Reported 3 days ago
Empire Petroleum Corporation (NYSE:EP) experienced a 9.52% decrease in share price from September 26 to October 3, 2025, driven by falling oil prices and market uncertainty due to OPEC+ supply increases and a potential US government shutdown. This decline follows a 20% surge the previous month, influenced by rising crude oil prices related to geopolitical tensions. Additionally, the company has issued a $4 million promissory note, introducing further financial complexities.
Source: YAHOO