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Empire Petroleum SEC Filings

EP NYSE

Welcome to our dedicated page for Empire Petroleum SEC filings (Ticker: EP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Empire Petroleum Corporation (NYSE American: EP) SEC filings page provides access to the company’s regulatory disclosures filed with the U.S. Securities and Exchange Commission. Empire is a Tulsa-based oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, and its filings offer detailed information on financing arrangements, operational updates, and governance matters.

Among the key documents available are Form 8-K current reports, which Empire uses to disclose material events. Recent 8-K filings describe the company’s revolver loan agreement and subsequent amendments with Equity Bank, including changes to maximum revolver commitment amounts, maturity dates, collateral coverage, and the addition of subsidiary borrowers. Other 8-Ks detail a convertible promissory note and related warrant issued to a major shareholder, amendments to that note and warrant, and the structure and progress of registered subscription rights offerings.

Empire also files 8-Ks to furnish press releases on quarterly financial and operating results, such as updates on production volumes, product revenue, operating expenses, and adjusted EBITDA. These filings often include exhibits that reproduce the full text of the press releases for investors who want to review management’s commentary on performance and outlook.

Through this page, users can track capital structure developments (including debt obligations, conversion features, and warrant terms), as well as other events like rights offering record dates, subscription mechanics, and changes to offering terms. The filings also confirm that Empire’s common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and trades on the NYSE American under the symbol EP.

Stock Titan’s platform supplements these filings with AI-powered summaries that highlight key terms, obligations, and changes, helping readers quickly understand complex credit agreements, equity offerings, and other material contracts. Real-time updates from EDGAR, combined with structured access to Forms 8-K and related exhibits, allow investors to follow Empire’s regulatory history and evaluate how financing and operational decisions may affect the company over time.

Rhea-AI Summary

Empire Petroleum reported a much weaker 2025, with total product revenue of $34.2 million versus $44.0 million in 2024 and a net loss of $72.1 million, or ($2.12) per diluted share, compared with a $16.2 million loss, or ($0.54) per share, a year earlier. Results were hurt by lower oil and NGL prices, reduced oil volumes, and a non‑cash impairment of $51.3 million on certain properties.

Adjusted EBITDA swung to a loss of $5.4 million from positive $0.7 million, while year‑end 2025 SEC proved reserves fell to 7.6 MMBoe from 9.2 MMBoe, and the standardized measure dropped to $58.6 million from $98.4 million. The balance sheet weakened sharply: total assets declined to $65.9 million, stockholders’ equity moved to a deficit of ($4.6 million), and year‑end cash was $1.2 million with $2.5 million available under the credit facility. Management highlighted expansion of Texas gas infrastructure, hedging over 2026 oil volumes at prices above $72 per barrel, and recent and ongoing rights offerings as key steps to support liquidity and reposition the portfolio toward natural gas–driven growth.

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U.S. Capital Wealth submitted a Form 144 notifying a proposed sale of Common Stock on the NYSE. The filing references stock awards dated 07/19/2025 for 12,018 shares and 07/20/2024 for 6,582 shares. The filing date shown is 03/16/2026.

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Empire Corporation reports its 2025 annual results as a U.S. onshore oil and gas producer with operations in New Mexico, North Dakota, Texas and Louisiana. Net production was 818,303 Boe in 2025 versus 884,076 Boe in 2024, with average realized prices falling to $41.75 per Boe from $49.76.

Proved developed reserves declined to 7,625 MBoe at December 31, 2025 from 9,227 MBoe a year earlier, and the company recorded a $51.3 million impairment loss. Empire ended 2025 with approximately $16.2 million of total indebtedness, negative working capital of $16.2 million and $1.2 million of cash, and acknowledges substantial doubt about its ability to continue as a going concern without additional funding.

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Empire Petroleum Corp director and 10% owner Phil E. Mulacek exercised a Convertible Note Due 2026 into 1,003,344 shares of common stock at $2.99 per share. After this derivative exercise, he directly holds 7,177,076 common shares and also reports additional indirect holdings through several related entities and his spouse.

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Kinder Morgan, Inc. executive John W. Schlosser, Vice President and President of Terminals, sold 6,166 shares of Class P common stock in an open-market transaction. The shares were sold at a weighted average price of $33.675 per share, in multiple trades between $33.45 and $34.01 per share.

The transaction was executed on March 5, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on May 7, 2025. After this sale, Schlosser directly owns 188,872 shares of Kinder Morgan common stock.

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Empire Petroleum Corporation is modifying its previously announced shareholder rights offering, increasing the number of common shares available under the subscription rights to 3,344,482 for gross proceeds of up to approximately $10.0 million at a subscription price of $2.99 per share.

Each stockholder of record on February 2, 2026 receives one non-transferable right per share owned, with each right allowing the purchase of 0.095 new shares. The company has also extended the rights offering expiration to 5:00 p.m. Eastern Time on March 18, 2026, and investors who fully exercise their basic rights may over-subscribe for additional shares, subject to proration.

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Empire Petroleum Corporation is conducting a rights offering of subscription rights to purchase up to 3,344,482 shares of common stock at a subscription price of $2.99 per share, increasing the aggregate value to up to $10.0M. The rights were distributed pro rata to holders on the Record Date and each right now permits purchase of 0.095 shares at the subscription price.

The rights are nontransferable, exercisable beginning on the date of this supplement, and expire at 5:00 p.m. Eastern Time on March 18, 2026 unless extended. Proceeds are designated for current and future drilling and workover activity and general corporate purposes. The largest stockholder, Energy Evolution Master Fund, Ltd., owns approximately 32.1% prior to the offering and has indicated intent to fully subscribe and exercise over-subscription rights.

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Empire Petroleum Corp director and 10% owner Phil E. Mulacek reported receiving a Convertible Note Due 2026 as a grant or award. The Form 4 lists this derivative security with a transaction value of $3,000,000 and classifies the transaction as an acquisition rather than an open-market purchase or sale.

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Empire Petroleum Corporation entered into a new financing arrangement by issuing a $3,000,000 promissory note to Phil E. Mulacek on February 19, 2026. The note carries 5.5% annual interest, matures on May 19, 2026, and then accrues interest at 9% if unpaid.

Mr. Mulacek can convert any or all principal into common stock at $2.99 per share, which would result in 1,003,344 shares if fully converted, with interest paid in cash. The company plans to use the proceeds to repay debt and fund general working capital, and will seek NYSE American approval to list the underlying shares. The transaction was conducted as a private offering under Section 4(a)(2) of the Securities Act.

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Kinder Morgan, Inc. vice president Anthony B. Ashley reported an open-market sale of 8,000 shares of Class P common stock at $31.945 per share. After this transaction, he directly holds 100,146 shares of Kinder Morgan stock.

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FAQ

What is the current stock price of Empire Petroleum (EP)?

The current stock price of Empire Petroleum (EP) is $3.05 as of March 16, 2026.

What is the market cap of Empire Petroleum (EP)?

The market cap of Empire Petroleum (EP) is approximately 108.8M.

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EP Stock Data

108.83M
14.59M
Oil & Gas E&P
Natural Gas Transmission
Link
United States
HOUSTON

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