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Empire Petroleum Corp
Buy, Hold or Sell?

Let's analyze Empire Petroleum Corp together

I guess you are interested in Empire Petroleum Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Empire Petroleum Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Empire Petroleum Corp (30 sec.)










1.2. What can you expect buying and holding a share of Empire Petroleum Corp? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$1.68
Expected worth in 1 year
$2.80
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
$1.12
Return On Investment
16.9%

For what price can you sell your share?

Current Price per Share
$6.62
Expected price per share
$4.9471 - $8.665
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Empire Petroleum Corp (5 min.)




Live pricePrice per Share (EOD)
$6.62
Intrinsic Value Per Share
$-15.98 - $-4.89
Total Value Per Share
$-14.30 - $-3.21

2.2. Growth of Empire Petroleum Corp (5 min.)




Is Empire Petroleum Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$56.5m$19.9m$25.4m56.0%

How much money is Empire Petroleum Corp making?

Current yearPrevious yearGrowGrow %
Making money-$4.2m-$2.6m-$1.5m-37.9%
Net Profit Margin-38.7%-25.4%--

How much money comes from the company's main activities?

2.3. Financial Health of Empire Petroleum Corp (5 min.)




2.4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#157 / 331

Most Revenue
#172 / 331

Most Profit
#272 / 331

Most Efficient
#255 / 331
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Empire Petroleum Corp?

Welcome investor! Empire Petroleum Corp's management wants to use your money to grow the business. In return you get a share of Empire Petroleum Corp.

First you should know what it really means to hold a share of Empire Petroleum Corp. And how you can make/lose money.

Speculation

The Price per Share of Empire Petroleum Corp is $6.62. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Empire Petroleum Corp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Empire Petroleum Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.68. Based on the TTM, the Book Value Change Per Share is $0.28 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Empire Petroleum Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.11-1.6%-0.12-1.9%-0.07-1.1%-0.08-1.3%-0.05-0.7%
Usd Book Value Change Per Share-0.06-1.0%0.284.2%-0.04-0.6%0.091.3%0.040.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.06-1.0%0.284.2%-0.04-0.6%0.091.3%0.040.6%
Usd Price Per Share5.25-6.63-10.86-6.17-3.16-
Price to Earnings Ratio-12.13--13.02--37.03-17.35-3.63-
Price-to-Total Gains Ratio-82.45--26.43--30.16-17.87--31.97-
Price to Book Ratio3.12-5.52-18.25-9.21--567.47-
Price-to-Total Gains Ratio-82.45--26.43--30.16-17.87--31.97-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.62
Number of shares151
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.280.09
Usd Total Gains Per Share0.280.09
Gains per Quarter (151 shares)42.3213.11
Gains per Year (151 shares)169.2752.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1016915905242
20339328010594
305084970157146
406776660210198
508468350262250
60101610040315302
70118511730367354
80135413420420406
90152315110472458
100169316800524510

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%3.09.00.025.0%4.016.00.020.0%4.036.00.010.0%6.093.00.06.1%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%11.09.00.055.0%16.022.02.040.0%35.059.05.035.4%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.099.00.0%
Total Gains per Share2.02.00.050.0%7.05.00.058.3%11.09.00.055.0%16.022.02.040.0%35.059.05.035.4%
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3.2. Key Performance Indicators

