Ep.Bk
EP.BK operates in the Commercial Printing Services industry, providing industrial services, and generates revenue primarily through service contracts and product sales.
Business. Empire Petroleum Corp (EP) is an integrated oil and gas company operating within the Energy sector. The firm is headquartered in the United States and is primarily listed on the New York Stock Exchange under the ticker symbol EP. Specific details regarding its operating segments and geographic mix are not provided in the available data.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Empire Petroleum Corp (EP) is currently undergoing its first formal analysis, meaning there is no prior baseline to compute material changes or identify specific shifts in corporate activity. Consequently, no significant operational, financial, or strategic developments can be reported for this period, as the available data does not support assertions of change. The company’s current profile indicates a lack of external analyst coverage and index membership, with zero officers recorded in the current dataset. Despite this absence of traditional market visibility metrics, the entity maintains a shareholder base comprising 16 top holders, suggesting a concentrated ownership structure. Market attention for EP has been minimal over the recent 30-day window. Dispatch activity was virtually non-existent, with only a single dispatch recorded on July 3, 2026, and zero activity on all other days between June 24 and July 14, 2026. This low volume of communication underscores the limited current interest or news flow surrounding the ticker. Given the absence of material changes, watcher signals, or cross-source sentiment data, the significance of this snapshot lies in establishing a baseline for future monitoring. Investors should note that the current lack of analyst coverage and minimal dispatch activity may reflect the company's early stage in this specific analytical framework rather than a lack of underlying business activity.
Signals & dispatch
Composite-score breakdown
Synthesis
Empire Petroleum Corp (EP) is an integrated oil and gas company operating within the Energy sector. The firm is headquartered in the United States and is primarily listed on the New York Stock Exchange under the ticker symbol EP. Specific details regarding its operating segments and geographic mix are not provided in the available data.
The company's capital structure is highly leveraged, with a debt-to-equity ratio of 2.2, indicating significant reliance on debt financing. Its liquidity position is weak, as evidenced by a current ratio of 0.15 and negative free cash flow of -1,693,358,570 THB, which suggests the company is struggling to generate sufficient cash from operations to meet short-term obligations. The price-to-book ratio of 0.42 and price-to-tangible-book ratio of 0.42 further indicate that the company's market value is significantly below its book value, potentially signaling distress or undervaluation.
Profitability is severely negative, with a return on equity of -66.14% and return on assets of -18.67%, both far below industry norms. The company reported a net loss of 1,512,763,460 THB and an operating loss of 1,514,530,270 THB, indicating a failure to generate positive returns for shareholders or efficient use of assets. Gross profit of 198,681,070 THB is insufficient to cover operating expenses, highlighting operational inefficiencies or pricing pressures.
Geographic and segment exposure is not explicitly detailed in the available data, but the company's revenue concentration is implied to be within the industrial services sector. The absence of disclosed segments suggests a lack of diversification, increasing vulnerability to sector-specific downturns.
Growth trajectory is negative, with no clear indication of improvement in the near term. The company's operating cash flow is negative at -598,271,310 THB, and capital expenditures are minimal at -891,890 THB, suggesting a lack of investment in future growth. The absence of revenue growth data and the continued losses indicate a challenging outlook for the company's ability to expand or stabilize its operations.
Risk factors include high leverage and weak liquidity, with a debt-to-equity ratio of 2.2 and a current ratio of 0.15. The company's negative free cash flow and operating cash flow further exacerbate liquidity concerns. Dilution risk is currently low, but the company's financial distress could lead to future equity issuances to fund operations or reduce debt. The risk assessment highlights a key flag of negative net cash after subtracting total debt, which could lead to refinancing challenges or covenant violations.
Recent events include the filing of financial results showing continued losses and negative cash flows. No recent transcripts or filings indicate strategic changes or restructuring plans that could improve the company's financial position.
