Eugene Sweeney - Empire Petroleum Chief Operating Officer
| EP Stock | USD 5.75 0.14 2.38% |
COO
Eugene Sweeney is Chief Operating Officer of Empire Petroleum Corp since 2022.
| Age | 56 |
| Tenure | 2 years |
| Address | 2200 South Utica Place, Tulsa, OK, United States, 74114 |
| Phone | 539 444 8002 |
| Web | https://empirepetroleumcorp.com |
Eugene Sweeney Latest Insider Activity
Tracking and analyzing the buying and selling activities of Eugene Sweeney against Empire Petroleum stock is an integral part of due diligence when investing in Empire Petroleum. Eugene Sweeney insider activity provides valuable insight into whether Empire Petroleum is net buyers or sellers over its current business cycle. Note, Empire Petroleum insiders must abide by specific rules, including filing SEC forms every time they buy or sell Empire Petroleum'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Eugene Sweeney over two months ago Acquisition by Eugene Sweeney of 3500 shares of Empire Petroleum at 11.73 subject to Rule 16b-3 |
Empire Petroleum Management Efficiency
The company has Return on Asset (ROA) of (0.0867) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0867. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.4459) %, which implies that it produced no returns to current stockholders. Empire Petroleum's management efficiency ratios could be used to measure how well Empire Petroleum manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/26/2024, Return On Tangible Assets is likely to drop to -0.14. In addition to that, Return On Capital Employed is likely to grow to -0.16. At this time, Empire Petroleum's Total Current Liabilities is relatively stable compared to the past year. As of 11/26/2024, Liabilities And Stockholders Equity is likely to grow to about 97.2 M, while Non Current Liabilities Other is likely to drop (945 K).Management Performance
| Return On Equity | -0.45 | ||||
| Return On Asset | -0.0867 |
Empire Petroleum Corp Leadership Team
Elected by the shareholders, the Empire Petroleum's board of directors comprises two types of representatives: Empire Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Empire. The board's role is to monitor Empire Petroleum's management team and ensure that shareholders' interests are well served. Empire Petroleum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Empire Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mason Matchske, Director | ||
| Phil Mulacek, Director | ||
| Eugene Sweeney, Chief Operating Officer | ||
| Matthew Watson, Chief Officer | ||
| William West, Senior Operations | ||
| Michael Morrisett, President Treasurer, Director | ||
| Angela Baker, Chief Officer | ||
| Stephen Faulkner, Chief Officer | ||
| Anthony Kamin, Chairman of the Board | ||
| Thomas Pritchard, Chief Executive Officer, Secretary, Director | ||
| Benjamin Marchive, Director |
Empire Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Empire Petroleum a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.45 | ||||
| Return On Asset | -0.0867 | ||||
| Profit Margin | (0.37) % | ||||
| Operating Margin | (0.30) % | ||||
| Current Valuation | 204.3 M | ||||
| Shares Outstanding | 33.63 M | ||||
| Shares Owned By Insiders | 54.29 % | ||||
| Shares Owned By Institutions | 11.51 % | ||||
| Number Of Shares Shorted | 1.39 M | ||||
| Price To Earning | 136.26 X |
Pair Trading with Empire Petroleum
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Empire Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Empire Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving together with Empire Stock
| 0.7 | LB | LandBridge Company Downward Rally | PairCorr |
| 0.68 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Empire Stock
| 0.51 | BRN | Barnwell Industries | PairCorr |
| 0.36 | BRY | Berry Petroleum Corp | PairCorr |
| 0.31 | APA | APA Corporation | PairCorr |
The ability to find closely correlated positions to Empire Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Empire Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Empire Petroleum Corp to buy it.
The correlation of Empire Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Empire Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Petroleum Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Empire Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Empire Stock Analysis
When running Empire Petroleum's price analysis, check to measure Empire Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.