The key performance indicators of Empire Petroleum Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0640.280-123%-0.040-36%0.087-173%0.042-252%
Book Value Per Share--1.6811.352+24%0.595+183%0.415+305%0.207+713%
Current Ratio--0.4350.637-32%1.120-61%0.856-49%1.581-73%
Debt To Asset Ratio--0.5340.588-9%0.709-25%0.985-46%0.834-36%
Debt To Equity Ratio--1.1451.499-24%2.467-54%1.866-39%1.271-10%
Dividend Per Share----0%-0%-0%-0%
Enterprise Value--115005489.000165810306.500-31%324140364.000-65%170105815.803-32%93597674.842+23%
Eps---0.108-0.125+15%-0.074-32%-0.083-23%-0.046-57%
Ev To Ebitda Ratio---40.426-43.256+7%-646.321+1499%-128.783+219%-75.304+86%
Ev To Sales Ratio--2.6363.921-33%7.839-66%3.149-16%infnan%
Free Cash Flow Per Share---0.173-0.350+102%-0.152-12%-0.112-35%-0.058-67%
Free Cash Flow To Equity Per Share---0.178-0.055-69%-0.075-58%0.003-5390%0.003-6740%
Gross Profit Margin--1.0001.078-7%1.0000%1.016-2%1.008-1%
Intrinsic Value_10Y_max---4.889--------
Intrinsic Value_10Y_min---15.979--------
Intrinsic Value_1Y_max---0.269--------
Intrinsic Value_1Y_min---0.735--------
Intrinsic Value_3Y_max---0.976--------
Intrinsic Value_3Y_min---2.971--------
Intrinsic Value_5Y_max---1.886--------
Intrinsic Value_5Y_min---6.027--------
Market Cap222644502.000+21%176568525.000222896742.750-21%365244606.000-52%207628610.153-15%106159387.329+66%
Net Profit Margin---0.334-0.387+16%-0.254-24%-0.793+138%-0.723+117%
Operating Margin---0.316-0.343+9%-0.161-49%-0.494+57%-0.336+7%
Operating Ratio--1.3131.556-16%1.168+12%1.531-14%1.215+8%
Pb Ratio3.939+21%3.1235.519-43%18.252-83%9.206-66%-567.473+18268%
Pe Ratio-15.293-26%-12.128-13.020+7%-37.026+205%17.345-170%3.626-434%
Price Per Share6.620+21%5.2506.628-21%10.860-52%6.174-15%3.156+66%
Price To Free Cash Flow Ratio-9.556-26%-7.579-5.205-31%-21.332+181%1.652-559%-17.409+130%
Price To Total Gains Ratio-103.964-26%-82.449-26.433-68%-30.162-63%17.870-561%-31.969-61%
Quick Ratio--0.3580.540-34%0.925-61%0.705-49%1.400-74%
Return On Assets---0.030-0.040+32%-0.038+27%-0.109+262%-17.528+58289%
Return On Equity---0.064-0.100+56%-0.132+105%-0.111+72%-0.421+554%
Total Gains Per Share---0.0640.280-123%-0.040-36%0.087-173%0.042-252%
Usd Book Value--56529777.00045462209.250+24%19994822.500+183%13945112.150+305%6956260.025+713%
Usd Book Value Change Per Share---0.0640.280-123%-0.040-36%0.087-173%0.042-252%
Usd Book Value Per Share--1.6811.352+24%0.595+183%0.415+305%0.207+713%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Enterprise Value--115005489.000165810306.500-31%324140364.000-65%170105815.803-32%93597674.842+23%
Usd Eps---0.108-0.125+15%-0.074-32%-0.083-23%-0.046-57%
Usd Free Cash Flow---5824438.000-11758720.500+102%-5100087.500-12%-3768521.800-35%-1940629.250-67%
Usd Free Cash Flow Per Share---0.173-0.350+102%-0.152-12%-0.112-35%-0.058-67%
Usd Free Cash Flow To Equity Per Share---0.178-0.055-69%-0.075-58%0.003-5390%0.003-6740%
Usd Market Cap222644502.000+21%176568525.000222896742.750-21%365244606.000-52%207628610.153-15%106159387.329+66%
Usd Price Per Share6.620+21%5.2506.628-21%10.860-52%6.174-15%3.156+66%
Usd Profit---3639614.000-4200514.500+15%-2608955.750-28%-2825578.550-22%-1564987.400-57%
Usd Revenue--10906851.00010966499.000-1%10312412.750+6%8293817.850+32%4256221.250+156%
Usd Total Gains Per Share---0.0640.280-123%-0.040-36%0.087-173%0.042-252%
 EOD+5 -3MRQTTM+20 -18YOY+11 -265Y+16 -2210Y+17 -20

3.3 Fundamental Score

Let's check the fundamental score of Empire Petroleum Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-15.293
Price to Book Ratio (EOD)Between0-13.939
Net Profit Margin (MRQ)Greater than0-0.334
Operating Margin (MRQ)Greater than0-0.316
Quick Ratio (MRQ)Greater than10.358
Current Ratio (MRQ)Greater than10.435
Debt to Asset Ratio (MRQ)Less than10.534
Debt to Equity Ratio (MRQ)Less than11.145
Return on Equity (MRQ)Greater than0.15-0.064
Return on Assets (MRQ)Greater than0.05-0.030
Total1/10 (10.0%)

3.4 Technical Score

Let's check the technical score of Empire Petroleum Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.538
Ma 20Greater thanMa 507.020
Ma 50Greater thanMa 1006.535
Ma 100Greater thanMa 2005.861
OpenGreater thanClose7.190
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Empire Petroleum Corp

Empire Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas interests in Louisiana, New Mexico, Montana, North Dakota, and Texas. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.

Fundamental data was last updated by Penke on 2025-01-01 04:43:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Empire Petroleum Corp earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of -33.4% means that $-0.33 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Empire Petroleum Corp:

  • The MRQ is -33.4%. The company is making a huge loss. -2
  • The TTM is -38.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-33.4%TTM-38.7%+5.3%
TTM-38.7%YOY-25.4%-13.3%
TTM-38.7%5Y-79.3%+40.6%
5Y-79.3%10Y-72.3%-7.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-33.4%8.6%-42.0%
TTM-38.7%7.9%-46.6%
YOY-25.4%16.2%-41.6%
5Y-79.3%-15.2%-64.1%
10Y-72.3%-43.5%-28.8%
4.3.1.2. Return on Assets

Shows how efficient Empire Petroleum Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • -3.0% Return on Assets means that Empire Petroleum Corp generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Empire Petroleum Corp:

  • The MRQ is -3.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -4.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.0%TTM-4.0%+1.0%
TTM-4.0%YOY-3.8%-0.1%
TTM-4.0%5Y-10.9%+6.9%
5Y-10.9%10Y-1,752.8%+1,741.9%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.0%0.1%-3.1%
TTM-4.0%0.2%-4.2%
YOY-3.8%1.1%-4.9%
5Y-10.9%-1.4%-9.5%
10Y-1,752.8%-3.0%-1,749.8%
4.3.1.3. Return on Equity

Shows how efficient Empire Petroleum Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • -6.4% Return on Equity means Empire Petroleum Corp generated $-0.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Empire Petroleum Corp:

  • The MRQ is -6.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -10.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-6.4%TTM-10.0%+3.6%
TTM-10.0%YOY-13.2%+3.2%
TTM-10.0%5Y-11.1%+1.0%
5Y-11.1%10Y-42.1%+31.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.4%0.8%-7.2%
TTM-10.0%1.2%-11.2%
YOY-13.2%2.8%-16.0%
5Y-11.1%-2.5%-8.6%
10Y-42.1%-6.2%-35.9%
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4.3.2. Operating Efficiency of Empire Petroleum Corp.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Empire Petroleum Corp is operating .