Empire Petroleum Corp (EP) is currently undergoing its first formal analysis, meaning there is no prior baseline to compute material changes or identify specific shifts in corporate activity. Consequently, no significant operational, financial, or strategic developments can be reported for this period, as the available data does not support assertions of change. The company’s current profile indicates a lack of external analyst coverage and index membership, with zero officers recorded in the current dataset. Despite this absence of traditional market visibility metrics, the entity maintains a shareholder base comprising 16 top holders, suggesting a concentrated ownership structure. Market attention for EP has been minimal over the recent 30-day window. Dispatch activity was virtually non-existent, with only a single dispatch recorded on July 3, 2026, and zero activity on all other days between June 24 and July 14, 2026. This low volume of communication underscores the limited current interest or news flow surrounding the ticker. Given the absence of material changes, watcher signals, or cross-source sentiment data, the significance of this snapshot lies in establishing a baseline for future monitoring. Investors should note that the current lack of analyst coverage and minimal dispatch activity may reflect the company's early stage in this specific analytical framework rather than a lack of underlying business activity.
- EP.BK is highly leveraged with a debt-to-equity ratio of 2.2, indicating significant financial risk.
- The company is unprofitable, with a return on equity of -66.14% and a net loss of 1,512,763,460 THB.
- Liquidity is critically weak, with a current ratio of 0.15 and negative free cash flow of -1,693,358,570 THB.
- The company's market value is below book value, as indicated by a price-to-book ratio of 0.42.
- Growth prospects are limited, with no signs of improvement in operating performance or cash flow generation.
Bull / Bear case
Generated · model-assistedRevenue grew 27.6% year-over-year in FY2025, indicating top-line expansion despite ongoing operational losses.
The company maintains a debt-to-equity ratio of 0.26, which is above the median for its peer cohort.
Credit risk is assessed as low, suggesting manageable default probabilities despite high liquidity concerns.
Net income deteriorated significantly to a $72.1 million loss in FY2025, reflecting severe profitability challenges.
High liquidity risk is flagged, compounded by a current ratio of only 0.34 as of late 2025.
Medium dilution risk exists, potentially eroding shareholder value as the company seeks capital to fund operations.
In focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Chief Accounting Officer · Employee Stock Option (right to buy) → Common StockAcquired 9 000 @ $2,65grant · 2026-06-16
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed 2 089 100 @ $2,99exercise · 2026-04-15
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed 620 @ $2,99exercise · 2026-04-15
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed 45 378 @ $2,99exercise · 2026-04-15
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed 51 692 @ $2,99exercise · 2026-04-15
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed 67 148 @ $2,99exercise · 2026-04-15
- Director · Subscription Rights (right to buy) → Common StockDisposed 5 402 @ $2,99exercise · 2026-03-31
- 10% owner · Subscription Rights (right to buy) → Common StockDisposed 1 855 757 @ $2,99exercise · 2026-03-31
- Director, 10% owner · Convertible Note Due 2026 → Common StockDisposed 1 003 344 @ $2,99exercise · 2026-03-10
- Director, 10% owner · Convertible Note Due 2026 → Common StockAcquired 1 003 344 @ $2,99grant · 2026-02-19
- Director, President & CEO · Employee Stock Option (right to buy) → Common StockDisposed 589 100 @ $1,32sale · 2025-11-05
- Director, 10% owner · Stock option (right to buy) → Common StockDisposed 589 100 @ $1,32exercise · 2025-11-05
- Director, 10% owner · Stock option (right to buy) → Common StockAcquired 589 100 @ $1,32purchase · 2025-11-05
- Director, 10% owner · Common Stock Warrant (Right to Buy) → Common StockAcquired 281 030 @ $4,27grant · 2025-09-24
- Director, 10% owner · Convertible Note Due 2027 → Common StockAcquired 936 768 @ $4,27grant · 2025-09-24
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed — @ $0,07exercise · 2025-09-19
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed — @ $0,07exercise · 2025-09-19
- Director, 10% owner · Common Stock Warrant (right to buy) → Common StockDisposed — @ $5,46exercise · 2025-09-19
