earnings Release (Projected)

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