  • Measures how much profit Empire Petroleum Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • An Operating Margin of -31.6% means the company generated $-0.32  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Empire Petroleum Corp:

  • The MRQ is -31.6%. The company is operating very inefficient. -2
  • The TTM is -34.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-31.6%TTM-34.3%+2.7%
TTM-34.3%YOY-16.1%-18.1%
TTM-34.3%5Y-49.4%+15.2%
5Y-49.4%10Y-33.6%-15.8%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-31.6%20.4%-52.0%
TTM-34.3%19.7%-54.0%
YOY-16.1%23.9%-40.0%
5Y-49.4%-0.4%-49.0%
10Y-33.6%-20.9%-12.7%
4.3.2.2. Operating Ratio

Measures how efficient Empire Petroleum Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 1.31 means that the operating costs are $1.31 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Empire Petroleum Corp:

  • The MRQ is 1.313. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.556. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.313TTM1.556-0.242
TTM1.556YOY1.168+0.388
TTM1.5565Y1.531+0.025
5Y1.53110Y1.215+0.316
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3131.000+0.313
TTM1.5560.912+0.644
YOY1.1680.812+0.356
5Y1.5310.998+0.533
10Y1.2151.183+0.032
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4.4.3. Liquidity of Empire Petroleum Corp.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Empire Petroleum Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 0.43 means the company has $0.43 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Empire Petroleum Corp:

  • The MRQ is 0.435. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.637. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.435TTM0.637-0.202
TTM0.637YOY1.120-0.483
TTM0.6375Y0.856-0.220
5Y0.85610Y1.581-0.724
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4351.216-0.781
TTM0.6371.184-0.547
YOY1.1201.238-0.118
5Y0.8561.436-0.580
10Y1.5811.712-0.131
4.4.3.2. Quick Ratio

Measures if Empire Petroleum Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 0.36 means the company can pay off $0.36 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Empire Petroleum Corp:

  • The MRQ is 0.358. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.540. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.358TTM0.540-0.182
TTM0.540YOY0.925-0.385
TTM0.5405Y0.705-0.165
5Y0.70510Y1.400-0.695
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3580.737-0.379
TTM0.5400.754-0.214
YOY0.9250.856+0.069
5Y0.7050.952-0.247
10Y1.4001.294+0.106
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4.5.4. Solvency of Empire Petroleum Corp.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Empire Petroleum Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Empire Petroleum Corp to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.53 means that Empire Petroleum Corp assets are financed with 53.4% credit (debt) and the remaining percentage (100% - 53.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Empire Petroleum Corp:

  • The MRQ is 0.534. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.588. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.534TTM0.588-0.054
TTM0.588YOY0.709-0.121
TTM0.5885Y0.985-0.397
5Y0.98510Y0.834+0.151
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5340.411+0.123
TTM0.5880.419+0.169
YOY0.7090.419+0.290
5Y0.9850.454+0.531
10Y0.8340.457+0.377
4.5.4.2. Debt to Equity Ratio

Measures if Empire Petroleum Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 114.5% means that company has $1.14 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Empire Petroleum Corp:

  • The MRQ is 1.145. The company is able to pay all its debts with equity. +1
  • The TTM is 1.499. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.145TTM1.499-0.354
TTM1.499YOY2.467-0.967
TTM1.4995Y1.866-0.367
5Y1.86610Y1.271+0.595
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1450.646+0.499
TTM1.4990.642+0.857
YOY2.4670.600+1.867
5Y1.8660.801+1.065
10Y1.2710.733+0.538
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Empire Petroleum Corp generates.

  • Above 15 is considered overpriced but always compare Empire Petroleum Corp to the Oil & Gas E&P industry mean.
  • A PE ratio of -12.13 means the investor is paying $-12.13 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Empire Petroleum Corp:

  • The EOD is -15.293. Based on the earnings, the company is expensive. -2
  • The MRQ is -12.128. Based on the earnings, the company is expensive. -2
  • The TTM is -13.020. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.293MRQ-12.128-3.165
MRQ-12.128TTM-13.020+0.892
TTM-13.020YOY-37.026+24.006
TTM-13.0205Y17.345-30.365
5Y17.34510Y3.626+13.719
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-15.2930.382-15.675
MRQ-12.1280.780-12.908
TTM-13.020-0.324-12.696
YOY-37.0262.154-39.180
5Y17.345-0.340+17.685
10Y3.626-0.916+4.542
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Empire Petroleum Corp:

