EP stock icon

Empire Petroleum
EP

$5.22
5.78%
 

About: Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.

Employees: 50

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

15% more funds holding

Funds holding: 34 [Q4 2023] → 39 (+5) [Q1 2024]

0.8% less ownership

Funds ownership: 13.48% [Q4 2023] → 12.67% (-0.8%) [Q1 2024]

40% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 15

51% less capital invested

Capital invested by funds: $33.6M [Q4 2023] → $16.6M (-$17M) [Q1 2024]

Research analyst outlook

We haven’t received any recent analyst ratings for EP.

Financial journalist opinion