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How to Buy Empire Petroleum Stock

Empire Petroleum Corp

Empire Petroleum is a oil and gas company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker EP on the NYSEMKT exchange.

Empire Petroleum stock last closed at $5.62, down 4.42% from the previous day, and has decreased 42.94% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.66 percentage points. Empire Petroleum stock is currently +24.06% from its 52-week low of $4.53, and -48.86% from its 52-week high of $10.99.

There are currently 30.38M shares of EP outstanding. The market capitalization of EP is $170.74M. In the last 24 hours, 44,227 EP shares were traded.

How to Buy Empire Petroleum Stock

Not sure how to invest in Empire Petroleum stock? Here's how.
  1. Decide where to buy Empire Petroleum stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Empire Petroleum stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your info.
  4. Research Empire Petroleum stock: The Empire Petroleum ticker symbol is EP. Is Empire Petroleum stock a good investment? Should you buy shares of EP? How do EP's underlying business fundamentals look? Do top analysts think Empire Petroleum is a good buy? Why has EP's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if EP is a good stock to buy).
  5. Make your EP buy order: Decide if you will purchase EP shares at the current market price or use a limit order to purchase EP shares at a given price.
  6. Get updates on your EP investment: Create a watchlist to track your investment in Empire Petroleum shares.

Step 1: Decide where to buy Empire Petroleum stock

You will need a brokerage account in order to access the NYSEMKT market and buy EP shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to buy EP stock today.

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Step 3: Deposit money your investment account

Now that you've created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:

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Step 4: Research Empire Petroleum stock

After you have identified the best place to buy Empire Petroleum stock, it's critical to research their stock prior to buying, so you truly wrap your head around the risk as well as the upside.

Empire Petroleum shares quick numbers

EP Price
$5.62
1w %
-11.08%
1y %
-42.94%
5y %
569.05%
P/E
-9.53x
P/B
5.39x
P/S
3.66x
PEG
N/A
Revenue
$39.41M
Earnings
-$13.99M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$170.74M
Next Earnings
Aug 13, 2024
Next Dividend
N/A

Empire Petroleum Zen Score

WallStreetZen was created to help average investors perform better fundamental analysis.

You can view all of the due diligence checks on EP's stock page.

How is EP stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge EP's true value.

Using relative valuations methods:

  • EP could be overvalued based on its P/B ratio of 5.39x, relative to Oil & Gas E&P industry P/B ratio of 1.9x

You can access additional valuation research on EP's stock here.

Is EP a healthy company?

Pros:

  • Total EP debt is lower than 5 years ago, relative to shareholder equity.

Cons:

  • EP has cash burn of 33232851. It does not have enough cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the EP balance sheet.
  • EP has $3.49M in cash and short term investments. This is not sufficient to cover its annual cash burn of $33.23M.
  • There are more long-term liabilities than short-term assets on the EP balance sheet.
  • EP has a relatively high debt to equity ratio of 2.16.
  • EP profit margin has gone down from 2% to -35.5% in the past year.

EP Trading Indicators

SMA10
6.13
SMA20
6.72
SMA50
6.17
SMA100
6
SMA200
7.28
MACD
-0.16
MACD Signal
0.01
MACD Histogram
-0.17
RSI
38.87
Stochastic %K
1.72
Stochastic %D
4.65
StochRSI %K
1.87
StochRSI %D
4.6

EP Performance Metrics

Last year, EP revenue was $39.41M. In the last five year, EP's revenue has grown by 122.59% per year. This was faster than the Oil & Gas E&P industry average of 19.02%.

Dive into EP's earnings and revenue performance here.

Latest Insiders Trades at EP

Over the last year, insiders at EP have bought more shares than they have sold.

Benjamin J. Marchive Ii, Director of EP, was the latest EP insider to buy. They bought $16,700.00 worth of EP stock on May 29, 2024.

Learn more about who owns EP shares here.

Does EP provide a stable income stream?

No, Empire Petroleum doesn't provide an income stream by paying out dividends.

What others are saying about EP

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your EP buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open button and eToro will place your order.

If you need more info about buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get updates on your EP investment

Now that you own some EP shares, you'll want to keep up with your new stock purchase.

Make a watchlist to monitor your EP stock.

EP Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Empire Petroleum

To summarize, here are the 6 steps you need to take to buy Empire Petroleum stock right now:

  1. Decide where to buy Empire Petroleum stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Empire Petroleum stock
  5. Make your EP buy order
  6. Get updates on your EP investment

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Empire Petroleum, hit the button below to create your watchlist.

NYSEMKT: EP
$5.62-0.26 (-4.42%)
Updated Jun 18, 2024
Open eToro Account
NYSEMKT: EP
$5.62-0.26 (-4.42%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Empire Petroleum share?

As of Jun 18, 2024, it costs $5.62 to buy one share of Empire Petroleum stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.356 shares of EP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Empire Petroleum stock?

One way to place an order for Empire Petroleum stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.