  • The EOD is -9.556. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.579. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.205. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.556MRQ-7.579-1.978
MRQ-7.579TTM-5.205-2.374
TTM-5.205YOY-21.332+16.127
TTM-5.2055Y1.652-6.857
5Y1.65210Y-17.409+19.061
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-9.556-1.082-8.474
MRQ-7.579-1.515-6.064
TTM-5.205-1.546-3.659
YOY-21.332-1.392-19.940
5Y1.652-2.519+4.171
10Y-17.409-2.751-14.658
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Empire Petroleum Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 3.12 means the investor is paying $3.12 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Empire Petroleum Corp:

  • The EOD is 3.939. Based on the equity, the company is fair priced.
  • The MRQ is 3.123. Based on the equity, the company is fair priced.
  • The TTM is 5.519. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD3.939MRQ3.123+0.815
MRQ3.123TTM5.519-2.396
TTM5.519YOY18.252-12.733
TTM5.5195Y9.206-3.687
5Y9.20610Y-567.473+576.679
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD3.9391.034+2.905
MRQ3.1231.069+2.054
TTM5.5191.132+4.387
YOY18.2521.197+17.055
5Y9.2061.345+7.861
10Y-567.4731.337-568.810
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Empire Petroleum Corp.

4.8.3. Insider Transactions

Insiders are holding 56.993% of the shares of Empire Petroleum Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2022-12-19Phil E MulacekBUY947079.952464841
2022-12-05Benjamin J Marchive IiBUY100013.6429500
2022-09-19Phil E MulacekBUY9075911.782362534
2022-09-16Phil E MulacekBUY4737611.922271775
2022-06-30Eugene J SweeneyBUY600011.4236000
2022-06-30Michael R MorrisettBUY150011.48447283
2022-06-29Phil E MulacekBUY1890810.582179929
2022-06-29Thomas W PritchardSELL53310.48276550
2022-06-24Mason H MatschkeBUY127312.35377646
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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2023-09-302023-12-312024-03-312024-06-302024-09-30
Current Deferred Revenue 5,726-5,72607747741,3112,086-4,790-2,704



5.2. Latest Balance Sheet

Balance Sheet of 2024-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets121,243
Total Liabilities64,713
Total Stockholder Equity56,530
 As reported
Total Liabilities 64,713
Total Stockholder Equity+ 56,530
Total Assets = 121,243

Assets

Total Assets121,243
Total Current Assets11,731
Long-term Assets109,512
Total Current Assets
Cash And Cash Equivalents 3,150
Net Receivables 6,506
Inventory 1,499
Other Current Assets 576
Total Current Assets  (as reported)11,731
Total Current Assets  (calculated)11,731
+/-0
Long-term Assets
Property Plant Equipment 108,266
Long-term Assets Other 1,246
Long-term Assets  (as reported)109,512
Long-term Assets  (calculated)109,512
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities26,994
Long-term Liabilities37,719
Total Stockholder Equity56,530
Total Current Liabilities
Short-term Debt 1,025
Short Long Term Debt 193
Accounts payable 18,238
Other Current Liabilities 7,731
Total Current Liabilities  (as reported)26,994
Total Current Liabilities  (calculated)27,187
+/- 193
Long-term Liabilities
Long term Debt 8,512
Capital Lease Obligations 655
Long-term Liabilities  (as reported)37,719
Long-term Liabilities  (calculated)9,167
+/- 28,552
Total Stockholder Equity
Common Stock91
Retained Earnings -76,623
Other Stockholders Equity 133,062
Total Stockholder Equity (as reported)56,530
Total Stockholder Equity (calculated)56,530
+/-0
Other
Capital Stock91
Cash and Short Term Investments 3,150
Common Stock Shares Outstanding 31,619
Current Deferred Revenue-2,704
Liabilities and Stockholders Equity 121,243
Net Debt 6,210
Net Invested Capital 65,235
Net Working Capital -15,263
Property Plant and Equipment Gross 139,529
Short Long Term Debt Total 9,360



