EP News and Press, Empire Petroleum Corporation From 04/04/23

2023-04-04 16:47:34 ET Summary Empire is projected to end up with a modest amount of cash burn in 2023 at current strip if it attempts to grow production. I've modeled a scenario where it has $4 million in cash burn along with 2,500 BOEPD in 2023 production. Empire is also req...

2023-04-03 06:33:08 ET Empire Petroleum press release ( NYSE: EP ): Q4 Non-GAAP EPS of $0.01. Revenue of $10.72M (flat Y/Y). For further details see: Empire Petroleum Non-GAAP EPS of $0.01, revenue of $10.72M

~ Strategic Efforts Drive Full Year 2022 Increase of 46% in Net Production and 27% in Year-End Proved Reserves ~ Empire Petroleum (NYSE American: EP) (“Empire” or the “Company”), today announced operational and financial results for the fourth quarter and f...

2023-04-01 07:35:36 ET Summary Twenty-one micro-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, YOY Revenue Growth, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. I would advise only those investors with a h...

2023-03-22 14:06:23 ET Gainers: SenesTech ( SNES ) +17% . Teekay ( TK ) +9% . Geospace Technologies ( GEOS ) +5% . Trinseo ( TSE ) +5% . Vizsla Silver ( VZLA ) +4% . Losers: ASP Isotopes ( ASPI ) -16% . Empire Petroleum ( E...

2023-03-22 09:53:57 ET Empire Petroleum ( NYSE: EP ) -4.8% in early trading Wednesday after disclosing Thomas Pritchard resigned as CEO and as a board member to pursue other opportunities, after serving as CEO since January 2018. The company named President and Princ...

Summary Empire Petroleum's margins are contracting due to lower commodity prices. It has high costs per BOE, so its 2023 margins per BOE may decrease by 50% compared to Q2 2022 based on current strip. This makes it challenging for Empire to grow production significantly while spendi...

Empire Petroleum Corporation (EP) Q3 2022 Results Conference Call November 15, 2022 12:00 PM ET Company Participants Wes Harris - Al Petrie Advisors Tommy Pritchard - Chief Executive Officer and Director Mike Morrisett - President and Director Eugene Sweeney ...

Empire Petroleum press release ( NYSE: EP ): Q3 Non-GAAP EPS of $0.16. Revenue of $14.8M (-10.5% Y/Y). For further details see: Empire Petroleum Non-GAAP EPS of $0.16, revenue of $14.8M

Summary Shares of small oil and gas production concern Empire Petroleum Corporation (EP) listed on the NYSE American Exchange in March 2022. The company is in the business of purchasing mature assets with slow-decline and long-life production profiles, further enhancing their outp...