- Director, 10% owner · Common Stock Warrant (right to buy) → Common StockDisposed — @ $5,46exercise · 2025-09-19
- Director, 10% owner · Common Stock Warrant (right to buy) → Common StockDisposed — @ $5,46exercise · 2025-09-19
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed — @ $0,07exercise · 2025-09-19
- Director, 10% owner · Common Stock Warrant (right to buy) → Common StockDisposed — @ $5,46exercise · 2025-09-19
- Director, 10% owner · Common Stock Warrant (right to buy) → Common StockDisposed — @ $5,46exercise · 2025-09-19
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed — @ $0,07exercise · 2025-09-19
- Director, 10% owner · Subscription Rights (right to buy) → Common StockDisposed — @ $0,07exercise · 2025-09-19
Physical assets
4 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Bang Bo power station | Power | Oil & Gas | Thailand | Parent |
| Bang Bo power station | Power | Oil & Gas | Thailand | Registered owner |
| Bang Bo power station | Power | Power | Thailand | Parent |
| Bang Bo power station | Power | Power | Thailand | Registered owner |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
- EP.BK Market data — financials · 2026-05-27
- Eastern Power Group PCL Market data — analyst estimates · 2026-05-27
Ownership & reference
Leadership
- Arak RatboriharnChief Executive Officer, Executive Director
- BG Lee Hsien YangPresident & CEO
- Yuth ChinsuphakkunExecutive Chairman of the Board
Insider activity
- 10% owner · Common StockOther 941 332 · 2026-07-02
- Director, President & CEO · Common StockOther 16 609 · 2026-07-02
- Director · Common StockOther 10 000 · 2026-06-16
- Director · Common StockOther 10 000 · 2026-06-16
- Director · Common StockOther 10 000 · 2026-06-16
- Chief Accounting Officer · Common StockOther 9 000 · 2026-06-16
- Director · Common StockOther 10 000 · 2026-06-16
- Director, 10% owner · Common StockOther 10 000 · 2026-06-16
- Director · Common StockBought 7 777 @ $2,54$20K · 2026-05-29
- Director, 10% owner · Common StockOther 45 378 @ $2,99$136K · 2026-04-15
- Director, 10% owner · Common StockOther 67 148 @ $2,99$201K · 2026-04-15
- Director, 10% owner · Common StockOther 620 @ $2,99$2K · 2026-04-15
- Director, 10% owner · Common StockOther 2 089 100 @ $2,99$6,2M · 2026-04-15
- Director, 10% owner · Common StockOther 51 692 @ $2,99$155K · 2026-04-15
- Director · Common StockOther 5 402 @ $2,99$16K · 2026-03-31
- 10% owner · Common StockOther 1 855 757 @ $2,99$5,5M · 2026-03-31
- Director, 10% owner · Common StockOther 1 003 344 @ $2,99$3,0M · 2026-03-10
- 10% owner · Common StockOther 562 500 · 2026-01-05
- Director, 10% owner · Common StockBought 1 068 @ $3,00$3K · 2026-01-02
- Director, 10% owner · Common StockBought 732 @ $2,95$2K · 2025-12-31
- Director, 10% owner · Common StockBought 5 000 @ $3,00$15K · 2025-12-31
- Director, 10% owner · Common StockBought 84 @ $3,00$252 · 2025-12-30
- Director, 10% owner · Common StockBought 5 367 @ $3,00$16K · 2025-12-29
- Director, 10% owner · Common StockBought 7 223 @ $3,00$22K · 2025-12-02
- Director, 10% owner · Common StockBought 1 743 @ $3,00$5K · 2025-11-28
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): -46.8%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -107.3%Derived (calculated)
- Return on assets (FY 2025-12-31): -109.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 15.3%Derived (calculated)
- Return on equity (FY 2025-12-31): 1,564.8%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -292.6%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -292.6%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -421.8%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.34xDerived (calculated)
- Net margin (FY 2025-12-31): -210.7%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -164.1%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -21.6%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): -15.30xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -47.2%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -345.0%Derived (calculated)
- Total operating expenses (annual): USD 105.52MSEC XBRL filing
- Pre-tax income (annual): USD -72.07MSEC XBRL filing
- Net income (annual): USD -72.07MSEC XBRL filing
- Cash & equivalents (annual): USD 1.19MSEC XBRL filing
- Total liabilities (annual): USD 70.48MSEC XBRL filing
- Total assets (annual): USD 65.87MSEC XBRL filing
- Current assets (annual): USD 8.18MSEC XBRL filing
- Current liabilities (annual): USD 24.34MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -2SEC XBRL filing