5.3. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-31
> Total Assets 
851
996
971
943
1,054
7,307
7,229
0
7,356
7,127
7,115
612
612
380
514
572
566
546
533
540
530
1,048
1,039
747
637
1,742
2,021
1,951
1,951
1,721
1,538
1,461
1,411
1,252
1,160
1,115
1,055
1,056
1,577
2,138
2,377
2,431
2,746
377
363
318
374
327
330
346
337
324
306
229
237
229
246
228
195
0
127
244
217
200
190
185
182
383
409
360
352
378
378
304
1,723
1,997
1,997
11,766
11,795
11,015
12,978
23,123
22,759
11,250
17,092
43,090
46,642
50,090
52,819
64,091
66,242
71,545
64,682
62,940
76,267
92,616
100,083
119,945
121,243
121,243119,945100,08392,61676,26762,94064,68271,54566,24264,09152,81950,09046,64243,09017,09211,25022,75923,12312,97811,01511,79511,7661,9971,9971,72330437837835236040938318218519020021724412701952282462292372293063243373463303273743183633772,7462,4312,3772,1381,5771,0561,0551,1151,1601,2521,4111,4611,5381,7211,9511,9512,0211,7426377471,0391,0485305405335465665725143806126127,1157,1277,35607,2297,3071,054943971996851
   > Total Current Assets 
5
132
93
52
119
242
192
0
171
14
3
12
12
6
5
45
39
19
6
13
3
521
512
408
298
698
615
151
151
703
521
487
424
295
190
145
85
168
657
1,217
1,440
962
125
122
108
62
119
13
9
25
7
23
4
5
14
5
23
4
4
0
127
62
36
18
9
4
1
83
109
60
52
78
78
4
80
368
368
1,771
2,568
1,707
3,180
2,715
2,495
2,223
6,219
6,500
11,744
13,118
15,441
23,207
24,394
22,735
17,036
12,018
20,417
18,745
13,829
20,280
11,731
11,73120,28013,82918,74520,41712,01817,03622,73524,39423,20715,44113,11811,7446,5006,2192,2232,4952,7153,1801,7072,5681,7713683688047878526010983149183662127044235145423725913119621081221259621,4401,217657168851451902954244875217031511516156982984085125213136193945561212314171019224211952931325
       Cash And Cash Equivalents 
5
132
93
13
83
33
32
0
38
8
2
5
5
4
2
22
1
2
0
3
1
440
407
369
233
601
156
61
61
561
470
385
370
280
189
124
61
156
618
1,172
1,394
916
60
69
42
15
57
5
6
21
2
21
3
3
3
3
19
1
0
0
127
62
36
18
9
4
1
69
67
22
14
78
78
4
58
85
85
0
18
0
590
286
134
158
3,915
1,017
3,188
3,612
5,354
12,437
15,734
11,944
6,764
1,295
11,035
7,793
3,491
9,258
3,150
3,1509,2583,4917,79311,0351,2956,76411,94415,73412,4375,3543,6123,1881,0173,91515813428659001808585584787814226769149183662127001193333212216557154269609161,3941,172618156611241892803703854705616161156601233369407440130212224552838032338313931325
       Net Receivables 
0
0
0
36
36
197
157
0
128
0
0
3
3
2
3
21
38
17
6
9
2
81
105
39
65
98
459
90
90
142
52
92
47
11
1
12
17
9
40
46
46
46
56
46
62
46
61
7
2
2
2
1
0
0
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21
125
125
787
1,164
983
679
928
1,097
1,252
1,282
3,600
6,818
7,734
8,491
8,847
5,982
7,780
6,504
7,693
7,226
8,355
7,290
8,783
6,506
6,5068,7837,2908,3557,2267,6936,5047,7805,9828,8478,4917,7346,8183,6001,2821,2521,0979286799831,164787125125210000000000000000000900122276146624656464646409171211147925214290904599865391058129617382132330012801571973636000
       Other Current Assets 
0
0
0
4
0
12
0
0
0
0
0
4
0
0
0
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11
8
4
0
9
6
3
0
0
0
0
9
7
4
1
1
1
1
2
2
1
1
2
2
2
3
3
3
0
0
0
0
0
0
0
0
14
42
38
38
0
0
0
21,237,000
158
158
549
918
248
1,755
934
674
282
216
192
208
734
620
731
1,073
1,170
1,507
1,491
592
1,164
1,251
788
576
5767881,2511,1645921,4911,5071,1701,0737316207342081922162826749341,75524891854915815821,237,00000038384214000000003332221122111147900003690481100000000000000030004000001204000
   > Long-term Assets 
847
865
878
891
936
7,065
7,037
0
7,185
7,113
7,112
600
600
374
509
527
527
527
527
527
527
527
527
339
339
1,044
1,406
1,800
1,800
1,017
1,017
973
987
957
970
970
970
888
920
920
938
1,469
2,621
255
255
255
255
314
321
321
330
301
301
223
223
223
223
223
192
0
0
181
181
181
181
181
181
300
300
300
300
300
300
300
1,644
1,630
1,630
9,995
9,228
9,308
9,798
20,408
20,264
9,027
10,873
36,590
34,898
36,972
37,378
40,884
41,849
48,810
47,647
50,922
55,850
73,871
86,253
99,665
109,512
109,51299,66586,25373,87155,85050,92247,64748,81041,84940,88437,37836,97234,89836,59010,8739,02720,26420,4089,7989,3089,2289,9951,6301,6301,644300300300300300300300181181181181181181001922232232232232233013013303213213142552552552552,6211,4699389209208889709709709579879731,0171,0171,8001,8001,4061,0443393395275275275275275275275275093746006007,1127,1137,18507,0377,065936891878865847
       Property Plant Equipment 
11
10
9
9
9
7,065
7,037
0
7,185
7,113
7,112
600
600
374
509
527
527
527
527
527
527
527
527
339
339
1,044
1,406
1,800
1,800
1,017
1,017
973
987
957
970
970
970
888
920
920
938
1,469
2,621
255
255
255
255
255
255
255
255
223
223
223
223
223
223
223
192
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,344
1,630
1,630
9,995
9,228
9,308
8,729
19,795
19,517
8,225
8,161
30,333
29,545
30,677
30,637
33,546
35,897
45,311
46,900
50,175
54,475
72,396
84,322
98,095
108,266
