EPNYSECrude Petroleum & Natural GasFiscal year ends December 31
EMPIRE PETROLEUM CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$3.39+0.17 (+5.28%)
Close on Oct 19, 2026
- Market cap
- $139.92M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
5.5%
2M of 42M shares
Institutional holders
33
9 new, 22 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
13 buys · 3 sales
Net bought $106.71K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Phil E. Mulacek | 7,126,376 | 21.20% | 13D (active) amendment | Nov 25, 2024 |
| Energy Evolution Master Fund, Ltd. | 12,209,953 | 30.70% | 13D (active) amendment | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of EP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 662,546 | 1.59% | $1.78M | +87,289 | 0.00% |
| Geode Capital Management, LLC | 238,289 | 0.57% | $638.97K | −189,933 | 0.00% |
| BlackRock, Inc. | 211,830 | 0.51% | $567.71K | −695,599 | 0.00% |
| Millennium Management LLC | 155,999 | 0.38% | $418.08K | New | 0.00% |
| Vanguard Fiduciary Trust Co | 124,683 | 0.30% | $334.15K | +16,477 | 0.00% |
| &partners | 110,857 | 0.27% | $297.10K | – | 0.00% |
| Jane Street Group, LLC | 88,768 | 0.21% | $237.90K | New | 0.00% |
| Citadel Advisors LLC | 66,304 | 0.16% | $177.70K | +52,418 | 0.00% |
| Susquehanna International Group, Llp | 64,693 | 0.16% | $173.38K | New | 0.00% |
| Wellington Management Group Llp | 62,783 | 0.15% | $168.26K | +16,769 | 0.00% |
| Wealth Enhancement Advisory Services, LLC | 57,331 | 0.14% | $151.35K | – | 0.00% |
| State Street Corp | 53,772 | 0.13% | $144.11K | −159,120 | 0.00% |
| Goldman Sachs Group Inc | 53,419 | 0.13% | $143.16K | +9,698 | 0.00% |
| NewEdge Advisors, LLC | 51,064 | 0.12% | $136.85K | New | 0.00% |
| Northern Trust Corp | 48,906 | 0.12% | $131.07K | −82,939 | 0.00% |
| Bridgeway Capital Management, LLC | 45,300 | 0.11% | $121.40K | New | 0.00% |
| Cetera Investment Advisers | 40,412 | 0.10% | $108.30K | +1,603 | 0.00% |
| Qube Research & Technologies Ltd | 28,523 | 0.07% | $76.44K | New | 0.00% |
| Hrt Financial LP | 26,965 | 0.06% | $72 | New | 0.00% |
| UBS Group AG | 16,988 | 0.04% | $45.53K | −2,258 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 33 | 2M | 5.5% | 9 / 10 | 10 / 22 | 1M | 2M |
| Q1 2026 | 46 | 3M | 7.7% | 8 / 20 | 10 / 4 | 1M | 0M |
| Q4 2025 | 43 | 3M | 7.6% | 1 / 18 | 16 / 2 | 0M | 0M |
| Q3 2025 | 44 | 3M | 7.8% | 2 / 18 | 13 / 3 | 0M | 0M |
| Q2 2025 | 45 | 3M | 8.0% | 2 / 11 | 19 / 5 | 0M | 0M |
| Q1 2025 | 48 | 3M | 8.3% | 5 / 19 | 11 / 0 | 0M | 0M |
| Q4 2024 | 44 | 3M | 8.2% | 4 / 22 | 6 / 3 | 0M | 1M |
| Q3 2024 | 43 | 4M | 9.0% | 8 / 15 | 7 / 2 | 1M | 0M |
| Q2 2024 | 38 | 3M | 8.2% | 5 / 20 | 6 / 5 | 0M | 0M |
| Q1 2024 | 38 | 3M | 8.2% | 7 / 10 | 14 / 2 | 0M | 0M |
| Q4 2023 | 33 | 3M | 7.6% | 0 / 20 | 5 / 2 | 0M | 0M |
| Q3 2023 | 35 | 3M | 7.1% | 3 / 16 | 8 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of EP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 374,821 | 0.90% | $1.00M | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 276,241 | 0.66% | $740.33K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 95,133 | 0.23% | $241.64K | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 79,145 | 0.19% | $201.03K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 51,937 | 0.12% | $131.92K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 45,634 | 0.11% | $122.30K | 0.01% | Jun 30, 2026 |
| Ultra-Small Company Market Fund | 45,300 | 0.11% | $121.40K | 0.08% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 36,909 | 0.09% | $93.75K | 0.00% | May 31, 2026 |
| Goldman Sachs Absolute Return Tracker Fund | 26,593 | 0.06% | $71.27K | 0.00% | Jun 30, 2026 |
