Empire Petroleum (EP) Director Phil E Mulacek Buys $222K of Stock
Key Points
- Empire Petroleum Corporation director Phil E Mulacek picked up 69,427 shares at $3.20 each on October 14, 2026, totaling about $222,166.
- The purchase lifted Mulacek's total holdings to 1,058,232 shares, marking a 7.02% increase in his stake.
- The company's next financial results are slated for release on November 12, 2026.
Since the trade, $EP is up 5.9% to date (from the $3.20 close on Oct 14, 2026).
Get Empire Petroleum Corp text alerts
We text you when insiders, Congress, analysts or big funds move on $EP.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Empire Petroleum Corp alert may contain errors. Disclosures
Empire Petroleum Corporation director Phil E Mulacek bought 69,427 shares of the energy company on October 14, 2026. According to a Form 4 filed with the Securities and Exchange Commission, the transaction was executed at a price of $3.20 per share for a total value of about $222,166.
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 expanded Mulacek's direct holdings by 7.02%, lifting his total stake to 1,058,232 shares. This follows a string of earlier acquisitions by the insider, including a purchase of 25,127 shares on October 8, 2026, and 11,915 shares on September 30, 2026. The transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in Empire Petroleum
Other institutional investors have also adjusted their positions in the firm recently. Millennium Management LLC grew its holdings by 78,000 shares, ending with 155,999 shares worth about $528,836. Jane Street Group, LLC added 44,384 shares, bringing its total to 88,768 shares valued at roughly $300,923. Citadel Advisors LLC increased its stake by 52,418 shares, finishing with 66,304 shares worth about $224,770. Meanwhile, Susquehanna International Group, LLP picked up an additional 32,346 shares for a total of 64,693 shares valued at roughly $219,309, and &Partners LLC kept its stake steady at 110,857 shares worth about $375,805.
Empire Petroleum Corp Stock Up 5.3%
The stock recently traded around $3.39 as of October 19, 2026, putting it about 22.0% above its 50-day moving average and 19.2% above its 200-day moving average. The shares sit roughly 16.9% below their 52-week high of $4.08 and well above their 52-week low of $2.08.
Recent Earnings
For the trailing twelve months, the company posted $35.3 million in revenue. Profitability metrics show a net margin of -202.2% and a return on equity of -230.7%, alongside basic earnings per share of -2.06. The company is scheduled to report its next set of financial results on November 12, 2026.
Insider Buying and Selling at Empire Petroleum Corp
Insider activity over the prior months included multiple transactions. On September 8, 2026, officer Matthew E. Watson sold 5,000 shares valued at $13,824. Director Mason H Matschke bought 5,777 shares at $2.38 apiece on September 11, 2026, totaling $13,730. Those trades preceded Mulacek's autumn purchases.
About Empire Petroleum
Headquartered in Tulsa, Oklahoma, Empire Petroleum Corporation focuses on acquiring, developing, and optimizing oil and gas properties across New Mexico, North Dakota, Montana, Texas, and Louisiana. The company operates smaller-scale energy assets to boost production efficiency.
Bottom Line
Investors are keeping an eye on the company's upcoming earnings report on November 12, 2026, to see how operational updates affect financial performance. Monitoring further Form 4 filings will show whether insiders continue adjusting their positions.
Related Filing Alerts
Source: Phil E Mulacek's Form 4 filing on $EP (Oct 14, 2026). Written by software, not financial advice. How we make alerts