108,26698,09584,32272,39654,47550,17546,90045,31135,89733,54630,63730,67729,54530,3338,1618,22519,51719,7958,7299,3089,2289,9951,6301,6301,3440000000000000001922232232232232232232232552552552552552552552552,6211,4699389209208889709709709579879731,0171,0171,8001,8001,4061,0443393395275275275275275275275275093746006007,1127,1137,18507,0377,0659991011
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,100
4,330
4,810
5,290
5,450
5,450
2,779
0
0
0
0
0
0
0
00000002,7795,4505,4505,2904,8104,3305,1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long-term Assets Other 
836
855
869
881
927
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58
66
66
75
78
78
0
0
0
0
0
0
0
0
181
181
181
181
181
181
0
0
0
0
0
0
0
0
0
0
0
0
0
1,069
613
748
802
2,712
1,157
1,023
1,485
1,452
1,888
501
720
747
747
1,375
1,475
1,931
1,571
1,246
1,2461,5711,9311,4751,3757477477205011,8881,4521,4851,0231,1572,7128027486131,069000000000000018118118118118118100000000787875666658000000000000000000000000000000000000000000927881869855836
> Total Liabilities 
352
352
352
378
55
1,723
1,736
0
1,951
1,873
1,865
707
707
274
353
477
504
538
579
623
682
491
512
520
522
944
597
510
510
543
379
352
90
73
54
72
64
35
42
45
46
54
234
149
151
107
110
111
183
247
276
10
41
4
57
92
114
118
151
0
42
0
1
8
43
46
50
81
178
172
218
250
250
401
1,401
2,147
2,147
12,693
13,670
15,953
16,226
28,938
29,690
29,691
30,046
49,294
42,912
39,255
38,887
41,251
41,972
48,309
45,083
44,624
57,439
57,659
68,391
61,274
64,713
64,71361,27468,39157,65957,43944,62445,08348,30941,97241,25138,88739,25542,91249,29430,04629,69129,69028,93816,22615,95313,67012,6932,1472,1471,40140125025021817217881504643810420151118114925744110276247183111110107151149234544645423564725473903523795435105105979445225205124916826235795385044773532747077071,8651,8731,95101,7361,72355378352352352
   > Total Current Liabilities 
352
352
352
378
55
473
456
0
671
623
615
537
537
274
353
477
504
538
579
623
682
491
512
520
522
944
597
492
492
525
327
300
38
21
2
19
12
1
8
11
12
20
199
149
151
107
110
111
183
247
276
10
41
4
57
92
114
118
151
0
42
0
1
8
43
46
50
23
75
56
48
202
202
349
295
741
741
2,412
1,911
2,238
10,338
12,128
12,635
6,073
13,267
19,677
9,918
12,054
10,694
12,474
13,062
17,621
14,752
12,601
18,865
25,050
27,048
23,762
26,994
26,99423,76227,04825,05018,86512,60114,75217,62113,06212,47410,69412,0549,91819,67713,2676,07312,63512,12810,3382,2381,9112,4127417412953492022024856752350464381042015111811492574411027624718311111010715114919920121181121922138300327525492492597944522520512491682623579538504477353274537537615623671045647355378352352352
       Short-term Debt 
283
283
283
283
0
182
182
0
182
286
220
50
50
67
67
85
87
89
91
92
94
96
97
99
101
103
104
106
106
110
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
100
0
100
100
0
0
0
0
0
56
92
105
115
148
0
0
0
0
0
0
0
0
0
0
0
0
137
137
164
203
279
279
150
151
97
8,339
8,731
8,835
1,391
8,498
13,414
1,419
1,881
1,734
1,615
1,510
2,316
2,738
2,626
6,034
1,537
1,977
1,825
1,025
1,0251,8251,9771,5376,0342,6262,7382,3161,5101,6151,7341,8811,41913,4148,4981,3918,8358,7318,339971511502792792031641371370000000000001481151059256000001001000100100000000000000001101061061041031019997969492918987856767505022028618201821820283283283283
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,402
13,268
1,253
1,701
1,553
1,406
1,259
2,059
2,481
2,316
5,610
1,104
1,546
1,400
193
1931,4001,5461,1045,6102,3162,4812,0591,2591,4061,5531,7011,25313,2688,402000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
291
274
0
489
337
395
487
487
207
286
391
417
449
488
530
588
395
414
421
422
842
493
386
386
415
327
300
38
21
2
19
0
0
0
0
0
0
0
0
0
7
10
0
0
14
17
10
41
4
1
1
9
2
3
0
42
0
1
8
43
46
50
23
71
49
37
65
65
184
92
321
321
734
778
1,026
1,095
1,040
1,536
1,938
2,106
2,363
4,264
4,330
2,675
3,325
4,227
5,843
5,733
4,159
6,051
16,437
17,194
13,642
18,238
18,23813,64217,19416,4376,0514,1595,7335,8434,2273,3252,6754,3304,2642,3632,1061,9381,5361,0401,0951,0267787343213219218465653749712350464381042032911441101714001070000000001922138300327415386386493842422421414395588530488449417391286207487487395337489027429100000
       Other Current Liabilities 
70
70
70
95
0
473
0
0
671
0
0
0
32
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
1
8
11
12
20
199
149
51
100
100
11
83
234
259
10
41
4
56
1
9
115
3
0
0
0
1
8
43
46
50
23
4
7
10
0
65
184
91,714,000
141
141
1,528
982
12
904
2,356
2,263
46
236
187
4,234
5,844
6,285
7,534
7,325
9,461
6,280
5,816
-5,826
7,075
6,329
7,278
7,731
7,7317,2786,3297,075-5,8265,8166,2809,4617,3257,5346,2855,8444,234187236462,2632,356904129821,52814114191,714,0001846501074235046438100031159156441102592348311100100511491992012118112000000000000000000000003200067100473095707070
   > Long-term Liabilities 
0
0
0
0
0
1,250
1,280
0
1,280
1,250
1,250
170
170
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18
