Corporate News – Empire Petroleum
Trading Performance
- Current price: USD 3.07 on major exchanges.
- Market capitalization: USD 127.7 million.
- Shares outstanding: 41.6 million.
- 24‑hour volume: USD 148.3 k.
- Price change: down 4.66 % as of 11:25 AM CET on Monday 26 March 2026.
- Monthly performance: up 35.84 % since the end of February 2026.
Technical Indicators
| Indicator | Value | Reference |
|---|---|---|
| Simple moving average (200 days) | USD 2.85 | |
| 52‑week high | USD 4.00 | 03/03/2026 |
| 52‑week low | USD 2.08 | 09/29/2026 |
Recent Corporate Activity
No new corporate announcements were made by Empire Petroleum in the last 24 hours.
Related Market Activity
| Stock | Ticker | 24‑hour change | Current price | Market cap | P/E |
|---|---|---|---|---|---|
| Aa Mission Acquisition | YCY | -0.1 % | USD 10.30 | USD 151.8 m | — |
| Duluth | DLTH | -0.5 % | USD 3.95 | USD 150.1 m | 23.23 |
| Espey Mfg & Electronics | ESP | +1.5 % | USD 52.02 | USD 151.6 m | 13.25 |
| Egain | EGAN | +0.35 % | USD 5.68 | USD 148.7 m | 17.72 |
| Cantor Equity Vi | CEPS | +0.69 % | USD 10.19 | USD 148.5 m | 22.83 |
Industry Context – Wildcat Resources Limited
Wildcat Resources Limited completed a Definitive Feasibility Study for its Tabba Tabba lithium project in Western Australia’s Pilbara. Key points:
- Resource: Spodumene, with an estimated life‑of‑mine of ~15 years.
- Production target: 5.5 % Li₂O concentrate.
- Financials: Post‑tax NPV improved, shorter payback period, higher IRR.
- Ownership: 100 % of the project leases.
- Regulatory status: Approved by WA EPA and received a controlled‑action notice under the EPBC Act.
- Funding: Discussions underway for offtake, asset‑partner and debt options; cash balance supports early works.
Company Profile – Empire Petroleum
Empire Petroleum Corporation focuses on conventional oil and natural gas production in the United States. Its asset base includes mature, low‑operational‑cost fields in the Permian Basin, Bakken region, and central Gulf Coast (New Mexico, North Dakota, Montana, Louisiana, Texas). The company emphasizes long‑life assets with slow decline profiles.
