EMPIRE PETROLEUM CORP

EMPIRE PETROLEUM CORP (EP) is a publicly traded US company. Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the United States 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. The Company operates as one operating segment and one reportable segment which is engaged in the exploration, development, and production of oil, gas, and NGLs.

The company reports trailing twelve-month revenue of $5.10M and net loss of $6.64M.

Key metrics include a return on equity of -180.1%, a debt-to-equity ratio of 20.14.

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