18
18
52
52
52
52
52
52
52
34
34
34
34
34
34
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59
103
117
170
47
47
52
1,106
1,406
1,406
10,281
11,759
13,715
5,887
16,811
17,056
23,618
16,779
29,617
32,994
27,201
28,193
28,777
28,910
30,689
30,331
32,023
38,574
32,610
41,343
37,512
37,719
37,71937,51241,34332,61038,57432,02330,33130,68928,91028,77728,19327,20132,99429,61716,77923,61817,05616,8115,88713,71511,75910,2811,4061,4061,1065247471701171035900000000000000000000000034343434343452525252525252181818000000000000001701701,2501,2501,28001,2801,25000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,254
625
8,443
9,480
7,560
7,223
6,806
6,574
5,140
4,668
4,055
0
0
0
0
0
000004,0554,6685,1406,5746,8067,2237,5609,4808,4436258,25400000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,364
15,649
20,489
22,833
19,641
20,971
21,380
21,722
0
25,143
27,455
0
0
0
0
0
0000027,45525,143021,72221,38020,97119,64122,83320,48915,64915,36400000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
499
644
619
565
999
5,585
5,494
0
5,405
5,254
5,249
-95
-95
106
161
96
62
8
-45
-83
-152
557
527
227
114
798
1,424
1,440
1,440
1,178
1,159
1,109
1,321
1,179
1,105
1,044
991
1,021
1,536
2,093
2,331
2,377
2,513
228
212
210
264
215
147
99
61
314
265
225
181
136
132
110
44
0
86
244
216
191
147
139
133
301
231
187
134
128
128
-96
323
-150
-150
-928
-1,875
-4,939
-3,248
-5,815
-6,931
-18,441
-12,954
-6,204
3,730
10,834
13,931
22,840
24,271
23,236
19,600
18,316
18,828
34,956
31,691
58,671
56,530
56,53058,67131,69134,95618,82818,31619,60023,23624,27122,84013,93110,8343,730-6,204-12,954-18,441-6,931-5,815-3,248-4,939-1,875-928-150-150323-961281281341872313011331391471912162448604411013213618122526531461991472152642102122282,5132,3772,3312,0931,5361,0219911,0441,1051,1791,3211,1091,1591,1781,4401,4401,424798114227527557-152-83-4586296161106-95-955,2495,2545,40505,4945,585999565619644499
   Common Stock
14
15
15
15
16
23
23
0
23
24
24
24
24
36
36
38
38
38
38
38
38
43
43
43
43
43
50
50
50
55
55
55
57
57
57
57
57
57
57
75
79
81
83
83
83
84
86
86
86
86
86
92
92
92
8
8
8
8
8
8
9
9
9
9
9
9
9
9
11
11
9
9
9
11
17
17
17
20
20
20
21
21
25
25
58
66
74
79
80
81
82
82
82
82
82
85
85
91
91
919185858282828282818079746658252521212020201717171199911119999999988888892929286868686868483838381797557575757575757555555505050434343434338383838383836362424242423023231615151514
   Retained Earnings -76,623-72,984-68,594-64,619-59,821-57,074-54,609-52,149-49,860-50,076-55,610-59,233-50,614-46,888-41,616-40,618-26,809-25,168-22,195-23,783-20,669-19,722-17,128-17,128-16,821-16,588-16,111-16,111-15,498-15,429-15,386-15,281-15,061-15,042-14,956-14,899-14,862-14,822-14,786-14,724-14,668-14,589-14,555-14,488-14,431-14,374-14,322-14,260-14,198-14,148-14,087-14,007-13,945-13,887-13,829-13,759-11,462-11,349-11,207-11,131-11,061-10,963-10,981-10,915-10,835-10,749-10,595-10,479-10,416-10,385-9,097-9,097-9,097-8,983-8,904-8,779-8,466-8,424-8,620-8,539-8,489-8,423-8,357-8,310-8,233-8,075-7,752-7,752-2,408-2,332-2,0590-1,975-1,883-1,815-1,815-1,654-1,654-1,654
   Accumulated Other Comprehensive Income 
-27
-82
-108
0
-43
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68
68
68
68
818
250
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000000000000000000000000000000000000250818686868680000000000000000-430-108-82-27
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,152
28,618
40,618
54,367
69,988
69,462
72,834
74,049
75,303
74,127
75,308
0
0
0
0
0
0000075,30874,12775,30374,04972,83469,46269,98854,36740,61828,61822,15200000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
2,166
2,366
2,366
2,366
2,841
7,445
7,445
0
7,441
7,562
7,633
7,633
7,633
8,145
8,357
8,368
8,381
8,393
8,406
8,418
8,431
8,870
8,883
8,895
8,908
8,920
10,220
10,487
10,487
11,507
11,520
11,532
11,858
11,871
11,883
11,902
11,914
11,927
12,539
13,150
13,459
13,645
13,892
13,904
13,958
14,013
14,124
14,136
14,149
14,161
14,174
14,483
14,495
14,508
14,604
14,617
14,679
14,692
14,704
14,717
14,863
15,057
15,069
15,082
15,094
15,173
15,185
15,574
15,606
15,606
15,623
16,231
16,231
16,480
17,127
16,961
16,961
18,774
18,774
18,824
18,925
19,332
19,853
22,152
28,605
40,618
54,270
69,988
69,462
72,834
74,049
75,303
74,127
75,308
78,567
99,490
100,200
131,564
133,062
133,062131,564100,20099,49078,56775,30874,12775,30374,04972,83469,46269,98854,27040,61828,60522,15219,85319,33218,92518,82418,77418,77416,96116,96117,12716,48016,23116,23115,62315,60615,60615,57415,18515,17315,09415,08215,06915,05714,86314,71714,70414,69214,67914,61714,60414,50814,49514,48314,17414,16114,14914,13614,12414,01313,95813,90413,89213,64513,45913,15012,53911,92711,91411,90211,88311,87111,85811,53211,52011,50710,48710,48710,2208,9208,9088,8958,8838,8708,4318,4188,4068,3938,3818,3688,3578,1457,6337,6337,6337,5627,44107,4457,4452,8412,3662,3662,3662,166



