Empire Petroleum (EP) Director Phil E Mulacek Buys $64K of Stock
Key Points
- Director Phil E Mulacek bought 20,073 shares of Empire Petroleum Corp at an average price of $3.20 per share on October 12, 2026.
- The transaction increased Mulacek's total holdings in the oil and gas producer to 988,805 shares.
- Empire Petroleum recently traded around $3.39 per share, holding a market capitalization of roughly $141 million.
Since the trade, $EP is up 4.3% after 1 week and up 4.3% to date (from the $3.25 close on Oct 12, 2026).
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Empire Petroleum Corp director Phil E Mulacek bought 20,073 shares of the company on October 12, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were acquired at a price of $3.20 apiece for a total value of $64,225.57.
EP
Empire Petroleum Corp
Phil E Mulacek vs. the S&P 500
Hypothetical returns from Phil E Mulacek's disclosed trades, not real profit or advice. How we model this.
Inside Phil E Mulacek's Empire Petroleum Trade
The purchase was executed in the open market and was not part of a pre-arranged Rule 10b5-1 trading plan. Following this transaction, Mulacek's direct ownership in the company rose to 988,805 shares, representing a 2.07% increase in his personal stake. Mulacek serves as a director and holds beneficial ownership of more than 10% of the company's class of securities.
Other Institutional Activity in Empire Petroleum
Millennium Management LLC grew its holdings by 78,000 shares, ending with 155,999 shares worth about $528,836. &Partners LLC kept its stake steady at 110,857 shares worth about $375,805. Jane Street Group, LLC added 44,384 shares for a final count of 88,768 shares valued at roughly $300,923. Citadel Advisors Llc grew its holdings by 52,418 shares, a 377.5% increase, to end with 66,304 shares worth about $224,770. Susquehanna International Group, LLP added 32,346 shares, ending with 64,693 shares worth about $219,309.
Empire Petroleum Corp Stock Up 5.3%
The stock recently traded around $3.39 as of October 19, 2026. The shares sit roughly 22.0% above their 50-day moving average and 19.2% above their 200-day moving average. The price rests below its 52-week high of $4.08 and well above its 52-week low of $2.08, giving the company a market capitalization of roughly $141 million.
Recent Earnings
Empire Petroleum posted trailing twelve-month revenue of $35.2 million alongside basic earnings per share of negative $2.06. The company reported a net profit margin of negative 202.2% and a return on equity of negative 230.7%.
Insider Buying and Selling at Empire Petroleum Corp
Earlier insider trades at the firm include a sale of 5,000 shares by officer Matthew E. Watson on September 8, 2026. On the buying side, director Mason H Matschke purchased 5,777 shares at $2.38 each on September 11, 2026, for a total of $13,730. Phil E Mulacek also bought 11,915 shares at $2.25 each on September 30, 2026, totaling $26,825, and followed up with another purchase of 25,127 shares on October 8, 2026, valued at $68,068.
About Empire Petroleum
Empire Petroleum Corporation focuses on the acquisition, optimization, and development of oil and gas properties across the United States. Its assets span multiple states including New Mexico, North Dakota, Montana, Texas, and Louisiana. The Tulsa, Oklahoma-based company works to improve production from mature fields, making ongoing insider purchases a point of focus for followers tracking how leadership views the firm's asset base.
Bottom Line
Investors are tracking insider transactions as the company prepares its next financial updates. Form 4 filings remain public records for tracking executive and director positioning in the energy producer.
Related Filing Alerts
Source: Phil E Mulacek's Form 4 filing on $EP (Oct 12, 2026). Written by software, not financial advice. How we make alerts