Insider Trading Alert: EMPIRE PETROLM $EMPR

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EMPIRE PETROLM (EMPR) insiders have most recently took part in a trading activity. On Dec 29, 2017 Morrisett Michael R., President, 10% Owner bought 20,000 shares having total worth of $3,200 at the price of $0.16 per share, following the transaction a total of 1,693,128 shares owned by Morrisett Michael R..

On Jan 10, 2018 Kamin Tony, Director, 10% Owner bought 250,000 shares having total worth of $25,000 at the price of $0.1 per share, following the transaction a total of 607,637 shares owned by Kamin Tony. Before this latest buy, Kamin Tony purchased EMPR at 1 other times during the past twelve months, for a total investment of $14,000 at an average of $0.1 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 6.67%
12 Month 2 0 31.15%

Empire Petroleum Corporation, a Delaware Corporation was incorporated in the State of Utah in August 1983 under the name Chambers Energy Corporation and domesticated in Delaware in March 1985 under the name Americomm Corporation. The Company’s name was changed to Americomm Resources Corporation in July 1995. On May 29, 2001, Americomm Resources Corporation acquired Empire Petroleum Corporation, which became a wholly owned subsidiary of Americomm Resources Corporation. On August 15, 2001, Americomm Resources Corporation and Empire Petroleum Corporation merged and the Company’s name was changed to Empire Petroleum Corporation. The company is engaged in the exploration and development of oil and gas interests in the United States. As of March 31, 2012, the company owned 50% interest the Gabbs Valley Prospect that covered 34,186 gross acres and is located in Nye and Mineral Counties, Nevada. It also owns interests in the South Okie Prospect, which covers 2,630 net acres of oil and gas leases in Natrona County, Wyoming.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.