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Stock impact report

Empire Petroleum: Likely Needs Significant Additional Funding In 2026 [Seeking Alpha]

Empire Petroleum Corporation (EP) 
Company Research Source: Seeking Alpha
Empire is expected to focus more on natural gas development in 2026 with stronger prices there relative to oil. Liquidity is a significant concern, though, with its credit facility maturing in December 2026 and minimal availability under that facility expected late in 2026. I expect Empire to need to raise another $10 million to $25 million in 2026, depending on what happens with its credit facility. This could result in substantial dilution given that its share price is around $3 now. halbergman/iStock via Getty Images Empire Petroleum ( EP ) reported relatively positive Q3 2025 results . It reduced its lease operating expense per BOE by 13% compared to Q2 2025 and also increased its oil production by 5% quarter-over-quarter with minimal in-quarter More on my IG service Black Friday Offer Take advantage of our 20% off Black Friday offer before it expires on December 3! Join our community now to receive exclusive research about various companies and other opportunit Show less Read more
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