Empire Petroleum (EP)

$3.15 +6.42% on the day Market cap $126M 52-week range $2.08 to $4.20 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Empire Petroleum's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

F

Five factors scored 1 to 9 from EP's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation4
Profitability0
Growth5
Financial health1
Cash efficiency0

Results from SEC filings

Fiscal years, from Empire Petroleum's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$28M$53M$40M$44M$34M
Net income-$19M$7M-$12M-$16M-$72M
Free cash flow—$8M-$24M-$47M-$9M
EPS (diluted)-$1.27$0.30-$0.55-$0.54-$2.12
Operating margin-1.7%16.5%-29.0%-31.1%-208.5%

Where the revenue comes from

Revenue by products, fiscal 2025. Every breakdown, year by year.

Oil Sales$32M93%
Natural Gas Liquids Sales$2M5%
Natural gas$898,0003%
Other$41,0000%

Superinvestors who own EP

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held EP in their latest 13F.

Insider buying

Open-market purchases by Empire Petroleum's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Sep 30, 2026 Phil E Mulacek
Director
11,915$2.25$26,825
Sep 11, 2026 Mason H. Matschke
Director
5,777$2.38$13,730

Get an alert at your buy price

Pick the price you'd be interested at. We'll email you when EP trades at or below it.

$

New accounts get 7 days of Pro, price alerts included. No card needed.

In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Empire Petroleum insiders buying the stock?

2 open-market insider purchases of EP in the last 12 months, from SEC Form 4 filings.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.