| Vanguard Russell 2000 Growth Index Fund | 14,572 | 0.04% | $37.01K | 0.00% | May 31, 2026 |
| Vanguard Balanced Index Fund | 6,985 | 0.02% | $18.72K | 0.00% | Jun 30, 2026 |
| Small Cap Index Fund | 5,961 | 0.01% | $15.14K | 0.00% | May 31, 2026 |
| Vanguard Institutional Total Stock Market Index Fund | 4,499 | 0.01% | $12.06K | 0.00% | Jun 30, 2026 |
| Bridge Builder Small/Mid Cap Growth Fund | 2,922 | 0.01% | $7.83K | 0.00% | Jun 30, 2026 |
| 1290 VT Micro Cap Portfolio | 2,713 | 0.01% | $7.27K | 0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael R. Morrisett | President & CEO, Director | 2,035,825 | 4.90% | Jul 7, 2026 |
| Matthew E. Watson | Chief Accounting Officer | 14,000 | 0.03% | Sep 9, 2026 |
| Phil E. Mulacek | Director, 10% owner | 11,546,480 | 27.77% | Sep 16, 2026 |
| Mason H. Matschke | Director | 825,206 | 1.98% | Sep 15, 2026 |
| J. Kevin Vann | Director | 38,115 | 0.09% | Jun 18, 2026 |
| Benjamin J. Marchive II | Director | 73,000 | 0.18% | Jun 18, 2026 |
| Andrew Lloyd Lewis | Director | 53,220 | 0.13% | Jun 18, 2026 |
| Energy Evolution Master Fund, Ltd. | 10% owner | 12,209,953 | 29.37% | Jul 7, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Mason H. Matschke Director | Sep 11, 2026 | Buy | +5,777 | $2.38 | $13.75K | 442,302 |
| Matthew E. Watson Chief Accounting Officer | Sep 8, 2026 | Sale | −3,288 | $3.13 | $10.29K | 14,000 |
| Matthew E. Watson Chief Accounting Officer | Sep 4, 2026 | Sale | −1,712 | $3.12 | $5.34K | 17,288 |
| Energy Evolution Master Fund, Ltd. 10% owner | Jul 2, 2026 | Other | −941,332 | – | – | 12,209,953 |
| Michael R. Morrisett President & CEO, Director | Jul 2, 2026 | Other | +16,609 | – | – | 362,697 |
| Benjamin J. Marchive II Director | Jun 16, 2026 | Award | +10,000 | – | – | 73,000 |
| Phil E. Mulacek Director, 10% owner | Jun 16, 2026 | Award | +10,000 | – | – | 9,411,581 |
| Andrew Lloyd Lewis Director | Jun 16, 2026 | Award | +10,000 | – | – | 53,220 |
| Matthew E. Watson Chief Accounting Officer | Jun 16, 2026 | Award | +9,000 | – | – | 19,000 |
| J. Kevin Vann Director | Jun 16, 2026 | Award | +10,000 | – | – | 38,115 |
| Mason H. Matschke Director | Jun 16, 2026 | Award | +10,000 | – | – | 436,525 |
| Mason H. Matschke Director | May 29, 2026 | Buy | +7,777 | $2.54 | $19.75K | 426,525 |
| Phil E. Mulacek Director, 10% owner | Apr 15, 2026 | Option exercise | +67,148 | $2.99 | $200.77K | 919,812 |
| Phil E. Mulacek Director, 10% owner | Apr 15, 2026 | Option exercise | +2,089,100 | $2.99 | $6.25M | 9,401,581 |
| Phil E. Mulacek Director, 10% owner | Apr 15, 2026 | Option exercise | +45,378 | $2.99 | $135.68K | 578,746 |
| Phil E. Mulacek Director, 10% owner | Apr 15, 2026 | Option exercise | +51,692 | $2.99 | $154.56K | 592,318 |
| Phil E. Mulacek Director, 10% owner | Apr 15, 2026 | Option exercise | +620 | $2.99 | $1.85K | 44,023 |
| Energy Evolution Master Fund, Ltd. 10% owner | Mar 31, 2026 | Option exercise | +1,855,757 | $2.99 | $5.55M | 13,151,285 |
| Mason H. Matschke Director | Mar 31, 2026 | Option exercise | +5,402 | $2.99 | $16.15K | 418,748 |
| Phil E. Mulacek Director, 10% owner | Mar 10, 2026 | Option exercise | +1,003,344 | $2.99 | $3.00M | 7,177,076 |
| Energy Evolution Master Fund, Ltd. 10% owner | Jan 5, 2026 | Other | +562,500 | – | – | 11,295,528 |
| Phil E. Mulacek Director, 10% owner | Jan 2, 2026 | Buy | +1,068 | $3.00 | $3.20K | 6,173,732 |
| Phil E. Mulacek Director, 10% owner | Dec 31, 2025 | Buy | +732 | $2.95 | $2.16K | 6,172,664 |
| Phil E. Mulacek Director, 10% owner | Dec 31, 2025 | Buy | +5,000 | $3.00 | $15.00K | 6,171,932 |
| Phil E. Mulacek Director, 10% owner | Dec 30, 2025 | Buy | +84 | $3.00 | $252 | 6,166,932 |
