Empire Petroleum Director Buys 16,983 Shares at $4.08-$4.1 per Share.

Monday, Sep 15, 2025 6:54 pm ET1min read

Empire Petroleum Corp. (EP) has announced that Director and 10% owner Phil E. Mulacek has recently made significant investments in the company's shares. Specifically, Mr. Mulacek purchased 7,012 shares at a price of $4.09 per share on September 10, 2025, and an additional 2,971 shares at a price of $4.1 per share on September 11, 2025. Furthermore, he acquired 6,000 shares at a price of $4.08 per share on September 12, 2025. These transactions demonstrate Mr. Mulacek's confidence in the company's prospects and his commitment to its long-term success.

Empire Petroleum Corp. (EP) has seen a significant increase in shareholder confidence following recent transactions by Director and 10% owner Phil E. Mulacek. According to SEC filings, Mulacek has made substantial investments in the company's shares over the past few days, demonstrating his belief in EP's future prospects.

On September 10, 2025, Mulacek purchased 7,012 shares at a price of $4.09 per share, totaling $28,759.48. The following day, he acquired an additional 2,971 shares at a price of $4.10 per share, amounting to $12,146.10. On September 12, 2025, Mulacek further increased his stake by purchasing 6,000 shares at a price of $4.08 per share, totaling $24,480.00. These transactions have resulted in Mulacek owning a total of 15,983 shares, a significant increase from his previous holdings.

These purchases come at a time when the company is undergoing strategic changes and expansion plans. The transactions highlight Mulacek's confidence in the company's ability to navigate these changes and achieve long-term success.

Matthew E. Watson, the Chief Accounting Officer of Empire Petroleum Corp., also made a notable sale of shares recently. On September 8, 2025, Watson sold 3,377 shares at a weighted average price of $4.5126 per share, totaling $15,239.00. Following this sale, Watson directly owns 10,000 shares of Empire Petroleum Corp. Empire Petroleum Corp Officer Sells Shares[1]

These transactions underscore the sentiment among key stakeholders that Empire Petroleum Corp. is poised for growth and stability. Investors should closely monitor the company's progress and future announcements to gauge the impact of these investments on the company's performance.

Empire Petroleum Director Buys 16,983 Shares at $4.08-$4.1 per Share.

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