Alert: Major Price Advance (11/24/23)-Empire Petroleum Corp (NYSEAMERICAN: EP).


Empire Petroleum Corp (NYSEAMERICAN: EP) stock closed at $8.07 on 11/24/23 after a major increase of 11.0%. The stock has declined -1.7% during the last week and has been weak relative to the market over the last nine months.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, EP is expected to continue to be an important Value Builder.

Empire Petroleum has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Empire Petroleum has a neutral Appreciation Score of 40 and a slightly negative Power Rating of 31, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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