| Phil E. Mulacek Director, 10% owner | Dec 29, 2025 | Buy | +5,367 | $3.00 | $16.10K | 6,166,848 |
| Phil E. Mulacek Director, 10% owner | Dec 2, 2025 | Buy | +7,223 | $3.00 | $21.67K | 6,161,481 |
| Phil E. Mulacek Director, 10% owner | Nov 28, 2025 | Buy | +1,743 | $3.00 | $5.23K | 6,154,258 |
| Phil E. Mulacek Director, 10% owner | Nov 26, 2025 | Buy | +1,316 | $3.00 | $3.95K | 6,152,515 |
| Benjamin J. Marchive II Director | Nov 18, 2025 | Buy | +2,000 | $3.14 | $6.28K | 63,000 |
| Michael R. Morrisett President & CEO, Director | Nov 5, 2025 | Sale | −187,084 | $3.77 | $705.31K | 346,088 |
| Phil E. Mulacek Director, 10% owner | Nov 5, 2025 | Buy | +187,084 | $3.77 | $705.31K | 5,562,099 |
| Phil E. Mulacek Director, 10% owner | Nov 5, 2025 | Option exercise | +589,100 | $1.52 | $895.43K | 6,151,199 |
| Phil E. Mulacek Director, 10% owner | Oct 22, 2025 | Buy | +4,000 | $3.75 | $15.00K | 5,375,015 |
| Phil E. Mulacek Director, 10% owner | Oct 20, 2025 | Buy | +8,190 | $3.58 | $29.32K | 5,371,015 |
| Phil E. Mulacek Director, 10% owner | Sep 19, 2025 | Option exercise | +35,402 | – | – | 852,664 |
| Phil E. Mulacek Director, 10% owner | Sep 19, 2025 | Option exercise | +48,166 | – | – | 533,368 |
| Phil E. Mulacek Director, 10% owner | Sep 19, 2025 | Option exercise | +14,326 | – | – | 540,626 |
| Phil E. Mulacek Director, 10% owner | Sep 19, 2025 | Option exercise | +570 | – | – | 43,403 |
| Phil E. Mulacek Director, 10% owner | Sep 19, 2025 | Option exercise | +135,135 | – | – | 6,308,069 |
| Phil E. Mulacek Director, 10% owner | Sep 17, 2025 | Buy | +20,609 | $4.04 | $83.26K | 5,362,825 |
| Phil E. Mulacek Director, 10% owner | Sep 16, 2025 | Buy | +6,689 | $4.03 | $26.96K | 5,342,216 |
| Phil E. Mulacek Director, 10% owner | Sep 15, 2025 | Buy | +9,648 | $3.98 | $38.40K | 5,335,527 |
| Phil E. Mulacek Director, 10% owner | Sep 12, 2025 | Buy | +6,000 | $4.08 | $24.48K | 5,325,879 |
| Phil E. Mulacek Director, 10% owner | Sep 11, 2025 | Buy | +2,971 | $4.10 | $12.18K | 5,319,879 |
| Phil E. Mulacek Director, 10% owner | Sep 10, 2025 | Buy | +7,012 | $4.09 | $28.68K | 5,316,908 |
| Matthew E. Watson Chief Accounting Officer | Sep 8, 2025 | Sale | −3,377 | $4.51 | $15.23K | 10,000 |
| Matthew E. Watson Chief Accounting Officer | Sep 4, 2025 | Sale | −109 | $4.86 | $530 | 14,434 |
| Matthew E. Watson Chief Accounting Officer | Sep 4, 2025 | Sale | −1,057 | $4.87 | $5.15K | 13,377 |
| Matthew E. Watson Chief Accounting Officer | Sep 4, 2025 | Sale | −457 | $4.86 | $2.22K | 14,543 |
| Phil E. Mulacek Director, 10% owner | May 23, 2025 | Buy | +36,917 | $4.05 | $149.51K | 5,309,896 |
| Phil E. Mulacek Director, 10% owner | May 22, 2025 | Buy | +16,317 | $4.05 | $66.08K | 5,272,979 |
| Phil E. Mulacek Director, 10% owner | May 21, 2025 | Buy | +6,384 | $4.05 | $25.86K | 5,256,662 |
| Phil E. Mulacek Director, 10% owner | May 20, 2025 | Buy | +18,616 | $4.04 | $75.21K | 5,250,278 |
| Phil E. Mulacek Director, 10% owner | May 19, 2025 | Buy | +4,482 | $4.00 | $17.93K | 5,231,662 |
| Phil E. Mulacek Director, 10% owner | Apr 15, 2025 | Award | +10,000 | – | – | 5,227,180 |
| Andrew Lloyd Lewis Director | Apr 15, 2025 | Award | +10,000 | – | – | 43,220 |
| J. Kevin Vann Director | Apr 15, 2025 | Award | +10,000 | – | – | 28,115 |
| Matthew E. Watson Chief Accounting Officer | Apr 15, 2025 | Award | +15,000 | – | – | 15,000 |
| Benjamin J. Marchive II Director | Apr 15, 2025 | Award | +10,000 | – | – | 61,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Eugene J. Sweeney Former officer | Sep 8, 2023 | 15,000 | $128.25K | Sep 8, 2023 | Private Placement |
| Eugene J. Sweeney Former | Aug 21, 2023 | 15,000 | $136.65K | Aug 21, 2023 | Private Placement |