5.4. Balance Sheets

Currency in USD. All numbers in thousands.




5.5. Cash Flows

Currency in USD. All numbers in thousands.




5.6. Income Statements

Currency in USD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue40,142
Cost of Revenue-34,766
Gross Profit5,3765,376
 
Operating Income (+$)
Gross Profit5,376
Operating Expense-17,001
Operating Income-11,625-11,625
 
Operating Expense (+$)
Research Development0
Selling General Administrative15,179
Selling And Marketing Expenses0
Operating Expense17,00115,179
 
Net Interest Income (+$)
Interest Income0
Interest Expense-1,000
Other Finance Cost-167
Net Interest Income-834
 
Pretax Income (+$)
Operating Income-11,625
Net Interest Income-834
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-12,602-10,648
EBIT - interestExpense = -12,602
-12,602
-11,469
Interest Expense1,000
Earnings Before Interest and Taxes (EBIT)-11,601-11,601
Earnings Before Interest and Taxes (EBITDA)-8,081
 
After tax Income (+$)
Income Before Tax-12,602
Tax Provision-74
Net Income From Continuing Ops-9,962-12,676
Net Income-12,470
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses51,701
Total Other Income/Expenses Net-977834
 

Technical Analysis of Empire Petroleum Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Empire Petroleum Corp. The general trend of Empire Petroleum Corp is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Empire Petroleum Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Empire Petroleum Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 8.0653 < 8.12 < 8.665.

The bearish price targets are: 5.49 > 5.35 > 4.9471.

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Empire Petroleum Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Empire Petroleum Corp. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Empire Petroleum Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Empire Petroleum Corp. The current macd is 0.08280097.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Empire Petroleum Corp price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Empire Petroleum Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Empire Petroleum Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Empire Petroleum Corp Daily Moving Average Convergence/Divergence (MACD) ChartEmpire Petroleum Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Empire Petroleum Corp. The current adx is 20.39.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Empire Petroleum Corp shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Empire Petroleum Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Empire Petroleum Corp. The current sar is 7.77353898.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Empire Petroleum Corp Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Empire Petroleum Corp. The current rsi is 46.54. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Empire Petroleum Corp Daily Relative Strength Index (RSI) ChartEmpire Petroleum Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Empire Petroleum Corp. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Empire Petroleum Corp price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Empire Petroleum Corp Daily Stochastic Oscillator ChartEmpire Petroleum Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Empire Petroleum Corp. The current cci is -29.02365302.

Empire Petroleum Corp Daily Commodity Channel Index (CCI) ChartEmpire Petroleum Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Empire Petroleum Corp. The current cmo is -15.33607709.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Empire Petroleum Corp Daily Chande Momentum Oscillator (CMO) ChartEmpire Petroleum Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Empire Petroleum Corp. The current willr is -84.71704507.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Empire Petroleum Corp Daily Williams %R ChartEmpire Petroleum Corp Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Empire Petroleum Corp.

Empire Petroleum Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Empire Petroleum Corp. The current atr is 0.42556571.

Empire Petroleum Corp Daily Average True Range (ATR) ChartEmpire Petroleum Corp Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Empire Petroleum Corp. The current obv is 1,934,125.

Empire Petroleum Corp Daily On-Balance Volume (OBV) ChartEmpire Petroleum Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Empire Petroleum Corp. The current mfi is 56.25.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Empire Petroleum Corp Daily Money Flow Index (MFI) ChartEmpire Petroleum Corp Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Empire Petroleum Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-08-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-09-03STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-09-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-09-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-09-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-10-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-10-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-10-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-11-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-12-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-12-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-01-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-01-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Empire Petroleum Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Empire Petroleum Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.538
Ma 20Greater thanMa 507.020
Ma 50Greater thanMa 1006.535
Ma 100Greater thanMa 2005.861
OpenGreater thanClose7.190
Total4/5 (80.0%)
Penke
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