Empire Petroleum Corporation (EP) 12-Month Stock Forecast & Price Target Cone

Per the Roarable RQD rating, EP scores 27 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." The Fundamental Cash Engine pillar scores 7 of 20, reflecting ROIC of -35% and an FCF yield of -3.51%, which indicates the business is not currently generating cash returns on invested capital. The Whale 13F Flow pillar scores 5 of 20, reflecting institutional accumulation and options positioning that the rating assigns a weak read. The Insider Conviction pillar scores 3 of 20, reflecting SEC Form 4 and Congressional PTR cluster flow that the rating treats as weak insider confidence. The Macro Regime Fit pillar scores 4 of 20, with a beta of 1.0 and sector sensitivity noted. The Forensic Balance Sheet pillar scores 8 of 20, reflecting an Altman Z-Score of 2.5, a Piotroski F-Score of 1 of 9, and Debt/Equity of 0.5.

For a prospective investor evaluating the stock today, the rating's implication is that every pillar sits in the bottom half of its range, with no pillar offering a clear offset. Upside drivers are not evident in the rating itself; the primary investor question is whether cash generation and forensic quality can improve from current levels, which the source data does not establish.

Empire Petroleum Corporation is a NYSE-listed issuer in the Energy sector, classified under Oil & Gas Production. Per the profile, the company has a market capitalization of $0.1B. The source data does not describe specific products, customers, or revenue model beyond the sector and industry classification and the reported revenue figures in the SEC financials.

Per the SEC financials, revenue declined from $43.6M in FY 2024 to $34.2M in FY 2025, while the operating loss widened from $-13.7M to $-71.3M. Per the market data, gross margin is 0%, operating margin is -60%, net margin is -60%, and ROIC is -35%. Per the Roarable RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 1 of 9, and Debt/Equity is 0.5. Cash reported in the most recent period is $1.2M.

Per the recent news and catalysts section, six items reference EP, all tagged as MARKET WIRE with a YELLOW light. Headlines include a seasonal returns chart, a Zacks analyst blog mention, a Stock Titan report on a fund reporting its EP stake after distributing 514,064 shares for no payment, a Form 13D/A filing dated 27 October, a report that EP climbed 6.97% to $2.61 as buyers defended support, and a seasonal chart for a separate issuer (Zion Oil & Gas). Per the Butterfly Supply-Chain Graph, no supply-chain links or proprietary signals are recorded. Risk watch items per the source data include the 13D/A filing, the fund distribution noted in the Stock Titan headline, and the -4.59% price change in the market data.

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as NONE, with no butterfly links and no proprietary signals. The source data therefore does not identify upstream suppliers, downstream customers, or sector co-movement relationships for EP. Within the sector classification of Energy and Oil & Gas Production, the data does not establish specific 2nd-order bottlenecks. Investors should note that the absence of recorded links is a limitation of the source data, not evidence of the absence of dependencies.

• What are the specific revenue sources and operating assets behind the FY 2025 revenue of $34.2M and the widening operating loss?
• What is the debt balance, given that debt is recorded as N/A for all reported periods despite a Debt/Equity ratio of 0.5?
• What drove the FY 2025 net loss of $-72.1M, and is it recurring or one-time?
• What is the content and significance of the 13D/A filing and the fund distribution referenced in the news section?
• What are EPS figures for each reported period, which are recorded as N/A?