Director Mulacek bought 6,800 shares across 3 transactions totaling $20,363.40 at blended avg $2.99, stock now $2.93 (-62.3% from 52-week high)
Phil E Mulacek, Director of Empire Petroleum, executed 3 separate purchases totaling 6,800 shares for $20,363.40 between 2025-12-31 and 2026-01-02 at prices averaging $2.99. His post-transaction holdings of 6,173,732 shares represent a +0.1% increase. The company is currently unprofitable with net income of $-3,844,000.00 against revenue of $9,388,000.00, and the stock trades at $2.93, down 27.5% over 90 days and -62.3% from its 52-week high of $7.78. Mulacek's cross-ticker track record shows mixed results (20 prior buys, 50.00% 90-day win rate, average 90d return -1.1%), and his recent same-ticker activity at EP spans five purchases in late November and December with measurable outcomes limited to one modest 30-day gain of +1.4% and two flat-to-negative 30-day periods. The rapid-fire sequence of purchases into a steep downtrend at an unprofitable company warrants close observation of the underlying rationale.