EMPIRE PETROLEUM CORP
Empire Petroleum is an independent energy company that operates developed oil and natural gas properties in four geographic areas in the United States. It operates through subsidiaries in New Mexico, North Dakota, Texas and Louisiana, and has a single operating segment. Its properties produce oil, natural gas and natural gas liquids, with oil as the primary product in New Mexico and Louisiana. Empire manages production at operated properties and selectively participates in drilling and development on properties operated by others. Empire sells its oil, natural gas and natural gas liquids to third-party purchasers under market-based contracts. Oil is sold at lease locations by truck or pipeline, while natural gas and natural gas liquids are primarily sold at lease locations. Empire’s corporate headquarters are in Tulsa, Oklahoma.
Empire Petroleum issued a $6.75 million convertible note to Energy Evolution for working capital. The note matures in 2028, with a 6% annual interest rate and a conversion option at $2.16 per share starting 2027. Up to 3.125 million shares could be issued if the full principal is converted.
EMPIRE PETROLEUM CORP (EP) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. On November 9, 2026, Empire Petroleum Corporation (the “Company”) issued that certain Promissory Note in the aggregate principal amount of $6,750,000 (the “Note”) to Energy Evolution Master Fund, Ltd., a Caymon Islands exempt
Energy Evolution Master Fund, Ltd. purchased 91,213 shares of EMPIRE PETROLEUM CORP (EP) at an average of $2.23 ($2.02–$2.53, $0.20M total) across 3 trades over 2026-11-05 to 2026-11-09 under a Rule 10b5-1 trading plan.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning EP (EMPIRE PETROLEUM CORP). Coverage has skewed bearish: 0 bullish, 1 neutral, and 1 bearish.
Recent EP coverage spans insider activity, corporate actions and financial news.
In the last 30 days, EP insiders filed 5 SEC Form 4 transactions — 5 purchases ($253K) and no sales. The most active reporter was Energy Evolution Master Fund, Ltd. with 5 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
The financing likely increases near-term liquidity but introduces dilution and balance-sheet risk via potential conversion.
The financing adds near-term liquidity but introduces dilution/convertibility risk tied to the $2.16 conversion price and potential share issuance.
Small insider purchase likely adds modest buying pressure.
Minor insider buying likely has little effect on EP.
Small insider purchase may signal confidence but limited market impact.
AlphAI scores every news story that mentions EP with an AI model for sentiment and relevance, and aggregates insider trades from EMPIRE PETROLEUM CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
Empire Petroleum issued a $6.75 million convertible note to Energy Evolution for working capital. The note matures in 2028, with a 6% annual interest rate and a conversion option at $2.16 per share starting 2027. Up to 3.125 million shares could be issued if the full principal is converted.
EMPIRE PETROLEUM CORP (EP) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. On November 9, 2026, Empire Petroleum Corporation (the “Company”) issued that certain Promissory Note in the aggregate principal amount of $6,750,000 (the “Note”) to Energy Evolution Master Fund, Ltd., a Caymon Islands exempt
Energy Evolution Master Fund, Ltd. purchased 91,213 shares of EMPIRE PETROLEUM CORP (EP) at an average of $2.23 ($2.02–$2.53, $0.20M total) across 3 trades over 2026-11-05 to 2026-11-09 under a Rule 10b5-1 trading plan.
Glenbrook Capital bought $706,056 in SenesTech (SNES) shares at $0.63-$0.89. Applied Digital (APLD) insiders bought $6.7M shares at $18.04-$18.86. Wayfair (W) insiders sold $26M shares at $110-$112.92. Talos (TALO) and Aflac (AFL) also saw insider sales.
Mulacek Phil E purchased 97,981 indirectly-held shares of EMPIRE PETROLEUM CORP (EP) at an average of $3.19 ($3.08–$3.20, $0.31M total) across 4 trades over 2026-10-09 to 2026-10-15.
Mulacek Phil E purchased 25,127 indirectly-held shares of EMPIRE PETROLEUM CORP (EP) at an average of $2.71 ($2.67–$2.82) across 4 trades over 2026-10-05 to 2026-10-08.
Mulacek Phil E purchased 11,915 indirectly-held shares of EMPIRE PETROLEUM CORP (EP) at $2.25 on 2026-09-30.
EMPIRE PETROLEUM CORP (EP) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. On September 10, 2026, Empire Petroleum Corporation (the “Company”) issued that certain Promissory Note in the aggregate principal amount of $3,250,000 (the “Note”) to Petroleum Independent & Exploration, LLC, a Nevada limite
Matschke Mason H. purchased 5,777 shares of EMPIRE PETROLEUM CORP (EP) at $2.38 on 2026-09-11.
EMPIRE PETROLEUM CORP (EP) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99 EMPIRE PETROLEUM REPORTS FINANCIAL RESULTS FOR SECOND QUARTER 2026 AND PROVIDES OPERATIONAL UPDATE TULSA, OK – (AUGUST 17, 2026) – Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New
