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Empire Petroleum ( (EP) ) just unveiled an update.
On August 15, 2025, Empire Petroleum announced a unanimous and favorable ruling from the New Mexico Oil Conservation Commission regarding its rights to the Residual Oil Zone in the Eunice Monument South Unit in Lea County, New Mexico. This decision allows Empire to proceed with a CO2 enhanced oil recovery pilot project and denies several applications from Goodnight Midstream Permian, LLC, reinforcing Empire’s position in New Mexico and paving the way for sustained production and asset protection.
Spark’s Take on EP Stock
According to Spark, TipRanks’ AI Analyst, EP is a Neutral.
Empire Petroleum’s overall stock score is primarily impacted by its weak financial performance and concerning valuation metrics. The technical analysis provides mixed signals, with bearish trends dominating. The recent corporate event, while positive, does not offset the significant financial and valuation challenges.
To see Spark’s full report on EP stock, click here.
More about Empire Petroleum
Empire Petroleum Corporation is a publicly traded oil and gas company based in Tulsa, with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana. The company focuses on organic growth and targeted acquisitions of proved developed assets that complement their existing portfolio of wells.
Average Trading Volume: 26,582
Technical Sentiment Signal: Strong Sell
Current Market Cap: $161.4M
For detailed information about EP stock, go to TipRanks’ Stock Analysis page.