tiprankstipranks
Trending News
More News >

Empire Petroleum Boosts Loan Agreement with Equity Bank

Empire Petroleum Boosts Loan Agreement with Equity Bank

Confident Investing Starts Here:

The latest update is out from Empire Petroleum ( (EP) ).

Empire Petroleum Corporation’s subsidiaries, Empire North Dakota and Empire ND Acquisition, have amended their Revolver Loan Agreement with Equity Bank, increasing the commitment amount to $20 million and monthly reductions to $250,000. This strategic financial move, announced in a press release, underscores the company’s growth and financial flexibility, appealing to investors interested in dynamic market strategies.

Learn more about EP stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App